Cinemark (CNK) director updates insider holdings via joint account and trust
Rhea-AI Filing Summary
Cinemark Holdings, Inc. disclosed an updated insider ownership report for a director, clarifying how certain shares of common stock are held. The filing shows indirect ownership of 320 shares through a joint account with the director's daughter and 2,000 shares held indirectly through a family trust for which the director serves as trustee. The update explains that the 320 shares were previously omitted and that the 2,000 shares had earlier been reported as a direct holding, but are now correctly shown as an indirect holding through the family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Zoradi Mark
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 320 shares (Indirect, By Joint Account with Daughter);
Common Stock — 2,000 shares (Indirect, By Family Trust)
Footnotes (2)
- F1. These shares of common stock of Cinemark Holdings, Inc. (the "Issuer") were omitted from the reporting person's original Form 3, and also were omitted from all subsequent Forms 4 filed by the reporting person reporting beneficial ownership of securities of the Issuer as of the time of filing of this Form 3 amendment.
- F2. On June 11, 2015, the reporting person filed a Form 3 that incorrectly reported beneficial ownership of 2,000 shares of common stock of the Issuer as a direct holding. As corrected on this Form 3 amendment, such beneficial ownership was through a family trust for which the reporting person serves as a trustee rather than a direct holding. As of the date of the original Form 3, the reporting person beneficially owned 0 shares of the Issuer's common stock directly and beneficially owned 2,000 shares of the Issuer's common stock indirectly through a family trust for which the reporting person is a trustee.
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