[Form 4] IMAX CORP Insider Trading Activity
Rhea-AI Filing Summary
IMAX Chief Commercial Officer & EVP Giovanni M. Dolci reported several equity compensation events on March 7, 2026. He converted a total of 10,460 restricted share units and performance stock units into common shares, received additional restricted share unit and common share awards, and had 7,123 common shares withheld at $40.80 per share to cover tax obligations. Following these transactions, he holds 41,027 common shares directly and 21,934 remaining restricted share units.
Positive
- None.
Negative
- None.
Insights
Routine IMAX executive equity vesting, grants, and tax withholding.
Chief Commercial Officer Giovanni M. Dolci converted 10,460 restricted and performance share units into IMAX common shares, as described in the footnotes. These are compensation-related equity events rather than open-market trades, so they convey limited information about his view of the stock.
The filing also shows new awards of restricted share units and common shares, along with 7,123 shares withheld at $40.80 per share to cover tax obligations. After these moves, he holds 41,027 common shares and 21,934 restricted share units, indicating a continuing, meaningful equity stake aligned with shareholders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | restricted share units | 2,682 | $0.00 | -- |
| Exercise | restricted share units | 4,445 | $0.00 | -- |
| Exercise | restricted share units | 3,333 | $0.00 | -- |
| Grant/Award | restricted share units | 6,763 | $0.00 | -- |
| Grant/Award | restricted share units | 4,057 | $0.00 | -- |
| Exercise | common shares | 2,682 | $0.00 | -- |
| Exercise | common shares | 4,445 | $0.00 | -- |
| Exercise | common shares | 3,333 | $0.00 | -- |
| Tax Withholding | common shares | 4,918 | $40.80 | $201K |
| Grant/Award | common shares | 4,690 | $0.00 | -- |
| Tax Withholding | common shares | 2,205 | $40.80 | $90K |
| holding | common shares (opening balance) | -- | -- | -- |
Footnotes (1)
- Represents the conversion upon vesting of restricted share units into common shares. Mr. Dolci 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 conversion of the restricted share unit transactions. Represents the conversion of vested performance stock units into common shares granted by the Company on March 7, 2023. The shares earned are based on the level of achievement on the EBITDA performance conditions over the three year performance period. Mr. Dolci 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 conversion of the performance share unit transactions. 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 installments: 2,680 on each of March 7, 2024 and March 7, 2025 and 2,682 on March 7, 2026. The restricted share units vest and will be converted to common shares in three installments: 4,445 on each of March 7, 2025 and March 7, 2026 and 4,447 on March 7, 2027. The restricted share units vest and will be converted to common shares in three installments: 3,333 on each of March 7, 2026 and March 7, 2027 and 3,334 on March 7, 2028. The restricted share units vest and will be converted to common shares in three installments: 2,254 on each of March 7, 2027 and March 7, 2028 and 2,255 on March 7, 2029. The restricted share units vest and will be converted to common shares in two installments: 2,028 on March 7, 2027 and 2,029 on March 7, 2028. This represents the number of restricted share units for this transaction only. Mr. Dolci's aggregate remaining restricted share unit and common share balances following these transactions will be 21,934 and 41,027 respectively.
