AMC Networks (AMCX) CCO reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMC Networks Inc. Chief Commercial Officer Kimberly Kelleher reported the vesting of restricted stock units that converted into 43,688 shares of Class A Common Stock on March 9, 2026. These RSUs were granted under the company’s employee stock plans and vested in scheduled one‑third annual installments.
To cover related tax obligations, 15,748 shares were withheld by AMC Networks at a price of $8.05 per share, a non-market, tax-withholding disposition rather than an open‑market sale. After these compensation and tax events, Kelleher directly holds 45,690 shares of AMC Networks Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
43,688 shares exercised/converted
Mixed
9 txns
Insider
Kelleher Kimberly
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 9,880 | $0.00 | -- |
| Exercise | Restricted Stock Units | 12,870 | $0.00 | -- |
| Exercise | Restricted Stock Units | 20,938 | $0.00 | -- |
| Exercise | AMC Networks Inc. Class A Common Stock | 9,880 | $0.00 | -- |
| Tax Withholding | AMC Networks Inc. Class A Common Stock | 3,561 | $8.05 | $29K |
| Exercise | AMC Networks Inc. Class A Common Stock | 12,870 | $0.00 | -- |
| Tax Withholding | AMC Networks Inc. Class A Common Stock | 4,639 | $8.05 | $37K |
| Exercise | AMC Networks Inc. Class A Common Stock | 20,938 | $0.00 | -- |
| Tax Withholding | AMC Networks Inc. Class A Common Stock | 7,548 | $8.05 | $61K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
AMC Networks Inc. Class A Common Stock — 27,630 shares (Direct)
Footnotes (1)
- Each RSU was granted on April 13, 2023 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. One-third of the RSUs vested and were settled on March 8, 2024 and one-third of the RSUs vested and were settled on March 7, 2025. The remaining one-third of the RSUs vested and settled on March 9, 2026. 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. Each RSU was granted on March 12, 2024 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. 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. The remaining one-third of the RSUs will vest on March 9, 2027. Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 3 above, exempt under Rule 16b-3. Each RSU was granted on March 11, 2025 under the AMC Networks 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. Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 5 above, exempt under Rule 16b-3.
FAQ
What insider transaction did AMC Networks (AMCX) report for Kimberly Kelleher?
AMC Networks reported RSU vesting for Chief Commercial Officer Kimberly Kelleher. On March 9, 2026, restricted stock units converted into 43,688 shares of Class A Common Stock as part of her equity compensation under the company’s employee stock plans.
What are the key RSU grants reported for AMC Networks (AMCX) CCO Kimberly Kelleher?
The Form 4 describes three RSU grants made in 2023, 2024, and 2025. Each grant vests in one‑third annual installments, with portions vesting and settling into Class A Common Stock on March 8, 2024, March 7, 2025, and March 9, 2026, and future tranches scheduled.
How does the AMC Networks (AMCX) Form 4 classify the tax-withholding transactions?
The tax-related share dispositions are coded as “F” transactions. These represent shares withheld by AMC Networks to satisfy tax obligations upon RSU vesting, described as payment of tax liability by delivering securities and exempt under Rule 16b‑3.