Cineverse Loffredo acquires 43,430 shares as grant vests
The officer’s RSU settlement included tax withholding, and three stock appreciation right positions were listed with separate exercise prices and expirations.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Cineverse Corp. officer Gary S. Loffredo (CLO, Secretary and Sr Advisor) had 43,430 restricted stock units vest on October 8, 2026, acquiring 43,430 Class A common shares. He delivered 27,087 shares for the related tax liability at $1.93 per share; no Rule 10b5-1 plan is reported. Direct stock appreciation rights listed include 20,380 underlying shares at $29.40, 60,000 at $12.80 and 40,000 at $5.80, expiring December 10, 2028, December 23, 2030 and May 16, 2033, respectively.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F7 | 43,430 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F7, F1 | 43,430 | -- | -- |
| Tax Withholding | Class A Common Stock F8, F1 | 27,087 | $1.93 | $52K |
| holding | Stock Appreciation Right (Right to buy) F2 | -- | -- | -- |
| holding | Stock Appreciation Right (Right to buy) F3 | -- | -- | -- |
| holding | Stock Appreciation Right (Right to buy) F4 | -- | -- | -- |
| holding | Restricted Stock Unit F5 | -- | -- | -- |
| holding | Restricted Stock Unit F6 | -- | -- | -- |
Footnotes (8)
- F1. Includes 33,334 shares of restricted stock that vest on April 25, 2027.
- F2. One-third of the stock appreciation rights vested on December 10 of each of 2019, 2020 and 2021.
- F3. Of such stock appreciation rights, 25,000 vested on March 31, 2022, 25,000, vested on March 31, 2023 and 10,000 vested on June 30, 2023.
- F4. Of such stock appreciation rights, 13,333 vested on May 16, 2024, 13,333 vested on May 1, 2025 and 13,334 vested on May 1, 2026.
- F5. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 33,334 vest on April 25, 2027.
- F6. 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, 2027 and 25,606 vest on May 1, 2028.
- F7. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 43,430 vested on October 8, 2026, 43,430 vest on October 8, 2027 and 43,429 vest on October 8, 2028.
- F8. Constitutes shares delivered in payment of tax liability upon the settlement of RSUs.
Key Figures
Key Terms
Restricted Stock Unit financial
Stock Appreciation Right (Right to buy) financial
tax liability financial
Rule 10b5-1 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Cineverse (CNVS) officer Gary S. Loffredo report on October 8, 2026?
What other unvested RSUs did Gary S. Loffredo report for CNVS?
AI-generated analysis. How Rhea-AI works. Not financial advice.