IMAX (IMAX) SVP Zlatar settles RSUs, tax withholding in shares and receives new grant
Rhea-AI Filing Summary
IMAX CORP senior executive Jose Aleksandr Zlatar reported routine equity compensation activity. He exercised restricted share units to acquire 1,000 and 1,333 common shares on March 7, 2026, converting previously granted units into stock at a stated price of $0.00 per share.
On the same date, IMAX withheld 1,250 common shares at $40.80 per share to cover tax obligations related to the RSU conversions, which is a non-market disposition rather than an open-market sale. Zlatar also received a new grant of 2,028 restricted share units, each economically equivalent to one common share.
Following these transactions, he directly holds 1,083 common shares and 6,695 restricted share units. The RSUs vest in scheduled installments between 2026 and 2029, reflecting ongoing, structured compensation rather than discretionary trading in IMAX stock.
Positive
- None.
Negative
- None.
Insights
Filing shows scheduled RSU vesting, tax withholding, and a new grant.
IMAX CORP SVP and Controller Jose Aleksandr Zlatar converted previously granted restricted share units into 2,333 common shares via option-equivalent exercises on March 7, 2026. These are coded as derivative exercises (M) at a stated price of $0.00 per share, typical for RSU settlements.
IMAX withheld 1,250 common shares at $40.80 per share (code F) to satisfy tax obligations tied to the RSU delivery, a non-market disposition that does not represent a discretionary sale. Zlatar also received a new award of 2,028 RSUs, each equal to one common share, vesting in three installments through 2029.
After these actions, he holds 1,083 common shares and 6,695 RSUs, indicating this filing mainly updates his compensation-based equity position. With no open-market buys or sells and a mix of vesting schedules extending to March 7, 2029, the informational signal for investors is modest and routine.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | restricted share units | 1,000 | $0.00 | -- |
| Exercise | restricted share units | 1,333 | $0.00 | -- |
| Grant/Award | restricted share units | 2,028 | $0.00 | -- |
| Exercise | common shares | 1,000 | $0.00 | -- |
| Exercise | common shares | 1,333 | $0.00 | -- |
| Tax Withholding | common shares | 1,250 | $40.80 | $51K |
Footnotes (1)
- Represents the conversion of vested restricted share units into common shares. Mr. Zlatar 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 equal installments: 1,000 on each of March 7, 2026, March 7, 2027 and March 7, 2028. The restricted share units vest and will be converted to common shares in three installments: 1,333 on each of March 7, 2026 and March 7, 2027 and 1,334 on March 7, 2028. The restricted share units vest and will be converted to common shares in three equal installments: 676 on each of March 7, 2027, March 7, 2028 and March 7, 2029. This represents the number of restricted share units for this transaction only. Mr. Zlatar's aggregate remaining restricted share units and common share balances following these transactions are 6,695 and 1,083, respectively.
FAQ
What insider transactions did IMAX (IMAX) SVP Jose Aleksandr Zlatar report?