IMAX (IMAX) director Throop reports RSU vesting, tax withholding and new grant

Rhea-AI Filing Summary

IMAX Corporation director Darren D. Throop reported routine equity compensation activity involving restricted share units (RSUs) and related tax withholding. On June 11, 2026, 4,611 RSUs converted into 4,611 common shares, reflecting the vesting of a prior grant. To cover tax obligations on this vesting, 2,474 common shares were withheld by the company at a value of $42.12 per share rather than sold in the open market.

On the same date, Throop received a new grant of 4,611 RSUs in connection with his service on the IMAX board, each economically equivalent to one common share and described as vesting and converting on the grant date. After these transactions, the filing reports 40,655 IMAX common shares held directly and 4,611 RSUs outstanding.

Insights

Equity Compensation Analyst

Throop’s Form 4 shows routine RSU vesting, tax withholding, and a new grant.

The activity centers on restricted share units vesting into 4,611 IMAX common shares and a matching new RSU grant. This is standard director compensation, not an open-market purchase or sale, so it carries limited signaling value about Throop’s view of the stock.

The F-code transaction for 2,474 shares reflects tax withholding at $42.12 per share, meaning the company retained shares to satisfy tax obligations rather than Throop selling into the market. The filing shows 40,655 common shares and 4,611 RSUs afterward, suggesting he maintains meaningful equity exposure. Overall, this looks like routine compensation administration with neutral impact.

Insider Trade Summary

4,611 shares exercised/converted

Mixed 5 txns

Insider Throop Darren D

Role null

Type	Security	Shares	Price	Value
Grant/Award	restricted share units	4,611	$0.00	--
Exercise	restricted share units	4,611	$0.00	--
Exercise	common shares	4,611	$0.00	--
Tax Withholding	common shares	2,474	$42.12	$104K
holding	common shares (opening balance)	--	--	--

Holdings After Transaction: restricted share units — 4,611 shares (Direct, null); common shares — 40,655 shares (Direct, null); common shares (opening balance) — 36,044 shares (Direct, null)

Footnotes (1)

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. Mr. Throop is reporting the withholding of common shares to satisfy the tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit. Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation. Mr. Throop received a grant of restricted share units in connection with his 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

RSUs converted: 4,611 units Shares withheld for taxes: 2,474 shares Tax withholding price: $42.12 per share +3 more

6 metrics

RSUs converted 4,611 units Restricted share units vesting into common shares on June 11, 2026

Shares withheld for taxes 2,474 shares Tax withholding on RSU vesting at $42.12 per share

Tax withholding price $42.12 per share Value used for 2,474-share tax withholding disposition

New RSU grant 4,611 units RSUs granted for IMAX board service on June 11, 2026

Common shares held 40,655 shares Total IMAX common shares reported as directly held after transactions

RSUs outstanding 4,611 units Restricted share units remaining after transactions

Key Terms

restricted share units, derivative security, tax withholding obligations, contingent right, +1 more

5 terms

restricted share units financial

"Represents the conversion upon vesting of restricted share units into common shares."

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

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.

tax withholding obligations financial

"to satisfy the tax withholding obligations in connection with the delivery of common shares"

contingent right financial

"Each restricted share unit represents a contingent right to receive one common share"

grant, award, or other acquisition financial

"Grant, award, or other acquisition"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Throop Darren D

(Last) (First) (Middle)

17 GREEN VALLEY ROAD

(Street)

NORTH YORK M2P 1A4

(City) (State) (Zip)

ONTARIO, CANADA

(Country)

2. Issuer Name and Ticker or Trading Symbol
IMAX CORP [ IMAX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
common shares (opening balance)								36,044	D
common shares	06/11/2026		M		4,611(1)	A	$0.00(2)	40,655	D
common shares	06/11/2026		F		2,474(3)	D	$42.12	38,181	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
restricted share units(4)	$0.00(2)	06/11/2026		A		4,611(5)		(6)	(6)	common shares	4,611	(2)	4,611	D
restricted share units(4)	$0.00(2)	06/11/2026		M			4,611(1)	(6)	(6)	common shares	4,611	(7)	0	D

Explanation of Responses:

1. Represents the conversion upon vesting of restricted share units into common shares.

2. Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.

3. Mr. Throop is reporting the withholding of common shares to satisfy the tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit.

4. Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.

5. Mr. Throop received a grant of restricted share units in connection with his membership on the IMAX Corporation Board of Directors.

6. The restricted share units vest and convert to common shares on the date of grant, June 11, 2026.

7. Pursuant to Instruction 4(C)(iii), this response has been left blank.

Remarks:

	/s/ Darren D. Throop	06/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Darren D. Throop report for IMAX (IMAX)?

Darren D. Throop reported RSU-related transactions, including the conversion of 4,611 restricted share units into common shares, withholding of 2,474 shares for taxes, and a new grant of 4,611 RSUs tied to his IMAX board service.

Did Darren D. Throop buy or sell IMAX (IMAX) shares in the open market?

The Form 4 shows no open-market buys or sells. Instead, 2,474 shares were withheld by IMAX to satisfy tax obligations on RSU vesting, and 4,611 shares were acquired through RSU conversion, which is compensation-related rather than a discretionary market transaction.

How many IMAX (IMAX) shares and RSUs does Darren D. Throop hold after these transactions?

After the reported transactions, the filing lists 40,655 IMAX common shares held directly and 4,611 restricted share units outstanding. Each RSU is economically equivalent to one common share and represents a contingent right to receive a share of IMAX stock.

What was the purpose of the 2,474 IMAX (IMAX) shares disposed of by Darren D. Throop?

The 2,474 IMAX shares were withheld to cover tax withholding obligations arising from RSU vesting. This F-code transaction represents payment of taxes by delivering shares back to the issuer, not a sale into the open market or a change in investment stance.

Why did Darren D. Throop receive new restricted share units from IMAX (IMAX)?

Throop received 4,611 new restricted share units in connection with his membership on IMAX’s Board of Directors. The footnotes state these RSUs vest and convert to common shares on the grant date, functioning as equity-based compensation aligned with his board service.