Director Zoradi trust sells 150K Cinemark (NYSE: CNK) shares under 10b5-1
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cinemark Holdings, Inc. director Mark Zoradi reported an indirect open-market sale of 150,000 shares of common stock at $29.52 per share through the Mark & Cathy Zoradi 96 Rev Trust. After this transaction, the trust continues to hold 286,608 Cinemark shares indirectly. The sale was executed automatically under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 150,000 shares ($4,428,000)
Net Sell
1 txn
Insider
Zoradi Mark
Role
null
Sold
150,000 shs ($4.43M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 150,000 | $29.52 | $4.43M |
Holdings After Transaction:
Common Stock — 286,608 shares (Indirect, Mark & Cathy Zoradi 96 Rev Trust)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 150,000 shares
Sale price: $29.52 per share
Shares held after sale: 286,608 shares
3 metrics
Shares sold
150,000 shares
Open-market sale of Cinemark common stock
Sale price
$29.52 per share
Price for the 150,000-share open-market sale
Shares held after sale
286,608 shares
Indirect holdings following the reported transaction
Key Terms
Rule 10b5-1 trading plan, open-market sale, indirect ownership, Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"The sale reported on this Form 4 occurred automatically pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: open-market sale of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"direct_or_indirect: I, ownership_type: indirect via Mark & Cathy Zoradi 96 Rev Trust"
Common Stock financial
"security_title: Common Stock for the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Cinemark Holdings (CNK) disclose on this Form 4?
Cinemark disclosed that a trust associated with director Mark Zoradi sold 150,000 shares of common stock in an open-market transaction at $29.52 per share, and continued to hold 286,608 shares indirectly after the sale.
How large was the Cinemark (CNK) insider sale and at what price?
The trust associated with director Mark Zoradi sold 150,000 shares of Cinemark common stock at a price of $29.52 per share. This was an open-market transaction reported as a sale in the Form 4 filing for the company.
Was the Cinemark (CNK) insider sale made under a Rule 10b5-1 trading plan?
Yes. A footnote explains that the 150,000-share sale occurred automatically under a Rule 10b5-1 trading plan adopted by the reporting person on November 20, 2025, indicating the transaction was pre-arranged rather than opportunistic.
Is the Cinemark (CNK) Form 4 transaction classified as direct or indirect ownership?
The transaction is reported as indirect ownership, with the nature of ownership described as the Mark & Cathy Zoradi 96 Rev Trust. This means the reported shares are held through the trust, not directly in the director’s personal name.