Cinemark (NYSE: CNK) CFO sale under 10b5-1 leaves 129K shares
Rhea-AI Filing Summary
Cinemark Holdings, Inc. (CNK) reported that EVP, Chief Financial Officer Thomas Melissa disposed of 38,236 shares of common stock on 2026-08-20 in a disposition to the issuer. The transaction used a weighted average sale price of $37.53 per share, and Melissa now holds 129,076 shares directly. The transaction is affirmed as made under a Rule 10b5-1 trading plan.
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Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 38,236 shares
Net Sell
1 txn
Insider
Thomas Melissa
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1 | 38,236 | $37.53 | $1.43M |
Holdings After Transaction:
Common Stock — 129,076 shares (Direct)
Footnotes (1)
- F1. The reported price per share is the weighted average sale price for the shares.
Key Figures
Shares disposed: 38,236 shares of Common Stock
Weighted average sale price: $37.53 per share
Shares held after transaction: 129,076 shares
3 metrics
Shares disposed
38,236 shares of Common Stock
Disposition to issuer on 2026-08-20
Weighted average sale price
$37.53 per share
Price for the 38,236-share disposition, footnote-qualified as weighted average
Shares held after transaction
129,076 shares
Direct ownership by Thomas Melissa following the reported disposition
Key Terms
Disposition to issuer, weighted average sale price, Rule 10b5-1
3 terms
Disposition to issuer financial
"described as a <b>Disposition to issuer</b> of 38,236 shares"
weighted average sale price financial
"The reported price per share is the <b>weighted average sale price</b>"
Rule 10b5-1 regulatory
"indicating the reported transaction was made pursuant to a <b>Rule 10b5-1</b> plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did CNK report for Thomas Melissa on this Form 4?
Cinemark Holdings, Inc. (CNK) reported that EVP, Chief Financial Officer Thomas Melissa disposed of 38,236 shares of common stock on 2026-08-20 in a disposition to the issuer transaction.
Was the CNK insider transaction by Thomas Melissa under a Rule 10b5-1 plan?
Yes. The filing’s Rule 10b5-1 affirmation box is marked, indicating the reported transaction for Cinemark Holdings, Inc. (CNK) was made pursuant to a pre-established trading plan under Rule 10b5-1.
AI-generated analysis. How Rhea-AI works. Not financial advice.