IMAX (IMAX) EVP converts RSUs, receives grants, holds 37,759 shares
Filing Impact
Filing Sentiment
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 Trade Summary
24,423 shares exercised/converted
Mixed
11 txns
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)
- 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.
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.
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.