IMAX executive exercises RSUs, receives new grant
IMAX CORP executive Daniel Manwaring, CEO of IMAX China Holding, reported several stock-based compensation movements on March 7, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
IMAX CORP executive Daniel Manwaring, CEO of IMAX China Holding, reported several stock-based compensation movements on March 7, 2026. He exercised vested restricted share units, converting 7,409 and 4,666 units into the same number of common shares. He also received a new award of 5,072 restricted share units, each economically equivalent to one common share.
To cover tax obligations tied to these deliveries, the company withheld 4,790 common shares at $40.80 per share, a non‑market, tax-withholding disposition rather than an open-market sale. After these transactions, Manwaring holds 12,363 common shares and 21,816 restricted share units directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | restricted share units | 7,409 | $0.00 | $0.00 |
| Exercise | restricted share units | 4,666 | $0.00 | $0.00 |
| Grant/Award | restricted share units | 5,072 | $0.00 | $0.00 |
| Exercise | common shares | 7,409 | $0.00 | $0.00 |
| Exercise | common shares | 4,666 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | common shares | 4,790 | $40.80 | $195K |
| holding | common shares (opening balance) | -- | -- | -- |
Footnotes (8)
- F1. Represents the conversion of vested restricted share units into common shares.
- F2. Mr. Manwaring is reporting the withholding of common shares by IMAX Corporation to satisfy the tax withholding obligations in connection with the delivery of common shares upon the conversion of the restricted shares unit transaction.
- F3. Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
- F4. Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
- F5. The restricted share units vest and will be converted to common shares in three installments: 7,409 on each of March 7, 2025 and March 7, 2026 and 7,410 on March 7, 2027.
- F6. The restricted share units vest and will be converted to common shares in three installments: 4,666 on each of March 7, 2026 and March 7, 2027 and 4,668 on March 7, 2028.
- F7. The restricted share units vest and will be converted to common shares in three installments: 1,690 on each of March 7, 2027 and March 7, 2028 and 1,692 on March 7, 2029.
- F8. This represents the number of restricted share units for this transaction only. Mr. Manwaring's aggregate remaining restricted share units and common share balances following these transactions are 21,816 and 12,363, respectively.
Key Figures
Key Terms
tax withholding obligations financial
economic equivalent financial
contingent right financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did IMAX (IMAX) executive Daniel Manwaring report in this Form 4/A?
What are Daniel Manwaring’s IMAX holdings after these transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.