[Form 4] AMC Networks Inc. Insider Trading Activity

Rhea-AI Filing Summary

Report summary: This Form 4 shows that Kathleen Margaret Dolan, a director and officer of AMC Networks Inc. (AMCX), was involved in a securities transfer on September 8, 2025. A trust for which she serves as trustee received 119,327 shares of Class B common stock as partial repayment of a promissory note; those Class B shares are convertible one-for-one into Class A shares. The filing values the repayment at $7.72 per share, the mean of the high and low trading price for AMC Networks Class A on that date. The report also discloses that trusts for which she is co-trustee hold 5,588,022 Class A shares and that 4,481 Class A shares were disposed of and reported as directly held following the transaction. Ms. Dolan disclaims beneficial ownership of the trust-held securities.

Positive

• A trust for which the Reporting Person is trustee received 119,327 Class B shares as partial repayment of a promissory note, demonstrating conversion-capable equity was acquired without open-market sales.
• The repayment valuation is explicitly provided at $7.72 per share, giving clear pricing transparency for the transaction.

Negative

• The Reporting Person disclaims beneficial ownership of the trust-held securities, which reduces clarity about actual economic control by the director.
• The filing shows a reported disposition of 4,481 Class A shares which may require attention to reconcile with prior holdings.

Insights

Securities Analyst

TL;DR: Director received Class B shares via note repayment; significant trust holdings are disclosed but beneficial ownership is disclaimed.

The filing documents a non-market acquisition mechanism rather than an open-market purchase, with 119,327 Class B shares received by a trust for which Ms. Dolan is trustee as partial repayment of a promissory note. The shares were valued at $7.72 per share for the repayment. Because Class B shares convert on a share-for-share basis into Class A, the transaction increases convertible equity under the trust vehicle. The filing explicitly states that the Reporting Person disclaims beneficial ownership of the trust securities, which limits direct attribution of economic control. For investors, this is a disclosure of ownership structure change, not an operational or earnings event.

Corporate Governance Expert

TL;DR: Transaction is administrative and governance-related; trustee role and disclaimer affect how ownership is attributed.

The key governance element is that the shares were transferred to a trust where Ms. Dolan serves as trustee and co-trustee, and the filing includes a formal disclaimer of beneficial ownership. That disclaimer is important for Section 16 attribution and potential insider reporting obligations. The trust-held position of 5,588,022 Class A shares is disclosed, but the reporting person avoids claiming beneficial ownership. This is a routine Section 16 disclosure reflecting financing repayment and internal ownership structure adjustments rather than a change in corporate control or management intent.

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
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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^*

DOLAN KATHLEEN MARGARET

(Last) (First) (Middle)

C/O RICHARD BACCARI

MLC VENTURES LLC, PO BOX 1014

(Street)

YORKTOWN HEIGHTS NY 10598

(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	X	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
Clas B Common Stock	(1)	09/08/2025		J(2)		119,327		(1)	(1)	Class A Common Stock	119,327	(2)	5,588,022	I(3)	By Trusts
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	4,481		4,481	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, a trust for which the Reporting Person is a trustee 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. Reflects securities held by trusts for which the Reporting Person serves as co-trustee. The Reporting Person disclaims beneficial ownership of all securities of AMC Networks Inc. beneficially owned or deemed to be beneficially owned by the trusts and this filing shall not be deemed to be an admission that she is, for purposes of Section 16 or for any other purpose, the beneficial owner of such securities.

	/s/ Richard Baccari, 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.
* 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 Kathleen Dolan report on Form 4 for AMCX?

The Form 4 reports that on September 8, 2025 a trust for which Kathleen Dolan is trustee received 119,327 Class B shares of AMC Networks as partial repayment of a promissory note, valued at $7.72 per share.

How are the Class B shares treated according to the filing?

The filing states Class B common stock is convertible on a one-for-one basis into Class A common stock, so the 119,327 Class B shares are convertible into the same number of Class A shares.

How many AMC Networks shares are disclosed as held by trusts related to the reporting person?

The filing discloses trusts for which the Reporting Person serves as co-trustee hold 5,588,022 Class A shares.

Did the reporting person claim beneficial ownership of the trust shares?

No. The Reporting Person disclaims beneficial ownership of the securities held by the trusts and states the filing is not an admission of beneficial ownership.

Was there a sale or market purchase reported in this Form 4?

No market purchase is reported; the transaction was a repayment of a promissory note resulting in shares being received by a trust.