STOCK TITAN

Cineverse (NASDAQ: CNVS) CSO adds 30,000 shares in open-market buy

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
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 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)
  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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
OPEKA ERICK

(Last) (First) (Middle)
C/O CINEVERSE CORP.
224 W. 35TH STREET, SUITE 500, #947

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Cineverse Corp. [ CNVS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CSO and President
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 02/17/2026 P 30,000 A $2 224,146(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Appreciation Right (Right to buy) $23.2 (2) 09/28/2028 Class A Common Stock 17,750 17,750 D
Stock Appreciation Right (Right to buy) $12.8 (3) 12/23/2030 Class A Common Stock 60,000 60,000 D
Stock Appreciation Right (Right to buy) $5.8 (4) 05/16/2033 Class A Common Stock 75,000 75,000 D
Restricted Stock Unit (5) (5) (5) Class A Common Stock 91,667 91,667 D
Restricted Stock Unit (6) (6) (6) Class A Common Stock 94,550 94,550 D
Restricted Stock Unit (7) (7) (7) Class A Common Stock 144,147 144,147 D
Explanation of Responses:
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.
2. One-third of the stock appreciation rights vested on March 31 of each of 2019, 2020 and 2021.
3. 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.
4. 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.
5. 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.
6. 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.
7. 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.
/s/ Erick Opeka 02/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

At what price did Erick Opeka buy Cineverse (CNVS) shares and how many?

He acquired 30,000 Class A common shares at a price of $2.00 per share on February 17, 2026. The transaction was reported as an open-market purchase, categorized under the Form 4 transaction code for a purchase.

How many Cineverse (CNVS) shares does Erick Opeka own after the reported trade?

After the February 17, 2026 purchase, Erick Opeka directly owns 224,146 shares of Cineverse Class A common stock. This figure reflects his holdings immediately following the 30,000-share open-market acquisition disclosed in the Form 4 filing.

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.

When do Erick Opeka’s Cineverse (CNVS) restricted shares and RSUs vest?

Footnotes state 45,833 restricted shares vest on April 25, 2026 and 45,834 on April 25, 2027. Additional RSU tranches vest on April 25, 2026 and 2027, May 1 of 2026–2028, and October 8 of 2026, 2027, and 2028.