IMAX (NYSE: IMAX) insider sells large blocks; 97,462 shares registered for resale
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
IMAX files a Rule 144 notice to sell 97,462 shares of common stock, acquired on 06/07/2016 as compensation (cashless exercise/same-day sale). The filing lists recent open-market dispositions by Richard Gelfond, including sales of 121,220 shares on 03/10/2026 and 135,046 shares on 04/10/2026.
Positive
- None.
Negative
- None.
Insights
Routine resale under Rule 144; multiple large dispositions reported.
The filing reports a proposed resale of 97,462 shares acquired via a 2016 compensation event and lists several recent sales by Richard Gelfond totaling multiple six‑figure share transactions.
These are disclosure of planned/resumed sales rather than new corporate actions; timing and proceeds are tied to individual dispositions shown in the filing.
Key Figures
Registered shares: 97,462 shares
Sale — 03/10/2026: 121,220 shares
Proceeds — 03/10/2026: $4,860,837.15
+5 more
8 metrics
Registered shares
97,462 shares
Securities to be sold; acquired 06/07/2016
Sale — 03/10/2026
121,220 shares
Reported sale by Richard Gelfond on 03/10/2026
Proceeds — 03/10/2026
$4,860,837.15
Proceeds reported for 121,220 shares sold on 03/10/2026
Sale — 04/10/2026
135,046 shares
Reported sale by Richard Gelfond on 04/10/2026
Proceeds — 04/10/2026
$5,106,872.53
Proceeds reported for 135,046 shares sold on 04/10/2026
Sale — 04/02/2026
12,037 shares
Reported sale by Richard Gelfond on 04/02/2026
Proceeds — 04/02/2026
$481,520.93
Proceeds reported for 12,037 shares sold on 04/02/2026
Sale — 04/06/2026
12,987 shares
Reported sale by Richard Gelfond on 04/06/2026
Key Terms
Rule 144, cashless exercise / same-day sale, Stock Options
3 terms
Rule 144 regulatory
"144: Securities To Be Sold"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
cashless exercise / same-day sale financial
"Compensation -- Cashless exercise / same-day sale"
Stock Options financial
"Acquired as compensation -- Stock Options"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
FAQ
What does IMAX's Form 144 disclose about planned sales?
It discloses a proposed resale of 97,462 shares acquired 06/07/2016, marked as a cashless exercise/same-day sale. The form also lists several recent open‑market dispositions by Richard Gelfond with dates and share counts.
Who is the selling party in the IMAX Form 144?
The filing identifies Richard Gelfond as the selling party for the recent transactions. His recent sales listed include 121,220 and 135,046 share dispositions on specified dates in 2026.
Do the proceeds from the recent sales appear in the filing?
Yes, each recent sale row shows proceeds amounts (for example, $4,860,837.15 for 121,220 shares on 03/10/2026), with corresponding dates and share counts listed in the sales table.