[Form 4] AMC Networks Inc. Insider Trading Activity

Rhea-AI Filing Summary

CFD 2010 Grandchildren Trust FBO Descendants of Kathleen M. Dolan reported a non-cash repayment transaction on 09/08/2025 in AMC Networks Inc. (AMCX). The trust received 145,522 shares of Class B Common Stock as partial repayment of a promissory note. Class B shares are convertible at the holder's option into Class A Common Stock on a one-for-one basis. For 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 that date. Following the reported transaction the filing shows 520,824 shares beneficially owned in an indirect form. The form is signed by an attorney-in-fact on behalf of the trust on 09/10/2025.

Insights

Financial Analyst

TL;DR: This is a routine conversion/repayment in kind increasing indirect holdings by 145,522 convertible Class B shares.

The report documents a non-cash settlement of a promissory note where the reporting trust received 145,522 Class B shares valued at $7.72 each on the transaction date. Because Class B shares convert one-for-one into Class A shares, this changes the trust's potential voting/economic exposure if conversion is exercised. The filing lists 520,824 shares beneficially owned following the transaction and indicates indirect ownership. No cash consideration, option exercises, or derivative transactions are reported.

Corporate Governance Expert

TL;DR: An insider trust received shares as note repayment; disclosure is standard and shows indirect ownership increase.

The Form 4 provides required Section 16 disclosure for a non-cash repayment transaction, correctly identifying the security class, transaction date, valuation method ($7.72 per share), and resulting beneficial ownership. The signature by an attorney-in-fact is included. The filing does not disclose any change in officer/director status or any plan-based sales, and contains no indicators of unusual governance actions.

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

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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^*

CFD 2010 GRANDCHILDREN TRUST FBO DESCENDANTS OF KATHLEEN M. DOLAN

(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		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)		145,522		(1)	(1)	Class A Common Stock	145,522	(2)	520,824	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.

	CFD 2010 GRANDCHILDREN TRUST FBO DESCENDANTS OF KATHLEEN M. DOLAN 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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