Form 4: IMAX CEO Gelfond gifts 40,000 shares, updates holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IMAX Corp reported a Form 4 for CEO and Director Richard L. Gelfond, who gifted 40,000 common shares on 11/10/2025 (transaction code G) to a donor‑advised fund for charitable purposes. After the transfer, he beneficially owns 564,599 common shares directly.
The filing also lists his outstanding awards following the transaction: 1,818,695 options and 294,433 restricted share units. It states the timing relates to changes in tax regulations taking effect on 01/01/2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
40,000 shares gifted
Mixed
2 txns
Insider
GELFOND RICHARD L
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | common shares | 40,000 | $0.00 | -- |
| holding | common shares (opening balance) | -- | -- | -- |
Holdings After Transaction:
common shares — 564,599 shares (Direct);
common shares (opening balance) — 604,599 shares (Direct)
Footnotes (1)
- On November 10, 2025, Mr. Gelfond gifted 40,000 common shares of IMAX Corporation to a donor-advised fund, which will use the gifted shares for charitable purposes. The timing of this transfer relates to changes in tax regulations to charitable donations that take effect on January 1, 2026. Mr. Gelfond's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 1,818,695, 294,433 and 564,599, respectively.
FAQ
What insider transaction did IMAX (IMAX) disclose?
A Form 4 reporting that CEO/Director Richard L. Gelfond gifted 40,000 common shares on 11/10/2025 (code G).
Did the filing mention timing reasons for the gift?
Yes. It states the timing relates to changes in tax regulations effective 01/01/2026.
What equity awards remain outstanding for the IMAX CEO after the transaction?
Outstanding balances are 1,818,695 options and 294,433 RSUs.
What transaction code was used in the Form 4?
Transaction code G, indicating a gift of securities.