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IMAX Corp (IMAX) director converts and receives 3,390 restricted share units

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

Rhea-AI Filing Summary

IMAX Corp director David W. Leebron reported equity compensation activity rather than open‑market trading. He converted 3,390 restricted share units into 3,390 common shares, with each unit equal to one common share. On the same date he received a new grant of 3,390 restricted share units in connection with his Board membership. Following these transactions, he directly holds 131,083 common shares and indirectly holds 1,300 common shares through his spouse.

Positive

  • None.

Negative

  • None.
Insider LEEBRON DAVID W
Role null
Type Security Shares Price Value
Grant/Award restricted share units 3,390 $0.00 --
Exercise restricted share units 3,390 $0.00 --
Exercise common shares 3,390 $0.00 --
holding common shares (opening balance) -- -- --
holding common shares (opening balance) -- -- --
Holdings After Transaction: restricted share units — 3,390 shares (Direct, null); common shares — 131,083 shares (Direct, null); common shares (opening balance) — 127,693 shares (Direct, null); common shares (opening balance) — 1,300 shares (Indirect, by spouse)
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. Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation. Mr. Leebron 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.
RSUs converted to shares 3,390 units/shares Restricted share units converted into common shares on June 11, 2026
New RSU grant 3,390 units Grant of restricted share units for Board service on June 11, 2026
Direct common shares after transactions 131,083 shares Direct IMAX common share holdings following transactions
Indirect common shares (spouse) 1,300 shares Indirect IMAX common share holdings through spouse
Derivative exercises 1 transaction, 3,390 shares Exercise/conversion of restricted share units into common shares
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.
economic equivalent financial
"Each restricted share unit is the economic equivalent of one common share of IMAX Corporation."
contingent right financial
"Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation."
grant of restricted share units financial
"Mr. Leebron received a grant of restricted share units in connection with his membership on the IMAX Corporation Board of Directors."
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
LEEBRON DAVID W
(Last)(First)(Middle)
1701 HERMANN DR.
SUITE 31G
(Street)
HOUSTON TEXAS 77004
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
IMAX CORP [ IMAX ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
common shares (opening balance)127,693D
common shares (opening balance)1,300Iby spouse
common shares06/11/2026M3,390(1)A$0.00(2)131,083D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
restricted share units(3)$0.00(2)06/11/2026A3,390(4) (5) (5)common shares3,390(2)3,390D
restricted share units(3)$0.00(2)06/11/2026M3,390(1) (5) (5)common shares3,390(6)0D
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. Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
4. Mr. Leebron received a grant of restricted share units in connection with his membership on the IMAX Corporation Board of Directors.
5. The restricted share units vest and convert to common shares on the date of grant, June 11, 2026.
6. Pursuant to Instruction 4(C)(iii), this response has been left blank.
Remarks:
/s/ David W. Leebron06/15/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did IMAX (IMAX) director David W. Leebron report?

David W. Leebron reported no open‑market trades. He converted 3,390 restricted share units into 3,390 common shares and received a new grant of 3,390 restricted share units as part of his IMAX Board of Directors compensation.

How many IMAX (IMAX) shares does David W. Leebron hold after this Form 4?

After these transactions, David W. Leebron directly holds 131,083 IMAX common shares and indirectly holds 1,300 common shares through his spouse. These figures reflect his updated ownership as reported in the Form 4 filing.

What are the details of David W. Leebron’s restricted share unit grant at IMAX (IMAX)?

Leebron received a grant of 3,390 restricted share units, each representing a contingent right to receive one IMAX common share. The footnotes state these units vest and convert to common shares on the date of grant, June 11, 2026.

Did David W. Leebron buy or sell IMAX (IMAX) shares on the open market?

The Form 4 shows no open‑market purchases or sales. All reported activity involves the conversion and grant of restricted share units, which are compensation-related awards, not discretionary market trades in IMAX common shares.

What does the conversion of restricted share units mean for IMAX (IMAX) director ownership?

Conversion means Leebron’s 3,390 restricted share units turned into 3,390 IMAX common shares. This shifts part of his compensation from contingent units into actual shares, increasing his direct share count while the previously vested units are no longer outstanding as derivatives.