STOCK TITAN

Cineverse Corp. (CNVS) executive nets RSU shares after tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cineverse Corp. Pres Tech/Chief Product Officer Mark Antonio Huidor reported routine equity compensation activity. He exercised 41,666 shares of Class A common stock from restricted stock units at $0.00 per share, while 45,703 shares were withheld to cover tax obligations at a value of $2.39 per share. After these transactions, he directly held 186,024 shares of Class A common stock.

He also continues to hold equity awards, including restricted stock units linked to 121,792 and 76,820 underlying Class A shares, and a stock appreciation right over 50,000 shares with a $5.80 exercise price expiring on May 16, 2033. Footnotes describe staggered vesting dates for these awards in 2026–2028.

Positive

  • None.

Negative

  • None.
Insider Huidor Mark Antonio
Role Pres Tech/Chief Product Off
Type Security Shares Price Value
Exercise Restricted Stock Unit 41,666 $0.00 --
Exercise Class A Common Stock 41,666 $0.00 --
Tax Withholding Class A Common Stock 45,703 $2.39 $109K
holding Stock Appreciation Right (Right to Buy) -- -- --
holding Restricted Stock Unit -- -- --
holding Restricted Stock Unit -- -- --
Holdings After Transaction: Restricted Stock Unit — 41,668 shares (Direct, null); Class A Common Stock — 231,727 shares (Direct, null); Stock Appreciation Right (Right to Buy) — 50,000 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 41,666 vested on April 26, 2026 and 41,668 vest on April 25, 2027. Includes 41,666 shares of restricted stock that vested on April 25, 2026 and 41,668 shares of restricted stock that vest on April 25, 2027. Of such stock appreciation rights, 16,666 vested on May 16, 2024, 16,666 vested on May 1, 2025 and 16,668 vest on May 1, 2026. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 25,607 vest on each of May 1 of 2026 and 2027 and 25,606 vest on May 1, 2028. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 40,597 vest on October 8 of each of 2026 and 2027 and 40,598 vest on October 8, 2028.
RSU shares exercised 41,666 shares Class A common stock acquired at $0.00 per share via RSU exercise
Tax-withheld shares 45,703 shares Class A shares disposed at $2.39 per share to cover tax obligations
Direct holdings after transaction 186,024 shares Class A common stock directly owned following Form 4 transactions
Remaining RSU grant 1 121,792 underlying shares Restricted stock units tied to Class A common stock
Remaining RSU grant 2 76,820 underlying shares Additional restricted stock units linked to Class A common stock
Stock appreciation right 50,000 underlying shares SAR on Class A stock at $5.80 exercise price, expiring May 16, 2033
SAR exercise price $5.80 per share Exercise price for 50,000-share stock appreciation right
Restricted Stock Unit financial
"Each restricted stock unit has a value equal to one share of Class A common stock."
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 financial
"Of such stock appreciation rights, 16,666 vested on May 16, 2024, 16,666 vested on May 1, 2025 and 16,668 vest on May 1, 2026."
A stock appreciation right (SAR) is a form of employee pay that gives the holder the right to receive the increase in a company's share price over a set reference price, paid in cash or shares, without having to buy stock first. It matters to investors because SARs can create future cash outflows or dilute existing shareholders if settled in stock, and they align employee incentives with share-price performance like a bonus tied to a home's price rise.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
underlying security shares financial
"underlying_security_shares: "121792.0000""
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*
Huidor Mark Antonio

(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)
Pres Tech/Chief Product Off
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/25/2026
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 Stock04/25/2026M41,666A(1)231,727(2)D
Class A Common Stock04/25/2026F45,703D$2.39186,024(2)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)$5.8 (3)05/16/2033Class A Common Stock50,00050,000D
Restricted Stock Unit(1)04/25/2026M41,666 (1) (1)Class A Common Stock41,666$041,668D
Restricted Stock Unit(4) (4) (4)Class A Common Stock76,82076,820D
Restricted Stock Unit(5) (5) (5)Class A Common Stock121,792121,792D
Explanation of Responses:
1. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 41,666 vested on April 26, 2026 and 41,668 vest on April 25, 2027.
2. Includes 41,666 shares of restricted stock that vested on April 25, 2026 and 41,668 shares of restricted stock that vest on April 25, 2027.
3. Of such stock appreciation rights, 16,666 vested on May 16, 2024, 16,666 vested on May 1, 2025 and 16,668 vest on May 1, 2026.
4. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 25,607 vest on each of May 1 of 2026 and 2027 and 25,606 vest on May 1, 2028.
5. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 40,597 vest on October 8 of each of 2026 and 2027 and 40,598 vest on October 8, 2028.
/s/ Antonio Huidor04/28/2026
** 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)

FAQ

What insider equity transactions did Cineverse (CNVS) officer Mark Antonio Huidor report?

Mark Antonio Huidor exercised 41,666 restricted stock units into Class A common stock at $0.00 per share and had 45,703 shares withheld at $2.39 per share to satisfy tax obligations. Following these compensation-related transactions, he directly held 186,024 Class A shares.

How many Cineverse (CNVS) shares does Mark Antonio Huidor hold after this Form 4?

After the reported transactions, Mark Antonio Huidor directly holds 186,024 shares of Cineverse Class A common stock. This figure reflects the net position after exercising 41,666 RSU-linked shares and a tax-withholding disposition of 45,703 shares used to cover related obligations.

Were any of Mark Antonio Huidor’s Cineverse (CNVS) shares sold on the open market?

The filing shows no open-market sales. Instead, 45,703 Class A shares were disposed of as a tax-withholding transaction coded “F,” meaning shares were withheld to pay exercise price or tax liabilities, rather than sold at the insider’s discretion in the open market.

What derivative awards does Mark Antonio Huidor still hold in Cineverse (CNVS)?

He retains restricted stock units tied to 121,792 and 76,820 underlying Class A shares, plus a stock appreciation right over 50,000 shares with a $5.80 exercise price expiring on May 16, 2033. These awards vest in tranches across various dates through 2028.

How many Cineverse (CNVS) restricted stock units vested for Mark Antonio Huidor on April 25–26, 2026?

Footnotes state that 41,666 restricted stock units vested on April 26, 2026 and 41,668 are scheduled to vest on April 25, 2027. Another note indicates 41,666 vested restricted stock shares on April 25, 2026 and 41,668 additional restricted shares vest on April 25, 2027.