[Form 4] Cineverse Corp. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cineverse Corp. reported that a trust associated with CEO and Chairman Christopher McGurk bought 75,000 shares of Class A common stock at $2.00 per share on February 17, 2026, raising its indirect holdings to 178,526 shares. The filing also details McGurk’s existing stock appreciation rights and restricted stock units that vest in stages through 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 75,000 shares ($150,000)
Net Buy
8 txns
Insider
MCGURK CHRISTOPHER J
Role
CEO and Chairman
Bought
75,000 shs ($150K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 75,000 | $2.00 | $150K |
| 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 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 178,526 shares (Indirect, By Christopher and Jamie McGurk Living Trust);
Stock Appreciation Right (Right to buy) — 35,000 shares (Direct);
Restricted Stock Unit — 100,000 shares (Direct);
Class A Common Stock — 492,519 shares (Direct)
Footnotes (1)
- The reporting person is a trustee of the Christopher and Jamie McGurk Living Trust. One-third of the stock appreciation rights vested on March 31 of each of 2019, 2020 and 2021. 62,500 of the stock appreciation rights vested on November 19, 2020 and 62,500 of the stock appreciation rights vested on March 31, 2023. Of the stock appreciation rights, 41,666 vested on April 1, 2023, 41,666 vested on April 1, 2024 and 41,668 vested on April 1, 2025. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 50,000 vest on April 25 of each of 2025, 2026 and 2027. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 40,000 vest on May 1 of each of 2026, 2027 and 2028. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 87,669 vest on October 8 of each of 2026 and 2027 and 87,668 vest on October 8, 2028. Includes 100,000 shares of restricted stock that vest as follows: 50,000 vest on April 25 of each of 2026 and 2027.
