Cineverse (NASDAQ: CNVS) CSO adds 30,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cineverse Corp. executive Erick Opeka, the CSO and President, purchased 30,000 shares of Class A common stock in an open-market transaction at $2.00 per share. This buy on February 17, 2026 increased his directly owned common stock to 224,146 shares.
He also holds multiple grants of stock appreciation rights and restricted stock units, with footnotes showing scheduled vesting of rights and RSUs between 2026 and 2028, including tranches vesting on April 25 and May 1 in various years.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 30,000 shares ($60,000)
Net Buy
7 txns
Insider
OPEKA ERICK
Role
CSO and President
Bought
30,000 shs ($60K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 30,000 | $2.00 | $60K |
| holding | Stock Appreciation Right (Right to buy) | -- | -- | -- |
| holding | Stock Appreciation Right (Right to buy) | -- | -- | -- |
| holding | Stock Appreciation Right (Right to buy) | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 224,146 shares (Direct);
Stock Appreciation Right (Right to buy) — 17,750 shares (Direct);
Restricted Stock Unit — 91,667 shares (Direct)
Footnotes (1)
- Includes 91,667 shares of restricted stock that vest as follows: 45,833 vest on April 25, 2026 and 45,834 vest on April 25, 2027. One-third of the stock appreciation rights vested on March 31 of each of 2019, 2020 and 2021. Of such stock appreciation rights, 25,000 vested on March 31, 2022, 25,000 vested on March 31, 2023 and 10,000 vested on December 31, 2023. Of such stock appreciation rights, 25,000 vest on May 16, 2024, 25,000 vest on May 1, 2025 and 25,000 vest on May 1, 2026. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 45,833 vest on April 25 of 2026 and 45,834 vest on April 25, 2027. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 31,517 vest on May 1 of each of 2026 and 2027 and 31,516 vest on May 1, 2028. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 48,049 vest on October 8 of each of 2026, 2027 and 2028.
FAQ
What insider transaction did Cineverse (CNVS) report for Erick Opeka?
Erick Opeka bought 30,000 Cineverse Class A shares at $2.00 each in an open-market trade on February 17, 2026. This insider purchase increased his directly held common stock position to 224,146 shares following the transaction.
What stock appreciation rights does Erick Opeka hold at Cineverse (CNVS)?
He holds several stock appreciation right grants, with reported post-transaction balances of 17,750, 60,000, and 75,000 rights. Footnotes explain that portions vested on March 31 in prior years and additional tranches vest on dates including May 16, 2024, May 1, 2025, and May 1, 2026.
What restricted stock or RSUs tied to Cineverse (CNVS) does Erick Opeka have?
The filing shows restricted stock and RSU holdings, including 91,667 shares of restricted stock and RSU totals of 94,550 and 144,147 units. Footnotes state each RSU equals one Class A share, with vesting installments scheduled from April 25, 2026 through October 8, 2028.