Gail Berman gains IMAX (NYSE: IMAX) shares via 3,390 RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IMAX CORP director Gail Berman reported equity compensation activity involving restricted share units and common shares. She received a grant of 3,390 restricted share units in connection with her membership on the IMAX Board of Directors. Each restricted share unit represents the economic equivalent of one common share.
On the grant date, 3,390 restricted share units vested and converted into 3,390 common shares. Following these transactions, Berman directly holds 22,582 common shares and 3,390 restricted share units, reflecting a routine combination of RSU grant and same‑day vesting into common shares as part of her director compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,390 shares exercised/converted
Mixed
4 txns
Insider
Berman Gail
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 | -- |
| holding | common shares (opening balance) | -- | -- | -- |
Holdings After Transaction:
restricted share units — 3,390 shares (Direct, null);
common shares — 22,582 shares (Direct, null);
common shares (opening balance) — 19,192 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. Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation. Ms. Berman received a grant of restricted share units in connection with her 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
RSU grant: 3,390 units
RSUs converted: 3,390 units
Common shares acquired: 3,390 shares
+3 more
6 metrics
RSU grant
3,390 units
Restricted share units granted for Board membership
RSUs converted
3,390 units
Restricted share units vesting and converting into common shares
Common shares acquired
3,390 shares
Common shares received upon RSU conversion
Common shares after transactions
22,582 shares
Direct IMAX common share holdings following Form 4 transactions
RSUs outstanding after grant
3,390 units
Restricted share units remaining after reported transactions
Exercise price
$0.00 per unit
Conversion or exercise price for reported restricted share units
Key Terms
restricted share units, derivative security, Board of Directors
3 terms
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.
Board of Directors financial
"Ms. Berman received a grant of restricted share units in connection with her membership on the IMAX Corporation Board of Directors."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What did IMAX (IMAX) director Gail Berman report in this Form 4?
Gail Berman reported equity compensation activity, including a grant of restricted share units and their conversion into common shares. These transactions reflect routine director compensation, not open-market buying or selling of IMAX CORP stock by the director.