Cineverse (CNVS) officer sells shares outside 10b5-1 plan
Rhea-AI Filing Summary
Cineverse Corp. (CNVS) reported that officer Mark Antonio Huidor, President of Technology and Chief Product Officer, sold 15,000 shares of Class A common stock on August 19, 2026 at a weighted average price of $2.68 per share, with individual trades between $2.64 and $2.70. Following the sale, he directly holds 183,170 shares of Class A common stock, which includes 41,668 shares of restricted stock vesting on April 25, 2027. He also holds equity awards covering additional Class A shares, including 50,000 underlying shares from stock appreciation rights exercisable at $5.80 per share expiring May 16, 2033, and several blocks of restricted stock units totaling 41,668, 51,213, and 121,792 underlying shares with scheduled vesting dates through 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,000 shares
Net Sell
5 txns
Insider
Huidor Mark Antonio
Role
Pres Tech/Chief Product Off
Sold
15,000 shs ($40K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 15,000 | $2.68 | $40K |
| holding | Stock Appreciation Right (Right to Buy) F3 | -- | -- | -- |
| holding | Restricted Stock Unit F4 | -- | -- | -- |
| holding | Restricted Stock Unit F5 | -- | -- | -- |
| holding | Restricted Stock Unit F6 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 183,170 shares (Direct);
Stock Appreciation Right (Right to Buy) — 50,000 shares (Direct);
Restricted Stock Unit — 214,673 shares (Direct)
Footnotes (6)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging between $2.64 and $2.70, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2. Includes 41,668 shares of restricted stock that vest on April 25, 2027.
- F3. Of such stock appreciation rights, 16,666 vested on May 16, 2024, 16,666 vested on May 1, 2025 and 16,668 vested on May 1, 2026.
- F4. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 41,668 vest on April 25, 2027.
- F5. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 25,607 vested on May 1, 2026, 25,607 vest on May 1, 2027 and 25,606 vest on May 1, 2028.
- F6. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 40,597 vest on October 8 of each of 2026 and 2027 and 40,598 vest on October 8, 2028.
Key Figures
Shares sold: 15,000 shares
Weighted average sale price: $2.68 per share
Shares owned after transaction: 183,170 shares
+5 more
8 metrics
Shares sold
15,000 shares
Class A Common Stock sold on August 19, 2026
Weighted average sale price
$2.68 per share
Sale of 15,000 shares, prices between $2.64 and $2.70
Shares owned after transaction
183,170 shares
Direct Class A Common Stock holdings following sale
Restricted stock included in holdings
41,668 shares
Restricted stock vesting on April 25, 2027
Stock Appreciation Right underlying shares
50,000 shares
Class A Common Stock underlying SARs at $5.80 exercise price
SAR exercise price
$5.80 per share
Stock Appreciation Right expiring May 16, 2033
RSU block 1 underlying shares
41,668 shares
Restricted Stock Units vesting April 25, 2027
RSU block 2 underlying shares
51,213 shares
Restricted Stock Units vesting May 1, 2026–2028
Key Terms
Stock Appreciation Right, Restricted Stock Unit, weighted average price
3 terms
Stock Appreciation Right financial
"Of such stock appreciation rights, 16,666 vested on May 16, 2024"
A stock appreciation right (SAR) is a form of employee pay that gives the holder the right to receive the increase in a company's share price over a set reference price, paid in cash or shares, without having to buy stock first. It matters to investors because SARs can create future cash outflows or dilute existing shareholders if settled in stock, and they align employee incentives with share-price performance like a bonus tied to a home's price rise.
Restricted Stock Unit financial
"Each restricted stock unit has a value equal to one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transaction did CNVS disclose for Mark Antonio Huidor?
Cineverse Corp. disclosed that Mark Antonio Huidor sold 15,000 shares of Class A common stock on August 19, 2026 in a sale coded "S" for open market or private transactions.
What restricted stock units (RSUs) in CNVS does Mark Antonio Huidor have?
He holds RSUs convertible into blocks of 41,668, 51,213, and 121,792 CNVS shares. Vesting is scheduled across dates including May 1, 2026–2028, April 25, 2027, and October 8, 2026–2028.
AI-generated analysis. How Rhea-AI works. Not financial advice.
