Cinemark counsel sells 107K shares at $35.02
EVP–General Counsel Michael Cavalier reported a Rule 10b5-1 planned disposition of Cinemark shares to the issuer while retaining both indirect and direct holdings.
Rhea-AI Filing Summary
Cinemark Holdings, Inc. (CNK) insider Michael Cavalier, EVP–General Counsel, reported an indirect disposition to the issuer of 107,296 shares of common stock on September 1, 2026 through the Cavalier Revocable Trust at a weighted average sale price of $35.02 per share, under a Rule 10b5-1 trading plan. Following this transaction, the trust held 223,385 shares indirectly and Cavalier also held 42,273 shares directly.
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Insights
Analyzing...
Insider Trade Summary 10b5-1
Disposition: 107,296 shares
Disposition
2 txns
Insider
Cavalier Michael
Role
EVP-General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1 | 107,296 | $35.02 | $3.76M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 223,385 shares (Indirect, Cavalier Revocable Trust);
Common Stock — 42,273 shares (Direct)
Footnotes (1)
- F1. The reported price per share is the weighted average sale price for the shares.
Key Figures
Shares disposed indirectly: 107,296 shares
Weighted average sale price: $35.02 per share
Indirect holdings after transaction: 223,385 shares
+2 more
5 metrics
Shares disposed indirectly
107,296 shares
Disposition to issuer on September 1, 2026 via Cavalier Revocable Trust
Weighted average sale price
$35.02 per share
Price for the 107,296-share disposition on September 1, 2026
Indirect holdings after transaction
223,385 shares
Cavalier Revocable Trust position following the reported disposition
Direct holdings after transaction
42,273 shares
Direct Cinemark common stock held by Michael Cavalier as of September 1, 2026
Transaction date
September 1, 2026
Date of the disposition to issuer and updated holdings
Key Terms
Disposition to issuer, weighted average sale price, Rule 10b5-1 trading plan
3 terms
Disposition to issuer financial
"reported an indirect disposition to the issuer of 107,296 shares"
weighted average sale price financial
"at a weighted average sale price of $35.02 per share"
Rule 10b5-1 trading plan regulatory
"transaction was made 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.
FAQ
What transaction did CNK executive Michael Cavalier report on this Form 4?
Michael Cavalier, EVP–General Counsel of CNK, reported an indirect disposition to the issuer of 107,296 shares of Cinemark common stock on September 1, 2026 through the Cavalier Revocable Trust.
What is the relationship of Michael Cavalier to Cinemark (CNK)?
Michael Cavalier is disclosed as an officer of Cinemark (CNK), serving as EVP–General Counsel, and is the reporting person for the indirect disposition and reported holdings on this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.