Cinemark executive shifts 88,130 CNK shares to family trust
Cinemark Holdings, Inc. reported that an officer, identified as President of Cinemark International, transferred 88,130 shares of Cinemark common stock on April 23, 2025.
Rhea-AI Filing Summary
Cinemark Holdings, Inc. reported that an officer, identified as President of Cinemark International, transferred 88,130 shares of Cinemark common stock on April 23, 2025.
The Form 4 shows the shares moved for $0 consideration from the officer’s direct ownership into a revocable family trust, listed as "VF Trust," where the officer serves as trustee. After the transfer, the officer directly holds 42,483 shares and is disclosed as an indirect beneficial owner of the 88,130 shares held by the trust, meaning economic exposure to those shares continues through the trust structure.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 88,130 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. On April 23, 2025 the reporting person transferrd, for no consideration, 88,130 shares of the common stock of the issuer to a revocable family trust for which this person is a trustee. The reporting person remains an indirect beneficial owner of the securities held by the trust.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Cinemark Holdings (CNK) report in this Form 4?
Cinemark Holdings reported that a company officer transferred 88,130 shares of Cinemark common stock on April 23, 2025 to a revocable family trust.
Who is the reporting person and their role at Cinemark Holdings (CNK)?
The reporting person is an officer of Cinemark Holdings, identified with the title President - Cinemark International, indicating an executive leadership role.
Does the Cinemark (CNK) Form 4 indicate a change in beneficial ownership?
The filing notes that while the 88,130 shares moved into a trust, the officer remains an indirect beneficial owner of the securities held by the trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.