Cinemark (CNK) director Chereskin receives 5,439-share restricted stock award
Rhea-AI Filing Summary
CHERESKIN BENJAMIN D reported acquisition or exercise transactions in this Form 4 filing.
Cinemark Holdings, Inc. director Benjamin D. Chereskin received an annual award of 5,439 shares of restricted common stock on June 15, 2026 under the director compensation policy, at a stated price of $0.0000 per share with par value of $0.001 per share. Following this award, he holds 108,148 shares directly, plus 3,568 shares held indirectly through LEGATUM Partners, L.P., where he is the beneficial owner, and 9,736 shares held indirectly in a grantor trust for which his spouse is a trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,439 shares
Net Buy
3 txns
Insider
CHERESKIN BENJAMIN D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 5,439 | $0.00 | $0.00 |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 108,148 shares (Direct);
Common Stock — 3,568 shares (Indirect, By limited partnership);
Common Stock — 9,736 shares (Indirect, By trust)
Footnotes (3)
- F1. Annual award of restricted stock pursuant to the director compensation policy. Par value is $0.001 per share.
- F2. These shares are held by LEGATUM Partners, L.P., of which shares Mr. Chereskin is the beneficial owner.
- F3. These shares are held in a grantor trust. Mr. Chereskin's spouse is a trustee of the trust.
Key Figures
Restricted stock award: 5,439 shares
Direct holdings after award: 108,148 shares
Indirect partnership holdings: 3,568 shares
+3 more
6 metrics
Restricted stock award
5,439 shares
Annual award of restricted stock to director on June 15, 2026
Direct holdings after award
108,148 shares
Common stock directly held by Benjamin D. Chereskin after transaction
Indirect partnership holdings
3,568 shares
Shares held by LEGATUM Partners, L.P., beneficially owned by Chereskin
Indirect trust holdings
9,736 shares
Shares held in a grantor trust where Chereskin's spouse is a trustee
Par value per share
$0.001 per share
Par value of Cinemark common stock for the restricted stock award
Stated transaction price
$0.0000 per share
Price per share for the restricted stock grant as reported
Key Terms
restricted stock, director compensation policy, beneficial owner, grantor trust
4 terms
restricted stock financial
"Annual award of restricted stock pursuant to the director compensation policy."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
director compensation policy financial
"Annual award of restricted stock pursuant to the director compensation policy."
beneficial owner financial
"of which shares Mr. Chereskin is the beneficial owner."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
grantor trust financial
"These shares are held in a grantor trust."
A grantor trust is a legal arrangement where the person who puts assets into the trust keeps enough control or rights that, for tax and legal purposes, those assets are treated as still belonging to that person. For investors, that matters because income, gains and losses generated by the trust typically flow through to the grantor (or directly to investors) for tax reporting and distributions, affecting after-tax returns and cash flow predictability — think of it like a mailbox that forwards all the mail back to the sender rather than holding it inside.
FAQ
What insider transaction did CNK director Benjamin Chereskin report on June 15, 2026?
Benjamin D. Chereskin reported an annual award of 5,439 shares of restricted Cinemark common stock on June 15, 2026, granted under the director compensation policy at a stated price of $0.0000 per share with par value of $0.001 per share.
What indirect Cinemark (CNK) holdings are reported for Benjamin Chereskin?
The filing reports 3,568 shares held indirectly through LEGATUM Partners, L.P., where Benjamin D. Chereskin is the beneficial owner, and 9,736 shares held indirectly in a grantor trust for which his spouse serves as a trustee.
Was the CNK insider award to Benjamin Chereskin a market purchase or a grant?
The transaction is a grant of restricted stock, not a market purchase. It is described as an annual award of restricted stock under the director compensation policy, with a transaction code of A, indicating a grant, award, or other acquisition.
Does this Cinemark (CNK) Form 4 involve any stock sales by Benjamin Chereskin?
No stock sales are reported. The Form 4 shows only an acquisition of 5,439 restricted shares as an annual director award, along with updated direct and indirect holdings, and does not list any sale or disposition transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
