STOCK TITAN

IMAX (IMAX) EVP converts RSUs, receives grants, holds 37,759 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

IMAX Corporation Chief People Officer & EVP Michele Golden reported several equity compensation transactions involving restricted share units, performance stock units, and common shares on March 7, 2026. She converted 24,423 restricted and performance units into common shares.

IMAX withheld 20,059 common shares at $40.80 to cover tax obligations related to these conversions, which are not open-market sales. Golden also received new grants of 10,144 restricted share units and 16,420 common shares. Following these transactions, she holds 37,759 common shares and 29,852 restricted share units.

Positive

  • None.

Negative

  • None.
Insider Golden Michele
Role Chief People Officer & EVP
Type Security Shares Price Value
Exercise restricted share units 9,384 $0.00 --
Exercise restricted share units 10,373 $0.00 --
Exercise restricted share units 4,666 $0.00 --
Grant/Award restricted share units 10,144 $0.00 --
Exercise common shares 9,384 $0.00 --
Exercise common shares 10,373 $0.00 --
Exercise common shares 4,666 $0.00 --
Tax Withholding common shares 13,441 $40.80 $548K
Grant/Award common shares 16,420 $0.00 --
Tax Withholding common shares 6,618 $40.80 $270K
holding common shares (opening balance) -- -- --
Holdings After Transaction: restricted share units — 0 shares (Direct); common shares — 26,359 shares (Direct); common shares (opening balance) — 16,975 shares (Direct)
Footnotes (1)
  1. Represents the conversion upon vesting of restricted share units into common shares. Ms. Golden 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. 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. Ms. Golden 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 performance stock unit transaction. Each restricted share unit represents a contigent 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: 9,383 on each of March 7, 2024 and March 7, 2025 and 9,384 on March 7, 2026. The restricted share units vest and will be converted to common shares in three installments: 10,373 on each of March 7, 2025 and March 7, 2026 and 10,374 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: 3,381on each of March 7, 2027 and March 7, 2028 and 3,382 on March 7, 2029. This represents the number of common shares for this transaction only. Ms. Golden's aggregate remaining outstanding restricted share unit and common share balances following these transactions will be 29,852 and 37,759, respectively.
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*
Golden Michele

(Last) (First) (Middle)
902 BROADWAY, FLOOR 20

(Street)
NEW YORK NY 10010

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
IMAX CORP [ IMAX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief People Officer & EVP
3. Date of Earliest Transaction (Month/Day/Year)
03/07/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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) 16,975 D
common shares 03/07/2026 M 9,384(1) A $0.00 26,359 D
common shares 03/07/2026 M 10,373(1) A $0.00 36,732 D
common shares 03/07/2026 M 4,666(1) A $0.00 41,398 D
common shares 03/07/2026 F 13,441(2) D $40.8 27,957 D
common shares 03/07/2026 A 16,420(3) A $0.00 44,377 D
common shares 03/07/2026 F 6,618(4) D $40.8 37,759 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(5) $0.00 03/07/2026(6) M 9,384(1) (7) (7) common shares 9,384 $0.00(6) 0(11) D
restricted share units(5) $0.00 03/07/2026(6) M 10,373(1) (8) (8) common shares 10,373 $0.00(6) 10,374(11) D
restricted share units(5) $0.00 03/07/2026(6) M 4,666(1) (9) (9) common shares 4,666 $0.00(6) 9,334(11) D
restricted share units(5) $0.00 03/07/2026(6) A 10,144 (10) (10) common shares 10,144 $0.00(6) 10,144(11) D
Explanation of Responses:
1. Represents the conversion upon vesting of restricted share units into common shares.
2. Ms. Golden 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.
3. 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.
4. Ms. Golden 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 performance stock unit transaction.
5. Each restricted share unit represents a contigent right to receive one common share of IMAX Corporation.
6. Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
7. The restricted share units vest and will be converted to common shares in three installments: 9,383 on each of March 7, 2024 and March 7, 2025 and 9,384 on March 7, 2026.
8. The restricted share units vest and will be converted to common shares in three installments: 10,373 on each of March 7, 2025 and March 7, 2026 and 10,374 on March 7, 2027.
9. 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.
10. The restricted share units vest and will be converted to common shares in three installments: 3,381on each of March 7, 2027 and March 7, 2028 and 3,382 on March 7, 2029.
11. This represents the number of common shares for this transaction only. Ms. Golden's aggregate remaining outstanding restricted share unit and common share balances following these transactions will be 29,852 and 37,759, respectively.
Remarks:
/s/ Kenneth I. Weissman (attorney-in-fact for Michele Golden) 03/10/2026
** 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.

FAQ

What did IMAX (IMAX) executive Michele Golden report in this Form 4?

Michele Golden reported equity compensation activity, including conversions of restricted and performance units into common shares, tax-related share withholding, and new grants. These transactions reflect vesting and awards rather than open-market buying or selling of IMAX common shares.

How many IMAX shares did Michele Golden convert from restricted and performance units?

Golden converted 24,423 restricted and performance stock units into IMAX common shares. Footnotes explain these were restricted share units and performance stock units earned based on EBITDA performance conditions over a three-year period tied to grants made on March 7, 2023.

How many IMAX shares were withheld for Michele Golden’s tax obligations?

IMAX withheld 20,059 common shares at $40.80 per share to satisfy Golden’s tax withholding obligations. Footnotes clarify these are tax payments in shares, not open-market sales, connected to the delivery of common shares upon unit conversions.

What new equity awards did Michele Golden receive from IMAX?

Golden received a grant of 10,144 restricted share units and a grant of 16,420 IMAX common shares. Each restricted share unit is the economic equivalent of one common share and represents a contingent right to receive one IMAX common share upon vesting.

What are Michele Golden’s IMAX holdings after these Form 4 transactions?

Following the reported transactions, Golden holds 37,759 IMAX common shares and 29,852 restricted share units. A footnote specifies these balances as her aggregate remaining outstanding common share and restricted share unit positions after the conversions, tax withholdings, and new grants.

Did Michele Golden execute any open-market trades in IMAX stock?

The Form 4 shows no open-market purchases or sales of IMAX shares. All listed transactions are equity award conversions (code M), new grants (code A), and tax-withholding dispositions (code F), which are compensation and tax events rather than discretionary market trades.