AMC Global Media (AMCX) awards 10,926 cash-settled director stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Blank Matthew reported acquisition or exercise transactions in this Form 4 filing.
AMC Global Media Inc. director Matthew Blank received a grant of 10,926 director stock units as compensation. These units were granted for no cash consideration under the company’s Amended and Restated 2011 Stock Plan for Non-Employee Directors and are fully vested on the grant date.
Each director stock unit represents the right to receive the cash equivalent of one share of AMC Global Media Inc. Class A Common Stock. The units will be settled in cash on the first business day 90 days after Blank’s service on the Board of Directors ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Blank Matthew
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Stock Units | 10,926 | $0.00 | -- |
Holdings After Transaction:
Director Stock Units — 10,926 shares (Direct, null)
Footnotes (1)
- Each director stock unit is granted under the AMC Global Media Inc. Amended and Restated 2011 Stock Plan for Non-Employee Directors and represents a right to receive the cash equivalent of one share of Class A Common Stock. The director stock units are fully vested on the date of the grant and will be settled in cash on the first business day 90 days after service on the Board of Directors ceases. Granted under the AMC Global Media Inc. Amended and Restated 2011 Stock Plan for Non-Employee Directors for no consideration.
Key Figures
Director stock units granted: 10,926 units
Grant price per unit: $0.00
Units outstanding after grant: 10,926 units
+1 more
4 metrics
Director stock units granted
10,926 units
Grant to director Matthew Blank on transaction date
Grant price per unit
$0.00
No cash consideration for director stock units
Units outstanding after grant
10,926 units
Total director stock units held after transaction
Underlying Class A Common Stock
10,926 shares equivalent
Each unit equals cash value of one Class A share
Key Terms
Director Stock Units, Amended and Restated 2011 Stock Plan for Non-Employee Directors, Class A Common Stock
3 terms
Director Stock Units financial
"Each director stock unit is granted under the AMC Global Media Inc. Amended and Restated 2011 Stock Plan for Non-Employee Directors"
Director stock units are promises a company makes to its board members to pay them company shares (or cash equal to the share value) after a set period or when certain conditions are met. They matter to investors because they align directors’ incentives with shareholders—encouraging decisions that boost long‑term value—but can also increase the total shares outstanding when converted, slightly diluting existing ownership.
Amended and Restated 2011 Stock Plan for Non-Employee Directors financial
"Granted under the AMC Global Media Inc. Amended and Restated 2011 Stock Plan for Non-Employee Directors for no consideration."
Class A Common Stock financial
"represents a right to receive the cash equivalent of one share of Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did AMC Global Media Inc. director Matthew Blank report on this Form 4 for AMCX?
Matthew Blank reported receiving a grant of 10,926 director stock units as compensation. These units were issued for no cash consideration under AMC Global Media Inc.’s Amended and Restated 2011 Stock Plan for Non-Employee Directors and are fully vested on the grant date.
How many director stock units did Matthew Blank acquire from AMC Global Media Inc. (AMCX)?
Matthew Blank acquired 10,926 director stock units. Each unit represents the right to receive the cash equivalent of one share of AMC Global Media Inc. Class A Common Stock and is fully vested when granted under the non-employee director stock plan.
Are Matthew Blank’s AMC Global Media Inc. director stock units immediately vested and what are the settlement terms?
Yes, the director stock units are fully vested on the grant date. They will be settled in cash, not stock, on the first business day 90 days after Matthew Blank’s service on AMC Global Media Inc.’s Board of Directors ceases, according to the plan terms.
Did Matthew Blank pay cash for the AMC Global Media Inc. (AMCX) director stock units he received?
No, the director stock units were granted for no consideration. They were awarded under AMC Global Media Inc.’s Amended and Restated 2011 Stock Plan for Non-Employee Directors as part of Matthew Blank’s board compensation, rather than through an open-market purchase.
Do Matthew Blank’s AMCX director stock units represent actual AMC Global Media Inc. shares?
The director stock units do not represent actual shares. Instead, each unit represents a right to receive the cash equivalent of one share of AMC Global Media Inc. Class A Common Stock, payable in cash after Matthew Blank leaves the Board of Directors.