AMC Networks Insider Report: 26,194 Class B Shares Issued in Loan Repayment

Rhea-AI Filing Summary

Charles F. Dolan 2009 Family Trust FBO Deborah A. Dolan-Sweeney received 26,194 shares of AMC Networks Inc. Class B common stock on 09/08/2025 as partial repayment of a promissory note. The Class B shares are convertible on a one-for-one basis into Class A common stock, and for the repayment were valued at $7.72 per share (the mean of the high and low trading price for Class A on 09/08/2025). After the transaction the reporting person beneficially owned 96,371 shares of Class A common stock equivalent. The transaction was reported on a Form 4 and executed under transaction code J indicating a non-market disposition related to debt repayment.

Positive

• Increase in beneficial ownership: Reporting person received 26,194 Class B shares, raising beneficial ownership to 96,371 shares (Class A equivalent).
• Transparent valuation: Shares were valued at $7.72 per share based on the mean trading price used for the repayment calculation.

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider received convertible Class B shares as loan repayment, increasing beneficial ownership by 26,194 shares; valued at $7.72 each.

The filing documents a non-market transaction where the reporting trust received 26,194 Class B shares in partial repayment of a promissory note. Class B shares convert one-for-one into Class A, so the effective economic position rises by that amount. The shares were valued at $7.72 per share for the repayment calculation, consistent with the stated market midpoint on the transaction date. This is a straightforward ownership change rather than an open-market purchase or sale and does not disclose any sale or transfer that would reduce holdings.

Corporate Governance Expert

TL;DR: Transaction reflects debt settlement via equity; increases insider-aligned stake without market trading.

The Form 4 shows the reporting person received equity as partial satisfaction of a promissory note, recorded under transaction code J. Because the Class B shares are convertible into Class A on a share-for-share basis, the filing clarifies both the form of consideration and the post-transaction beneficial ownership of 96,371 shares (Class A equivalent). The disclosure is routine for insider reporting and provides necessary transparency about the source and valuation of newly acquired shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

CHARLES F. DOLAN 2009 FAMILY TRUST FBO DEBORAH A. DOLAN-SWEENEY

(Last) (First) (Middle)

PO BOX 509

(Street)

OYSTER BAY NY 11771

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AMC Networks Inc. [ AMCX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Member of 13(d) Group

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Common Stock	(1)	09/08/2025		J(2)		26,194		(1)	(1)	Class A Common Stock	26,194	(2)	96,371	D

Explanation of Responses:

1. AMC Networks Inc. Class B Common Stock ("Class B Common Stock") is convertible at the option of the holder on a share for share basis into AMC Networks Inc. Class A Common Stock ("Class A Common Stock").

2. On September 8, 2025, the Reporting Person received the shares of Class B Common Stock in partial repayment of a promissory note. For purposes of the repayment, the shares were valued at $7.72 per share, the mean of the high and low trading price for the Class A Common Stock on September 8, 2025.

	CHARLES F. DOLAN 2009 FAMILY TRUST FBO DEBORAH A. DOLAN-SWEENEY By: /s/ Brian G. Sweeney, Attorney-in-fact	09/10/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What transaction did the Charles F. Dolan 2009 Family Trust report on Form 4 for AMCX?

The trust reported receiving 26,194 Class B shares of AMC Networks as partial repayment of a promissory note on 09/08/2025 (transaction code J).

How were the Class B shares valued for the repayment?

The shares were valued at $7.72 per share, the mean of the high and low trading price for AMC Networks Class A on the transaction date.

Are AMC Networks Class B shares convertible?

Yes. The filing states AMC Networks Class B common stock is convertible at the option of the holder on a share-for-share basis into Class A common stock.

What is the reporting person’s beneficial ownership after the transaction?

Following the transaction the reporting person beneficially owned 96,371 shares of Class A common stock equivalent.

What does transaction code J indicate on Form 4?

In this filing transaction code J is used to indicate the transaction was a non-market disposition related to debt repayment, as described in the form.