IMAX (IMAX) China CEO holds 11,718 shares after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IMAX Corporation executive Daniel Manwaring, CEO of IMAX China Holding, reported compensation-related equity activity involving restricted share units and common shares on March 7, 2026. He exercised restricted share units that converted into 12,075 common shares, reflecting the vesting of prior equity awards.
In connection with this conversion, 5,435 common shares were withheld by IMAX Corporation at $40.80 per share to satisfy tax withholding obligations, a non-market disposition. Following these transactions, Manwaring directly holds 11,718 common shares and 21,816 restricted share units, with future RSU tranches scheduled to vest annually from 2027 through 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,075 shares exercised/converted
Mixed
7 txns
Insider
Manwaring Daniel
Role
CEO, IMAX China Holding, Inc.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | restricted share units | 7,409 | $0.00 | -- |
| Exercise | restricted share units | 4,666 | $0.00 | -- |
| Grant/Award | restricted share units | 5,072 | $0.00 | -- |
| Exercise | common shares | 7,409 | $0.00 | -- |
| Exercise | common shares | 4,666 | $0.00 | -- |
| Tax Withholding | common shares | 5,435 | $40.80 | $222K |
| holding | common shares (opening balance) | -- | -- | -- |
Holdings After Transaction:
restricted share units — 7,410 shares (Direct);
common shares — 12,487 shares (Direct);
common shares (opening balance) — 5,078 shares (Direct)
Footnotes (1)
- Represents the conversion of vested restricted share units into common shares. Mr. Manwaring 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: 7,409 on each of March 7, 2025 and March 7, 2026 and 7,410 on March 7, 2027. The restricted share units vest and will be converted to common shares in three installments: 4,666 on each of March 7, 2026 and March 7, 2027 and 4,668 on March 7, 2028. The restricted share units vest and will be converted to common shares in three installments: 1,690 on each of March 7, 2027 and March 7, 2028 and 1,692 on March 7, 2029. This represents the number of restricted share units for this transaction only. Mr. Manwaring's aggregate remaining restricted share units and common share balances following these transactions are 21,816 and 11,718, respectively.