Kristin Dolan of AMC Networks (AMCX) settles RSUs, withholds shares for taxes
Rhea-AI Filing Summary
AMC Networks Inc. Chief Executive Officer Kristin A. Dolan reported routine equity compensation activity involving restricted stock units that settled into Class A Common Stock. She exercised RSU-derived rights for a total of 197,637 shares, granted at a conversion price of $0.00 per share under the company’s 2016 Employee Stock Plan.
To cover related tax obligations, 100,892 Class A shares were withheld at a price of $8.05 per share, characterized as tax-withholding dispositions rather than market sales. After these transactions, Dolan directly holds 363,934 Class A shares. An additional 1,925 shares are held indirectly for the reporting persons’ minor children, with beneficial ownership specifically disclaimed in the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 37,049 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 61,133 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 99,455 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 37,049 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 18,913 | $8.05 | $152K |
| Exercise | Class A Common Stock | 61,133 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 31,208 | $8.05 | $251K |
| Exercise | Class A Common Stock | 99,455 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 50,771 | $8.05 | $409K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (8)
- F1. Each restricted stock unit ("RSU") was granted under the AMC Networks Inc. 2016 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.
- F2. Includes shares held jointly with spouse.
- F3. Securities held directly by Kristin A. Dolan, James L. Dolan's spouse, or jointly by Kristin A. Dolan and James L. Dolan. Mr. Dolan disclaims beneficial ownership of these securities beneficially owned or deemed to be beneficially owned by Mrs. Dolan (other than securities held jointly with his spouse), and this report shall not be deemed to be an admission that Mr. Dolan is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
- F4. Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs, exempt under Rule 16b-3.
- F5. Securities held by Kristin A. Dolan's husband, James L. Dolan, as custodian for the Reporting Persons' minor children. Reporting Persons disclaim beneficial ownership of all securities beneficially owned and deemed to be beneficially owned by their minor children and this report shall not be deemed an admission that Reporting Persons are, for the purposes of Section 16 or for any other purpose, the beneficial owners of such securities.
- F6. One-third of the RSUs vested and were settled on March 9, 2024, one-third of the RSUs vested and were settled on March 7, 2025, and one-third of the RSUs vested and were settled on March 9, 2026.
- F7. One-third of the RSUs vested and were settled on March 7, 2025, one-third of the RSUs vested and were settled on March 9, 2026, and one-third of the RSUs will vest on March 9, 2027.
- F8. One-third of the RSUs vested and were settled on March 9, 2026, one-third of the RSUs will vest on March 9, 2027, and one-third of the RSUs will vest on March 9, 2028.
FAQ
What insider transactions did AMC Networks (AMCX) report for Kristin A. Dolan?
Were any of Kristin Dolan’s AMC Networks transactions open-market buys or sells?
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