Imax Corp SEC Filings

IMAX Corporation ownership disclosure: GIC Private Limited reports beneficial ownership of 2,866,544 shares of IMAX Common Shares, representing 5.23% of the class based on 54,855,176 shares outstanding as of March 31, 2026. GIC reports sole voting and dispositive power over 2,278,240 shares and shared voting and dispositive power over 588,304 shares. The filing is signed by senior GIC officers.

Westfield Capital Management Company, L.P. reported beneficial ownership of 2,704,872 shares of IMAX Corp, representing 5.01% of the outstanding common stock as of 04/30/2026. The filing shows sole voting power of 2,572,557 shares and sole dispositive power of 2,704,872. Westfield states these shares are owned of record by its clients in its capacity as investment adviser and that, to its knowledge, no single client holds more than 5.0% of the class. The Schedule 13G was signed on 05/05/2026.

IMAX Corporation reported lower Q1 2026 revenue but higher earnings per share for common shareholders. Revenue was $81.4 million, down from $86.7 million a year earlier, as both Content Solutions and Technology Products and Services delivered slightly weaker sales and gross margins.

Income from operations was $10.0 million versus $16.7 million, and net income was $6.1 million compared with $8.2 million. However, net income attributable to common shareholders rose to $4.2 million from $2.3 million, with diluted EPS increasing to $0.07 from $0.04, helped by a smaller share of earnings going to non-controlling interests.

IMAX ended the quarter with $146.0 million of cash and cash equivalents and total assets of $893.2 million. It had $49.0 million drawn on its $375.0 million revolving credit facility and $250.0 million of 0.750% Convertible Senior Notes due 2030 outstanding, resulting in a Senior Secured Net Leverage Ratio of 0.02:1.00, well within covenant limits. Operating cash flow was $4.0 million, down from $7.0 million, reflecting higher working capital outflows and investment in film assets and joint revenue sharing systems.

IMAX Corporation reported mixed first-quarter 2026 results. Revenue declined 6% year-over-year to $81.4 million, with gross margin down to $45.8 million and Total Adjusted EBITDA falling 18% to $30.5 million. GAAP net income decreased 26% to $6.1 million, but net income attributable to common shareholders rose 83% to $4.2 million.

On a per-share basis, diluted EPS increased to $0.07 from $0.04, while adjusted diluted EPS grew 31% to $0.17. Global box office reached $260 million, down 13% due mainly to a tougher comparison in China, although box office outside Greater China grew 67%. IMAX reaffirmed full-year 2026 guidance for $1.4 billion in global box office and highlighted continued network expansion to 1,865 systems, system backlog of 435, and available liquidity of $528 million.

IMAX CORP Chief Executive Officer Richard Gelfond reported an option exercise and related share sale. On April 27, 2026, he converted 8,943 stock options into common shares at $31.40 per share, then sold 8,943 common shares at an average price of $37.3269 per share.

The transactions were executed pursuant to a Rule 10b5-1 plan dated December 9, 2025, and sales under that plan are now complete. Following these transactions, Gelfond holds 765,002 common shares, with remaining outstanding option, restricted share unit and common share balances of 1,332,411 stock options, 231,562 restricted share units and 765,002 common shares, respectively.

IMAX reported insider sales via a Form 144. Director Richard Gelfond reported multiple planned dispositions of Common stock by cashless exercise/same-day sale, including sales of 135,046 shares on 04/10/2026 and 121,220 shares on 03/10/2026. The filings list per-trade proceeds alongside each transaction.

IMAX Corporation is asking shareholders to vote at a virtual Annual General Meeting on June 10, 2026. Items include electing ten directors, appointing PricewaterhouseCoopers as independent auditors, and an advisory say‑on‑pay vote on executive compensation.

The company highlights a record 2025, with global box office of $1.28 billion, revenue of $410.2 million, net income of $45.5 million, and total shareholder return of over 44%. Total Adjusted EBITDA reached $184.9 million, with margins improving, and bonuses and PSUs paid above target under its pay‑for‑performance framework.

As of April 13, 2026, IMAX had 55,015,891 common shares outstanding, each carrying one vote. The Douglas Group is the largest disclosed holder, with about 15.23% of outstanding shares. The Board unanimously recommends voting FOR all three proposals.

IMAX CORP Chief Executive Officer Richard L. Gelfond exercised stock options and sold the resulting shares in pre-planned trades. On April 16–17, 2026, he converted a total of 75,919 stock options into common shares at $31.40 per share and executed open‑market sales of the same 75,919 common shares at roughly $37.05 per share, pursuant to a Rule 10b5‑1 plan dated December 9, 2025.

Following these transactions, Mr. Gelfond directly holds 765,002 common shares, with additional remaining awards of 1,341,354 outstanding stock options and 231,562 restricted share units. The options exercised were originally granted in 2016 and are scheduled to expire on June 7, 2026, so the activity reflects the use of nearing‑expiration options combined with a pre‑scheduled liquidity event.