Cineverse Corp. (CNVS) director reports 32,413-share stock retainer grant
Rhea-AI Filing Summary
Cineverse Corp. reported an insider equity transaction by one of its directors. On 12/08/2025, the director acquired 32,413 shares of Class A common stock at a stated price of $0, as part of the stock portion of the annual board retainer for the service year beginning October 1, 2025.
After this grant, the director beneficially owns 160,906 shares of Cineverse Class A common stock in direct ownership. The granted shares vest in four quarterly installments on December 31, 2025, March 31, 2026, June 30, 2026 and September 30, 2026, provided the director continues to serve on the board on each vesting date.
Positive
- None.
Negative
- None.
FAQ
What insider transaction was reported for Cineverse Corp. (CNVS)?
A director of Cineverse Corp. reported acquiring 32,413 shares of Class A common stock on 12/08/2025 as part of the stock portion of an annual board retainer.
How many CNVS shares does the Cineverse director own after this grant?
Following the reported transaction, the director beneficially owns 160,906 shares of Cineverse Class A common stock, held in direct ownership.
What is the vesting schedule for the 32,413 Cineverse shares granted to the director?
The 32,413 shares vest in quarterly amounts on December 31, 2025, March 31, 2026, June 30, 2026 and September 30, 2026, as long as the individual remains a director on each vesting date.
What is the nature of the Cineverse (CNVS) share grant to the director?
The grant represents the stock portion of the annual retainer for the director’s board service year commencing October 1, 2025, rather than an open-market purchase.
Did the Cineverse director pay cash for the 32,413 CNVS shares?
The filing shows a transaction price of $0 per share for the 32,413 shares, indicating they were granted as compensation rather than bought for cash.
Is the reported Cineverse (CNVS) transaction held directly or indirectly?
The filing states that the 160,906 shares beneficially owned after the transaction are held in direct ownership by the reporting director.