IMAX (IMAX) China CEO exercises RSUs as 4,790 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4/A
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,075 shares exercised/converted
Mixed
7 txns
Insider
Manwaring Daniel
Role
CEO, IMAX China Holding, Inc.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | restricted share units | 7,409 | $0.00 | -- |
| Exercise | restricted share units | 4,666 | $0.00 | -- |
| Grant/Award | restricted share units | 5,072 | $0.00 | -- |
| Exercise | common shares | 7,409 | $0.00 | -- |
| Exercise | common shares | 4,666 | $0.00 | -- |
| Tax Withholding | common shares | 4,790 | $40.80 | $195K |
| holding | common shares (opening balance) | -- | -- | -- |
Holdings After Transaction:
restricted share units — 7,410 shares (Direct);
common shares — 12,487 shares (Direct);
common shares (opening balance) — 5,078 shares (Direct)
Footnotes (1)
- Represents the conversion of vested restricted share units into common shares. 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. Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation. Each restricted share unit is the economic equivalent of one common share of IMAX Corporation. 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. 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. 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. 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
RSUs converted (first block): 7,409 units
RSUs converted (second block): 4,666 units
New RSU grant: 5,072 units
+3 more
6 metrics
RSUs converted (first block)
7,409 units
Restricted share units converted to common shares on March 7, 2026
RSUs converted (second block)
4,666 units
Additional restricted share units converted to common shares on March 7, 2026
New RSU grant
5,072 units
Restricted share unit award reported as of March 7, 2026
Shares withheld for tax
4,790 shares at $40.80
Common shares withheld to satisfy tax obligations
Common shares after transactions
12,363 shares
Direct IMAX common share balance following reported transactions
RSUs remaining after transactions
21,816 units
Aggregate remaining restricted share units after all reported activity
Key Terms
restricted share units, tax withholding obligations, economic equivalent, contingent right, +1 more
5 terms
tax withholding obligations financial
"withholding of common shares by IMAX Corporation to satisfy the tax withholding obligations"
economic equivalent financial
"Each restricted share unit is the economic equivalent of one common share of IMAX Corporation."
contingent right financial
"Each restricted share unit represents a contingent right to receive one common share"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did IMAX (IMAX) executive Daniel Manwaring report in this Form 4/A?
Daniel Manwaring reported routine stock-based compensation activity. He converted vested restricted share units into common shares, received a new restricted share unit grant, and had shares withheld by IMAX Corporation to satisfy tax obligations related to these equity awards and their share deliveries.
What are Daniel Manwaring’s IMAX holdings after these transactions?
After these transactions, Daniel Manwaring’s aggregate remaining holdings are 21,816 restricted share units and 12,363 common shares. All are reported as directly owned, reflecting his continuing equity stake through both actual IMAX shares and unvested restricted share units.