AMC Networks EVP exercises RSUs, pays tax in shares
AMC Networks Inc. executive vice president and general counsel Salvatore Romanello exercised restricted stock units that vested as part of his equity compensation.
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Rhea-AI Filing Summary
AMC Networks Inc. executive vice president and general counsel Salvatore Romanello exercised restricted stock units that vested as part of his equity compensation. On March 9, 2026 he acquired 16,750 shares of Class A common stock upon RSU vesting under the company’s employee stock plan.
To cover tax withholding obligations from this vesting, 6,246 shares were withheld at a value of $8.05 per share, rather than sold in the open market. After these transactions, Romanello directly holds 37,693 shares of AMC Networks Inc. Class A common stock. The remaining two-thirds of the original RSU grant are scheduled to vest in equal parts on March 9, 2027 and March 9, 2028.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 16,750 | $0.00 | $0.00 |
| Exercise | AMC Networks Inc. Class A Common Stock | 16,750 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | AMC Networks Inc. Class A Common Stock | 6,246 | $8.05 | $50K |
Footnotes (2)
- F1. Each RSU was granted on March 11, 2025 under the AMC Networks Inc. A&R 2016 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on March 9, 2026. The remaining RSUs will vest as follows: one-third on March 9, 2027 and one-third on March 9, 2028.
- F2. Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 1 above, exempt under Rule 16b-3.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AMC Networks (AMCX) disclose for Salvatore Romanello?
What are the vesting terms of Romanello’s AMC Networks restricted stock units?
Does Romanello’s AMC Networks Form 4 indicate remaining unvested RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.