[Form 4] Cineverse Corp. Insider Trading Activity
Rhea-AI Filing Summary
Cineverse Corp. CFO Mark Lindsey reported compensation-related equity activity involving Class A common stock and equity awards. He exercised 33,333 restricted stock units, receiving the equivalent number of Class A shares at a conversion price of $0.00 per share. To cover tax obligations, 33,530 shares of Class A common stock were disposed of at $2.39 per share through a tax-withholding arrangement rather than an open-market sale, leaving 153,971 shares of Class A common stock held directly. He also continues to hold unexercised awards, including restricted stock units tied to 70,809 and 71,699 underlying Class A shares, plus 20,000 stock appreciation rights with an exercise price of $11.95 per share expiring in 2032. Footnotes indicate these RSUs and stock appreciation rights vest over multiple future dates in 2026–2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 33,333 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 33,333 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 33,530 | $2.39 | $80K |
| holding | Stock Appreciation Right (Right to buy) | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
Footnotes (5)
- F1. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 33,333 vested on April 25 of 2026 and 33,334 vest on April 25, 2027.
- F2. Includes 33,333 shares of restricted stock that vested on April 25, 2026 and 33,334 shares of restricted stock that vest on April 25, 2027.
- F3. Of such stock appreciation rights, 6,667 vested on November 14, 2023, 6,667 vested on November 14, 2024 and 6,666 vested on November 14, 2025.
- F4. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 23,900 vest on September 23 of each of 2026 and 2027 and 23,899 vest on September 23, 2028.
- F5. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 23,603 vest on October 8 of each of 2026, 2027 and 2028.
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