IMAX (NYSE: IMAX) director Richard Gelfond sells 135,046 shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Key Figures
Shares sold (example): 135,046 shares
Proceeds (example): $5,106,872.53
Shares sold (example): 121,220 shares
+2 more
5 metrics
Shares sold (example)
135,046 shares
sale on 04/10/2026
Proceeds (example)
$5,106,872.53
proceeds from 135,046-share trade on 04/10/2026
Shares sold (example)
121,220 shares
sale on 03/10/2026
Proceeds (example)
$4,860,837.15
proceeds from 121,220-share trade on 03/10/2026
Additional trades listed
multiple trades (e.g., 41,737; 34,182 shares)
trades dated 04/16/2026 and 04/17/2026
Key Terms
Form 144, cashless exercise, same-day sale, securities to be sold
4 terms
Form 144 regulatory
"Common | Goldman Sachs & Co. LLC 200 West Street New York NY 10282 | 8943"
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 financial
"Acquired as compensation -- Stock Options | Issuer | Compensation -- Cashless exercise / same-day sale"
A cashless exercise is a way for an option holder to convert stock options into actual shares without paying the purchase price in cash; instead they immediately give up a portion of the newly issued shares to cover the cost and any withholding taxes. Investors care because this process increases the number of shares available and can slightly dilute existing holdings, while also signaling how insiders or employees are realizing compensation without needing cash — similar to paying for a purchase by handing over part of what you just bought.
same-day sale market
"Compensation -- Cashless exercise / same-day sale"
securities to be sold regulatory
"144: Securities To Be Sold"
FAQ
What does IMAX's Form 144 filing show about Richard Gelfond's transactions?
It shows multiple sales of IMAX Common shares by Richard Gelfond. The filing lists individual dispositions, including 135,046 shares on 04/10/2026 and 121,220 shares on 03/10/2026, with cash amounts reported per trade.
Were the IMAX sales executed as open-market trades or via option exercises?
The filing reports cashless exercise with same-day sale. Securities were acquired as compensation (stock options) and disposed via cashless exercise / same-day sale as stated in the report.
Does the Form 144 indicate who receives the sale proceeds?
Proceeds attribution is not specified beyond the seller. The excerpt lists the reporting person and per-trade proceeds; it does not state any recipient other than the selling holder.
Are these sales described as issuer transactions or selling-holder transactions?
The securities were acquired as compensation and sold by the holder. The filing lists the acquisition as "compensation -- stock options" and the disposition method as cashless exercise / same-day sale.