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IMAX (NYSE: IMAX) director Richard Gelfond sells 121,220 shares for $4.86M

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

IMAX reported a Form 144 sale: Richard Gelfond sold 121,220 shares of Common Stock on 03/10/2026, reported with an aggregate value of $4,860,837.15. The filing lists Common shares on the NYSE and shows 53,993,017 shares cited with a 04/02/2026 date.

Positive

  • None.

Negative

  • None.

Insights

Insider sale reported; size is routine relative to outstanding shares.

The filing documents a 03/10/2026 disposition of 121,220 shares by Richard Gelfond via a cashless exercise/same-day sale reported on Form 144. The disclosed aggregate value is $4,860,837.15.

Relative scale matters: the reported 53,993,017 shares (as of 04/02/2026) imply the sale is a small percentage of outstanding equity. Subsequent filings may show whether this was part of routine compensation liquidity or other planning.

Shares sold 121,220 shares Sale date 03/10/2026
Aggregate value reported $4,860,837.15 Proceeds for the 121,220 shares
Shares cited outstanding 53,993,017 shares As of 04/02/2026
Acquisition date (options) 06/07/2016 Acquired as compensation — Stock Options
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
cashless exercise / same-day sale financial
"Compensation -- Cashless exercise / same-day sale"
acquired as compensation -- Stock Options financial
"Acquired as compensation -- Stock Options"

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What did IMAX's Form 144 disclose about Richard Gelfond's transaction?

It discloses a sale of 121,220 shares by Richard Gelfond on 03/10/2026. The filing reports an aggregate value of $4,860,837.15 and notes the shares were Common Stock acquired as compensation via stock options.

How large was the sale relative to IMAX's outstanding shares?

The sale represents a small fraction of outstanding shares: 121,220 versus 53,993,017 cited as of 04/02/2026. That proportion is modest and below thresholds typically considered material in insider filings.

What method of disposition is listed in the Form 144?

The Form 144 lists the transaction as a cashless exercise / same-day sale of stock options acquired as compensation. The filing attributes the securities to compensation-related option exercise dated 06/07/2016.

Does the Form 144 state who receives the proceeds from the sale?

The filing shows an aggregate value of $4,860,837.15 for the sold shares. The document does not further allocate who receives proceeds beyond identifying the reporting person and the disposal method.