STOCK TITAN

Cineverse (CNVS) CFO awarded 50,000 RSUs vesting through 2029

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

Rhea-AI Filing Summary

McCabe Sean William reported acquisition or exercise transactions in this Form 4 filing.

Cineverse Corp. CFO Sean William McCabe received a grant of 50,000 restricted stock units tied to Class A common stock. Each unit represents one share. According to the vesting schedule, 16,666 RSUs vest on April 20 of 2027 and 2028, and 16,668 vest on April 20, 2029. Following this award, McCabe holds 50,000 derivative units directly.

Positive

  • None.

Negative

  • None.
Insider McCabe Sean William
Role CFO
Type Security Shares Price Value
Grant/Award Restricted Stock Unit 50,000 $0.00 --
Holdings After Transaction: Restricted Stock Unit — 50,000 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 50,000 units Restricted stock units tied to Class A common stock
Vesting tranche 1 16,666 units RSUs vesting on April 20, 2027
Vesting tranche 2 16,666 units RSUs vesting on April 20, 2028
Vesting tranche 3 16,668 units RSUs vesting on April 20, 2029
Exercise price $0.00 per unit Reported conversion or exercise price for RSUs
Holdings after grant 50,000 units Total derivative units following the transaction
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit"; each unit equals 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.
Class A Common Stock financial
"Each restricted stock unit has a value equal to one share of Class A common stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vesting financial
"16,666 vest on April 20 of each of 2027 and 2028 and 16,668 vest on April 20, 2029."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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*
McCabe Sean William

(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)
CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026
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
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
Restricted Stock Unit(1)04/20/2026A50,000 (1) (1)Class A Common Stock50,000$050,000D
Explanation of Responses:
1. Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 16,666 vest on April 20 of each of 2027 and 2028 and 16,668 vest on April 20, 2029.
/s/ Sean McCabe04/22/2026
** 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 did Cineverse (CNVS) CFO report in this Form 4 filing?

Cineverse CFO Sean William McCabe reported receiving a grant of 50,000 restricted stock units. Each RSU corresponds to one share of Class A common stock, reflecting a stock-based compensation award rather than an open-market share purchase or sale.

How many restricted stock units were granted to the Cineverse (CNVS) CFO?

The Cineverse CFO was granted 50,000 restricted stock units. These units represent the right to receive 50,000 shares of Class A common stock over time, subject to a multi-year vesting schedule detailed in the filing’s footnote.

What is the vesting schedule for the Cineverse (CNVS) CFO’s 50,000 RSUs?

The 50,000 RSUs vest in three tranches. 16,666 units vest on April 20, 2027, another 16,666 vest on April 20, 2028, and the remaining 16,668 vest on April 20, 2029, creating a staggered, three-year vesting pattern.

Does the Cineverse (CNVS) CFO pay anything per share for these RSUs?

The reported transaction price per RSU is $0.00, indicating this is a compensation grant rather than a purchase. The RSUs convert into Class A common stock as they vest, according to the schedule set out in the filing.

How many derivative units does the Cineverse (CNVS) CFO hold after this grant?

After the reported grant, the Cineverse CFO directly holds 50,000 derivative units. These units are restricted stock units that, upon vesting, entitle him to receive an equivalent number of shares of Class A common stock from the company.