Cinemark (CNK) CMO logs major equity grants and tax share withholdings
Rhea-AI Filing Summary
Cinemark Holdings, Inc. Chief Marketing & Content Officer Wanda Marie Gierhart reported a mix of equity awards and tax-related share withholdings in common stock. On February 20, 2026, she acquired 83,219 shares from performance awards that vested at maximum and an additional 16,621 restricted shares issued in consideration for future services that vest ratably over three years.
On the same date, the company withheld several blocks of shares, including 36,307, 4,009, 18,557, and 3,221 shares, to cover tax liabilities upon vesting of restricted stock previously granted. On February 21, 2026, a further 2,118 shares were withheld for tax on a 2025 grant. After these non-open-market tax-withholding dispositions, she continued to hold over one hundred thousand shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,118 | $26.49 | $56K |
| Grant/Award | Common Stock | 83,219 | $26.36 | $2.19M |
| Tax Withholding | Common Stock | 36,307 | $26.36 | $957K |
| Tax Withholding | Common Stock | 4,009 | $26.36 | $106K |
| Tax Withholding | Common Stock | 18,557 | $26.36 | $489K |
| Tax Withholding | Common Stock | 3,221 | $26.36 | $85K |
| Grant/Award | Common Stock | 16,621 | $0.00 | -- |
Footnotes (1)
- The reported shares are the vest of performance shares issued in February 2023 at maximum. The reported shares were withheld by the issuer as payment by the reporting person for the tax liability upon vesting of 83,219 shares issued on February 20, 2023 referred to in footnote 1. The reported shares were withheld by the issuer as payment by the reporting person for the tax liability upon vesting of 9,249 shares of restricted stock which is a portion of the restricted stock granted on February 20, 2023. The reported shares were withheld by the issuer as payment by the reporting person for the tax liability upon vesting of 42,808 shares of restricted stock which is a portion of the restricted stock granted on February 20, 2023. The reported shares were withheld by the issuer as payment by the reporting person for the tax liability upon vesting of 7,431 shares of restricted stock which is a portion of the restricted stock granted on February 20, 2024. Restricted shares were issued in consideration for future services and vest ratably over a 3-year period. The reported shares were withheld by the issuer as payment by the reporting person for tax liability upon vesting of 4887 shares of restricted stock which is a portion of the restricted stock granted in February 21, 2025.