STOCK TITAN

Cineverse's Mark Torres acquires 22,254 vested shares

The chief people officer's listed equity awards also include restricted stock units scheduled to vest through 2028.

(Neutral)

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Form Type
4

Rhea-AI Filing Summary

Cineverse Corp. Chief People Officer Mark Torres had 22,254 restricted stock units vest on October 8, 2026, converting into 22,254 Class A common shares. On that date, 10,277 shares were delivered in payment of tax liability upon RSU settlement, at $1.93 per share. Torres's listed stock appreciation rights cover 8,334 underlying shares at a $39.40 exercise price, expiring February 17, 2031, and 12,500 underlying shares at a $5.80 exercise price, expiring May 16, 2033.

Insider Torres Mark
Role Chief People Officer
Type Security Shares Price Value
Exercise Restricted Stock Unit F6 22,254 $0.00 $0.00
Exercise Class A Common Stock F6, F1 22,254 -- --
Tax Withholding Class A Common Stock F7, F1 10,277 $1.93 $20K
holding Stock Appreciation Right (Right to buy) F2 -- -- --
holding Stock Appreciation Right (Right to buy) F3 -- -- --
holding Restricted Stock Unit F4 -- -- --
holding Restricted Stock Unit F5 -- -- --
Holdings After Transaction: Restricted Stock Unit — 129,056 contracts for 84,547 underlying shares (Direct); Class A Common Stock — 203,201 shares (Direct); Stock Appreciation Right (Right to buy) — 20,834 contracts (Direct)
Footnotes (7)
  1. F1. Includes 33,334 shares of restricted stock that vest on April 25, 2027.
  2. F2. Of such stock appreciation rights, 2,778 vested on February 17 of each of 2022, 2023 and 2024.
  3. F3. Of such stock appreciation rights, 4,167 vested on May 16 of each of 2024, 2025 and 2026.
  4. F4. 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.
  5. F5. 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.
  6. F6. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 22,254 vested on October 8, 2026, 22,254 vest on October 8, 2027 and 22,255 vest on October 8, 2028.
  7. F7. Constitutes shares delivered in payment of tax liability upon the settlement of RSUs.
Restricted stock units vested 22,254 shares October 8, 2026
Class A common shares acquired 22,254 shares Upon RSU vesting on October 8, 2026
Shares delivered for tax liability 10,277 shares Upon settlement of RSUs on October 8, 2026
Price per share $1.93 per share Shares delivered for tax liability
Stock appreciation rights 8,334 underlying shares; $39.40 exercise price Expiration February 17, 2031
Stock appreciation rights 12,500 underlying shares; $5.80 exercise price Expiration May 16, 2033
Restricted stock units scheduled to vest 33,334 shares on April 25, 2027; 25,607 shares on May 1, 2027; 25,606 shares on May 1, 2028 Vesting schedule
Restricted Stock Unit financial
"Each restricted stock unit has a value equal to one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Stock Appreciation Right (Right to buy) financial
"Of such stock appreciation rights, 2,778 vested"
tax liability financial
"shares delivered in payment of tax liability"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CNVS shares did Mark Torres acquire and deliver for taxes?

On October 8, 2026, 22,254 restricted stock units vested into 22,254 Class A common shares. Torres also delivered 10,277 shares in payment of tax liability upon RSU settlement, at $1.93 per share.

When do Mark Torres's listed CNVS restricted stock units vest?

The listed RSUs include 33,334 shares vesting April 25, 2027, 25,607 shares vesting May 1, 2027, and 25,606 shares vesting May 1, 2028.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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*
Torres Mark

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

(Street)
NEW YORK NEW YORK 10001

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Cineverse Corp. [ CNVS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief People Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock10/08/2026M22,254A(6)213,478(1)D
Class A Common Stock10/08/2026F10,277(7)D$1.93203,201(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Appreciation Right (Right to buy)$39.4 (2)02/17/2031Class A Common Stock8,3348,334D
Stock Appreciation Right (Right to buy)$5.8 (3)05/16/2033Class A Common Stock12,50012,500D
Restricted Stock Unit(4) (4) (4)Class A Common Stock33,33433,334D
Restricted Stock Unit(5) (5) (5)Class A Common Stock51,21351,213D
Restricted Stock Unit(6)10/08/2026M22,254 (6) (6)Class A Common Stock22,254$044,509D
Explanation of Responses:
1. Includes 33,334 shares of restricted stock that vest on April 25, 2027.
2. Of such stock appreciation rights, 2,778 vested on February 17 of each of 2022, 2023 and 2024.
3. Of such stock appreciation rights, 4,167 vested on May 16 of each of 2024, 2025 and 2026.
4. 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.
5. 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.
6. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 22,254 vested on October 8, 2026, 22,254 vest on October 8, 2027 and 22,255 vest on October 8, 2028.
7. Constitutes shares delivered in payment of tax liability upon the settlement of RSUs.
/s/ Mark Torres10/13/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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