AMC Networks (AMCX) CEO Kristin Dolan reports RSU vesting and tax-share withholding
Rhea-AI Filing Summary
AMC Networks Inc. Chief Executive Officer Kristin A. Dolan reported the vesting of 99,108 restricted stock units, which were exercised into the same number of shares of Class A Common Stock under the company’s 2016 Employee Stock Plan. To cover tax withholding on this vesting, 35,728 shares of Class A Common Stock were withheld at $8.17 per share, classified as a tax-withholding disposition exempt under Rule 16b-3. Following these transactions, Dolan directly held 267,189 shares of Class A Common Stock, and an additional 1,925 shares were reported as indirectly held for the reporting persons’ minor children, with beneficial ownership of those indirect holdings expressly disclaimed.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 99,108 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 99,108 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 35,728 | $8.17 | $292K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (6)
- 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 February 27, 2024, one-third of the RSUs vested and were settled on February 27, 2025, and one-third of the RSUs vested and were settled on February 27, 2026.
FAQ
What insider transaction did AMCX CEO Kristin Dolan report on this Form 4?
Were the AMC Networks (AMCX) insider transactions open-market buys or sells?
How are Kristin and James Dolan’s AMC Networks (AMCX) holdings characterized in the filing?
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