IMAX CORP (IMAX) CMO logs RSU conversions, new grant and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IMAX CORP Chief Marketing Officer Anne Globe reported several equity compensation transactions dated March 7, 2026. She converted 12,225 and 5,500 vested restricted share units into the same number of common shares, reflecting routine settlement of prior awards. She also received a new grant of 12,512 restricted share units, each economically equivalent to one common share. To cover tax obligations related to the share delivery, IMAX Corporation withheld 6,904 common shares at $40.80 per share rather than selling them in the market. Following these transactions, Globe holds 18,574 common shares and 35,739 restricted share units in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
17,725 shares exercised/converted
Mixed
7 txns
Insider
Globe Anne
Role
Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | restricted share units | 12,225 | $0.00 | -- |
| Exercise | restricted share units | 5,500 | $0.00 | -- |
| Grant/Award | restricted share units | 12,512 | $0.00 | -- |
| Exercise | common shares | 12,225 | $0.00 | -- |
| Exercise | common shares | 5,500 | $0.00 | -- |
| Tax Withholding | common shares | 6,904 | $40.80 | $282K |
| holding | common shares (opening balance) | -- | -- | -- |
Holdings After Transaction:
restricted share units — 12,227 shares (Direct);
common shares — 19,978 shares (Direct);
common shares (opening balance) — 7,753 shares (Direct)
Footnotes (1)
- Represents the conversion of vested restricted share units into common shares. Ms. Globe 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 installments: 12,225 on each of March 7, 2025 and March 7, 2026 and 12,227 on March 7, 2027. The restricted share units vest and will be converted to common shares in three equal installments: 5,500 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: 4,170 on each of March 7, 2027 and March 7, 2028 and 4,172 on March 7, 2029. This represents the number of restricted share units for this transaction only. Ms. Globe's aggregate remaining restricted share units and common share balances following these transactions are 35,739 and 18,574, respectively.
FAQ
What insider transactions did IMAX (IMAX) Chief Marketing Officer Anne Globe report?
Anne Globe reported converting vested restricted share units into common shares, receiving a new restricted share unit grant, and having shares withheld to cover taxes. These actions reflect routine equity compensation activity rather than open-market buying or selling of IMAX common shares.
What new equity award did Anne Globe receive from IMAX on March 7, 2026?
She received a grant of 12,512 restricted share units on March 7, 2026. Each restricted share unit represents the right to receive one IMAX common share and is economically equivalent to a common share, subject to the vesting schedule described in the footnotes.