IMAX (IMAX) director logs RSU grant, vesting into shares and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IMAX CORP director Eric A. Demirian reported compensation-related equity transactions. On June 11, 2026, restricted share units covering 3,390 units vested and converted into 3,390 common shares, each unit being economically equivalent to one common share.
To cover tax withholding obligations tied to this conversion, 1,842 common shares were withheld and disposed of. Demirian also received a new grant of 3,390 restricted share units in connection with his Board service. Following these transactions, he directly owns 38,641 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,390 shares exercised/converted
Mixed
5 txns
Insider
Demirian Eric A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | restricted share units | 3,390 | $0.00 | -- |
| Exercise | restricted share units | 3,390 | $0.00 | -- |
| Exercise | common shares | 3,390 | $0.00 | -- |
| Tax Withholding | common shares | 1,842 | $42.12 | $78K |
| holding | common shares (opening balance) | -- | -- | -- |
Holdings After Transaction:
restricted share units — 3,390 shares (Direct, null);
common shares — 40,483 shares (Direct, null);
common shares (opening balance) — 37,093 shares (Direct, null)
Footnotes (1)
- Represents the conversion upon vesting of restricted share units into common shares. Each restricted share unit is the economic equivalent of one common share of IMAX Corporation. Mr. Demirian is reporting the withholding of common shares to satisfy the tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit. Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation. Mr. Demirian received a grant of restricted share units in connection with his membership on the IMAX Corporation Board of Directors. The restricted share units vest and convert to common shares on the date of grant, June 11, 2026. Pursuant to Instruction 4(C)(iii), this response has been left blank.
Key Figures
RSUs vested and converted: 3,390 units
Common shares from RSU conversion: 3,390 shares
Shares withheld for taxes: 1,842 shares
+3 more
6 metrics
RSUs vested and converted
3,390 units
Restricted share units converting into common shares on June 11, 2026
Common shares from RSU conversion
3,390 shares
Common shares received upon RSU vesting
Shares withheld for taxes
1,842 shares
Common shares withheld to satisfy tax withholding obligations
New RSU grant
3,390 units
Restricted share units granted for Board membership
Shares owned after transactions
38,641 shares
Direct IMAX common share holdings following reported transactions
Exercise-related RSU transaction price
$0.0000 per unit
Conversion or exercise price listed for RSU transactions
Key Terms
restricted share units, tax withholding obligations, derivative security, contingent right
4 terms
tax withholding obligations financial
"withholding of common shares to satisfy the tax withholding obligations in connection with the delivery of common shares"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each restricted share unit represents a contingent right to receive one common share"
FAQ
What insider transactions did IMAX (IMAX) director Eric A. Demirian report?
Eric A. Demirian reported vesting of 3,390 restricted share units that converted into 3,390 IMAX common shares. He also had 1,842 common shares withheld for taxes and received a new grant of 3,390 restricted share units tied to his Board service.
Did Eric A. Demirian receive a new equity award from IMAX (IMAX)?
Yes. The filing indicates that Eric A. Demirian received a grant of 3,390 restricted share units in connection with his membership on IMAX Corporation’s Board of Directors. According to the disclosure, these restricted share units vest and convert to common shares on June 11, 2026.
Are Eric A. Demirian’s IMAX (IMAX) Form 4 transactions open-market buys or sells?
The disclosed IMAX transactions are compensation-related, not open-market trades. They involve RSU vesting and conversion into common shares, plus a tax-withholding share disposition. There are no open-market purchase or sale codes like “P” or “S” reported in this Form 4.