[Form 4] AMC Networks Inc. Insider Trading Activity

Rhea-AI Filing Summary

James L. Dolan received 145,521 shares of AMC Networks Inc. Class B common stock as partial repayment of a promissory note, with the shares valued at $7.72 per share (the mean of the high and low trading price for Class A common stock on the transaction date). Class B shares are convertible by the holder on a one-for-one basis into Class A common stock.

The filing discloses certain ownership relationships: some securities are held directly by James L. Dolan, certain shares are held by trusts for the benefit of the reporting persons' children (reported as 34,060 shares), and Kristin A. Dolan disclaims beneficial ownership of securities held directly by her spouse. The form is a Section 16 report of insider changes in beneficial ownership.

Positive

• Detailed transaction disclosure: The filing specifies receipt of 145,521 Class B shares and values them at $7.72 per share.
• Conversion clarity: It states Class B shares are convertible on a one-for-one basis into Class A common stock.
• Ownership transparency: Notes disclose direct holdings, trusts holding 34,060 shares for children, and a disclaimer of beneficial ownership where applicable.

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider received 145,521 Class B shares as loan repayment, disclosed with valuation and conversion rights; routine Section 16 filing.

The transaction is reported clearly: 145,521 Class B shares were delivered in partial repayment of a promissory note and were valued at $7.72 per share using the mean trading price of the Class A shares on the transaction date. The filing reiterates that Class B shares convert one-for-one into Class A shares, which is material for share-class voting and economic exposure but is a standard feature of the company’s capital structure. The report also documents direct, indirect and disclaimed ownership relationships, including trusts holding 34,060 shares for beneficiaries and Kristin A. Dolan's disclaimer of beneficial ownership for certain directly held securities by James L. Dolan. Overall, this appears to be a routine insider ownership change rather than an operational or governance event.

Corporate Governance Specialist

TL;DR: Proper Section 16 disclosure of insider repayment and share receipt; ownership and disclaimer language is standard and properly documented.

The filing provides the necessary disclosures for Section 16 purposes: identity of reporting persons, relationship to the issuer, transaction details and explanatory footnotes. It includes explicit disclaimers of beneficial ownership by certain family members and notes shares held in trust for children with a named trustee. The valuation method for the repaid shares is stated, supporting transparency. There are no indications in the filing of changes in control, executive departures, or other governance actions; the document focuses solely on the changes in beneficial ownership arising from the promissory note repayment.

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

DOLAN JAMES LAWRENCE

(Last) (First) (Middle)

KNICKERBOCKER GROUP LLC

PO BOX 420

(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)

X	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)

	Form filed by One Reporting Person
X	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)		145,521		(1)	(1)	Class A Common Stock	145,521	(2)	308,050	D(3)
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	34,060		34,060	I(4)	By trusts

1. Name and Address of Reporting Person^*

DOLAN JAMES LAWRENCE

(Last) (First) (Middle)

KNICKERBOCKER GROUP LLC

PO BOX 420

(Street)

OYSTER BAY NY 11771

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

Dolan Kristin A

(Last) (First) (Middle)

KNICKERBOCKER GROUP LLC

PO BOX 420

(Street)

OYSTER BAY NY 11771

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

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, James L. Dolan 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.

3. Securities held directly by James L. Dolan, Kristin A. Dolan's spouse. Ms. Dolan disclaims beneficial ownership of these securities, and this filing shall not be deemed an admission that Ms. Dolan is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.

4. Securities held directly by trusts for the benefit of the Reporting Persons' children. Kristin A. Dolan, James L. Dolan's spouse, is the trustee of the trusts. The Reporting Persons disclaim beneficial ownership of these securities, and this filing shall not be deemed to be an admission that the Reporting Persons are, for the purposes of Section 16 or for any other purpose, the beneficial owners of such securities.

	/s/ James L. Dolan	09/10/2025
	/s/ Kristin A. Dolan	09/10/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 4 for AMC Networks (AMCX) report?

The Form 4 reports that James L. Dolan received 145,521 Class B shares as partial repayment of a promissory note and the shares were valued at $7.72 per share.

Are AMC Networks Class B shares convertible to Class A shares?

Yes. The filing states that Class B Common Stock is convertible on a share-for-share basis into Class A Common Stock at the option of the holder.

How many shares are held in trusts according to the filing?

The filing discloses 34,060 shares held directly by trusts for the benefit of the reporting persons' children, with Kristin A. Dolan identified as trustee.

Did Kristin A. Dolan claim beneficial ownership of shares held by her spouse?

No. The filing states that Kristin A. Dolan disclaims beneficial ownership of securities held directly by James L. Dolan.

How was the value per share determined for the repayment?

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