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.
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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 Trade Summary
| 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 | -- | -- | -- |
Footnotes (7)
- F1. Includes 33,334 shares of restricted stock that vest on April 25, 2027.
- F2. Of such stock appreciation rights, 2,778 vested on February 17 of each of 2022, 2023 and 2024.
- F3. Of such stock appreciation rights, 4,167 vested on May 16 of each of 2024, 2025 and 2026.
- 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.
- 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.
- 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.
- F7. 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
FAQ
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When do Mark Torres's listed CNVS restricted stock units vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.