Cinemark (NYSE: CNK) CMO returns 23,456 shares to company under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cinemark Holdings, Inc. Chief Marketing & Content Officer Wanda Marie Gierhart disposed of 23,456 shares of common stock on June 10, 2026 in a transaction coded as a disposition to the issuer at $33.00 per share. The transaction was executed automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 20, 2026. Following this transaction, she directly holds 67,532 shares of Cinemark common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
1 transaction reported
Mixed
1 txn
Insider
Gierhart Wanda Marie
Role
Chief Marketing & Content Ofc
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 23,456 | $33.00 | $774K |
Holdings After Transaction:
Common Stock — 67,532 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares disposed: 23,456 shares
Price per share: $33.00/share
Transaction value: $774,048
+2 more
5 metrics
Shares disposed
23,456 shares
Disposition to issuer on June 10, 2026
Price per share
$33.00/share
Consideration for the issuer disposition
Transaction value
$774,048
23,456 shares at $33.00 each
Shares held after
67,532 shares
Direct holdings following the transaction
Transaction code
D
Disposition to issuer (non-derivative common stock)
Key Terms
Rule 10b5-1 trading plan, Disposition to issuer, Common Stock, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
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.
Disposition to issuer regulatory
"transaction_code_description": "Disposition to issuer""
Common Stock financial
""security_title": "Common Stock""
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.
Form 4 regulatory
"The sale reported on this Form 4 occurred automatically"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did CNK executive Wanda Gierhart report on this Form 4?
Wanda Marie Gierhart reported a disposition of 23,456 shares of Cinemark Holdings common stock. The shares were returned to the issuer at a price of $33.00 per share, reflecting an internal transaction rather than an open-market trade.
Does this CNK Form 4 indicate an open-market sale by Wanda Gierhart?
No, the Form 4 identifies the transaction as a disposition to the issuer rather than an open-market sale. This suggests the shares were returned to Cinemark directly, which differs from selling shares on public stock exchanges.