Cinemark (CNK) executive logs stock grants, tax withholdings and VF Trust transfer
Rhea-AI Filing Summary
Cinemark Holdings, Inc. executive Valmir Fernandes reported multiple equity transactions in common stock. On February 20, 2026, he acquired 89,383 shares as a grant at a reference price of 26.3600 per share and 18,550 restricted shares issued for future services that vest over three years. The same day, several tax-withholding dispositions occurred, with 35,392, 3,909 and 3,229 shares withheld by the issuer to cover tax liabilities upon vesting of earlier awards. On February 21, 2026, an additional 2,115 shares were withheld for taxes and 68,256 shares were transferred for no consideration to the VF Trust, where he remains an indirect beneficial owner. Following these transactions, he directly held 37,515 shares and indirectly held 156,386 shares through the VF Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,115 | $26.49 | $56K |
| Gift | Common Stock | 68,256 | $0.00 | -- |
| Grant/Award | Common Stock | 89,383 | $26.36 | $2.36M |
| Tax Withholding | Common Stock | 35,392 | $26.36 | $933K |
| Tax Withholding | Common Stock | 3,909 | $26.36 | $103K |
| Tax Withholding | Common Stock | 3,229 | $26.36 | $85K |
| Grant/Award | Common Stock | 18,550 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The reported shares are the vesting of performance stock units 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 89,383 performance shares granted 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 9,934 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 8,208 which is a portion of the restricted stock which was 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 the tax liability upon vesting of 2,115 which is a portion of restricted stock which was granted on February 21, 2025. On February 21, 2026, the reporting person transferred 68,256 shares to the VF Trust for no consideration. The reporting person remains a indirect beneficial owner of the securities held by the trust.