IMAX officer vests awards, now holds 37,759 shares
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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | restricted share units | 9,384 | $0.00 | $0.00 |
| Exercise | restricted share units | 10,373 | $0.00 | $0.00 |
| Exercise | restricted share units | 4,666 | $0.00 | $0.00 |
| Grant/Award | restricted share units | 10,144 | $0.00 | $0.00 |
| Exercise | common shares | 9,384 | $0.00 | $0.00 |
| Exercise | common shares | 10,373 | $0.00 | $0.00 |
| Exercise | common shares | 4,666 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | common shares | 13,441 | $40.80 | $548K |
| Grant/Award | common shares | 16,420 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | common shares | 6,618 | $40.80 | $270K |
| holding | common shares (opening balance) | -- | -- | -- |
Footnotes (11)
- F1. Represents the conversion upon vesting of restricted share units into common shares.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. Each restricted share unit represents a contigent right to receive one common share of IMAX Corporation.
- F6. Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
- F7. 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.
- F8. 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.
- F9. 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.
- F10. 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.
- F11. 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
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What did IMAX (IMAX) executive Michele Golden report in this Form 4?
What new equity awards did Michele Golden receive from IMAX?
What are Michele Golden’s IMAX holdings after these Form 4 transactions?
Did Michele Golden execute any open-market trades in IMAX stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.