IMAX CEO gifts 40,000 shares; now holds 564,599 common shares
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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | common shares | 40,000 | $0.00 | $0.00 |
| holding | common shares (opening balance) | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did IMAX (IMAX) disclose?
Did the filing mention timing reasons for the gift?
What equity awards remain outstanding for the IMAX CEO after the transaction?
What transaction code was used in the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.