IMAX insider exercises 49,504 options at $22.49, sells shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IMAX (IMAX) executive Mark Welton reported an option exercise and share sale. On 11/10/2025, he exercised stock options into 49,504 common shares at $22.49 per share and sold 49,504 common shares at a price of $35.228.
Following these transactions, he beneficially owns 153,323 common shares directly. The filing notes 70,609 restricted share units outstanding after these transactions and that the options exercised were issued in 2019 and set to expire on March 7, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 49,504 shares ($1,743,927)
Net Sell
4 txns
Insider
WELTON MARK
Role
President IMAX Global Theatres
Sold
49,504 shs ($1.74M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | stock options (to buy) | 49,504 | $22.49 | $1.11M |
| Conversion | common shares | 49,504 | $22.49 | $1.11M |
| Sale | common shares | 49,504 | $35.228 | $1.74M |
| holding | common shares (opening balance) | -- | -- | -- |
Holdings After Transaction:
stock options (to buy) — 0 shares (Direct);
common shares — 202,827 shares (Direct);
common shares (opening balance) — 153,323 shares (Direct)
Footnotes (1)
- Represents the conversion upon exercise of stock options into common shares. These options were issued in 2019 and are set to expire on March 7, 2026. The stock options became exercisable in four installments: 9,900 on March 7, 2020, 12,376 on each of March 7, 2021 and March 7, 2022 and 14,852 on March 7, 2023. Mr. Welton's aggregate remaining outstanding restricted share unit and common share balances following these transactions will be 70,609 and 153,323, respectively.
FAQ
What did IMAX (IMAX) report on this Form 4?
Officer Mark Welton reported exercising options into 49,504 common shares at $22.49 and selling 49,504 shares at $35.228 on 11/10/2025.
What were the exercise and sale prices reported?
Exercise price was $22.49 per share; sale price was $35.228 per share.
When do the exercised options expire and when were they issued?
They were issued in 2019 and set to expire on March 7, 2026.
What is Mark Welton’s role at IMAX?
He is President, IMAX Global Theatres.