Cinemark (NYSE: CNK) CFO Thomas Melissa completes 7,944-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cinemark Holdings, Inc.'s EVP and Chief Financial Officer, Thomas Melissa, sold 7,944 shares of common stock on February 4, 2026 at a weighted average price of $26.05 per share. The transaction was executed automatically under a pre-arranged Rule 10b5-1 trading plan adopted on September 10, 2025.
Following this planned sale, Thomas Melissa beneficially owns 159,416 shares of Cinemark common stock, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,944 shares ($206,941)
Net Sell
1 txn
Insider
Thomas Melissa
Role
EVP, Chief Financial Officer
Sold
7,944 shs ($207K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,944 | $26.05 | $207K |
Holdings After Transaction:
Common Stock — 159,416 shares (Direct)
Footnotes (1)
- The sale reported on this Form 4 occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 10, 2025. The reported price per share is the weighted average sale price for the shares.
FAQ
What insider transaction did Cinemark (CNK) report for Thomas Melissa?
Cinemark reported that EVP and Chief Financial Officer Thomas Melissa sold 7,944 shares of common stock. The sale occurred on February 4, 2026 at a weighted average price of $26.05 per share under a pre-arranged Rule 10b5-1 trading plan.
When was the trading plan for Thomas Melissa’s Cinemark (CNK) sale adopted?
The Rule 10b5-1 trading plan governing Thomas Melissa’s sale was adopted on September 10, 2025. The February 4, 2026 transaction occurred automatically under this pre-arranged plan, as disclosed in the Form 4 footnotes for the insider trade.
What does the Rule 10b5-1 plan mean for this Cinemark (CNK) insider sale?
The filing states the sale occurred automatically under a Rule 10b5-1 trading plan adopted on September 10, 2025. Such plans pre-schedule trades, allowing insiders to sell shares pursuant to predetermined instructions rather than based on current market information.
Is the Cinemark (CNK) insider sale by Thomas Melissa a direct holding transaction?
Yes. The Form 4 identifies the ownership form as direct for both the sold and remaining shares. After selling 7,944 shares, Thomas Melissa directly holds 159,416 Cinemark common shares, with no indirect ownership entity noted in the filing’s ownership fields.