Lionsgate Studios (NASDAQ: LION) CEO reports RSU vesting and tax share cancellations
Rhea-AI Filing Summary
Lionsgate Studios Corp. Chief Executive Officer Jon Feltheimer reported equity compensation activity involving performance restricted share units. On July 3, 2026, 196,902 common shares were issued upon vesting of performance RSUs, and 103,669 common shares were automatically canceled to satisfy tax withholding obligations. Following these adjustments, he holds 4,290,776 common shares directly, including significant unvested RSU awards scheduled to vest between July 1, 2027 and July 1, 2029.
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Insights
CEO equity award vests with shares withheld for taxes; no open-market trading.
Chief Executive Officer Jon Feltheimer received 196,902 common shares on July 3, 2026 from vesting of performance RSUs under an employment agreement. This represents stock-based compensation rather than a market purchase.
To cover tax obligations, 103,669 shares were automatically canceled and withheld by Lionsgate Studios Corp., a routine mechanism reflected as code F transactions. After these updates, he directly holds 4,290,776 common shares, plus substantial unvested RSUs.
Footnotes list RSU grants totaling over one million units, with tranches of 175,798, 487,664, and 632,069 scheduled to vest on July 1, 2027, and in equal installments on July 1, 2027, 2028, and 2029. These awards tie a meaningful portion of the CEO’s compensation to future share performance and continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 103,669 | $14.66 | $1.52M |
| Grant/Award | Common Shares | 196,902 | $0.00 | -- |
| Tax Withholding | Common Shares | 103,669 | $14.66 | $1.52M |
Footnotes (1)
- This amendment is being filed to reflect that 103,669 common shares, rather than 196,902 common shares, were automatically canceled to satisfy certain of the reporting person's tax withholding obligations upon the vesting of 196,902 restricted share units ("RSUs"). The remaining line items reported herein are included solely to update the reporting person's post-transaction holdings resulting from such adjustment. Amount includes the following RSUs granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 175,798 RSUs scheduled to vest on July 1, 2027; (ii) 487,664 RSUs scheduled to vest in two equal annual installments on July 1, 2027 and 2028; and (iii) 632,069 RSUs scheduled to vest in three equal annual installments on July 1, 2027, 2028 and 2029. Represents common shares issued upon the vesting of performance RSUs granted pursuant to the terms of an employment agreement. Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 196,902 performance RSUs. The grant of the units is reported herein and, pursuant to the Lionsgate Studios Corp. 2025 Performance Incentive Plan and the Issuer's policies, 103,669 common shares were automatically canceled to cover certain of the reporting person's tax obligations.