Cineverse (CNVS) HR chief buys 25,000 shares and reports equity awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cineverse Corp. Chief People Officer Mark Torres reported an open‑market purchase of 25,000 shares of Class A common stock at $2.0000 per share on February 17, 2026, bringing his directly held common stock to 183,274 shares.
He also reports direct holdings of stock appreciation rights and restricted stock units that vest over time. Footnotes state 66,667 restricted shares vest in tranches on April 25, 2026 and April 25, 2027, and various stock appreciation rights and RSUs vest on specified dates in 2024–2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 25,000 shares ($50,000)
Net Buy
6 txns
Insider
Torres Mark
Role
Chief People Officer
Bought
25,000 shs ($50K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 25,000 | $2.00 | $50K |
| 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 — 183,274 shares (Direct);
Stock Appreciation Right (Right to buy) — 8,334 shares (Direct);
Restricted Stock Unit — 66,667 shares (Direct)
Footnotes (1)
- Includes 66,667 shares of restricted stock that vest as follows: 33,333 vest on April 25, 2026 and 33,334 vest on April 25, 2027. Of such stock appreciation rights, 2,778 vested on February 17 of each of 2022, 2023 and 2024. Of such stock appreciation rights, 4,167 vest on May 16 of each of 2024, 2025 and 2026. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 33,333 vest on April 25, 2026 and 33,334 vest on April 25, 2027. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 25,607 vest on May 1 of each of 2026 and 2027 and 25,606 vest on May 1, 2028. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 22,254 vest on October 8 of each of 2026 and 2027 and 22,255 vest on October 8, 2028.
FAQ
What insider transaction did Cineverse (CNVS) report for Mark Torres?
Cineverse reported that Chief People Officer Mark Torres bought 25,000 Class A common shares at $2.0000 each. This open‑market purchase on February 17, 2026 increased his directly held common stock position to 183,274 shares, according to the Form 4 filing details.
What stock appreciation rights does Mark Torres hold at Cineverse (CNVS)?
Mark Torres holds stock appreciation rights with reported post‑transaction balances of 8,334 and 12,500 rights. Footnotes explain that portions of these rights vested on February 17 of 2022, 2023, and 2024, and additional tranches vest on May 16 of 2024, 2025, and 2026.
What restricted stock and RSUs does Mark Torres have in Cineverse (CNVS)?
Mark Torres has restricted stock and RSUs, each unit equal to one Class A share. Footnotes state 66,667 restricted shares vest in two tranches on April 25, 2026 and April 25, 2027, with additional RSU blocks vesting on May 1 and October 8 across 2026–2028.
When will Mark Torres’s Cineverse (CNVS) equity awards vest?
His equity awards vest over several years. Restricted stock vests on April 25, 2026 and April 25, 2027. Additional RSUs vest on May 1 of 2026, 2027, and 2028, and on October 8 of 2026, 2027, and 2028, according to the detailed footnotes.