Lionsgate Studios (LION) GC gets equity awards, shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lionsgate Studios Corp. General Counsel Bruce Tobey reported equity compensation activity rather than open-market trading. On July 1 and July 3, he received several grants and vesting-related issuances of common shares at a stated price of $0.00 per share, reflecting awards under his employment agreement and the company’s 2025 Performance Incentive Plan.
To cover tax obligations from these vestings, the company withheld a total of 73,066 common shares through multiple Form 4 code F transactions, with reference prices around $14.66–$15.31 per share. After these compensation and tax-withholding entries, he continued to hold a substantial direct position in Lionsgate Studios common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
Tobey Bruce
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 10,018 | $14.66 | $147K |
| Grant/Award | Common Shares | 19,690 | $0.00 | -- |
| Tax Withholding | Common Shares | 10,018 | $14.66 | $147K |
| Grant/Award | Common Shares | 75,848 | $0.00 | -- |
| Tax Withholding | Common Shares | 11,628 | $15.31 | $178K |
| Grant/Award | Common Shares | 22,854 | $0.00 | -- |
| Tax Withholding | Common Shares | 11,628 | $15.03 | $175K |
| Tax Withholding | Common Shares | 14,887 | $15.31 | $228K |
| Grant/Award | Common Shares | 29,260 | $0.00 | -- |
| Tax Withholding | Common Shares | 14,887 | $15.03 | $224K |
Holdings After Transaction:
Common Shares — 411,811 shares (Direct, null)
Footnotes (1)
- Represents an annual equity award at 95% of target, granted pursuant to the terms of an employment agreement with the reporting person. Amount includes the following restricted share units ("RSUs") granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 19,690 RSUs scheduled to vest on July 3, 2026; (ii) 45,707 RSUs scheduled to vest in two equal annual installments on July 1, 2026 and 2027; (iii) 45,742 RSUs scheduled to vest in two equal annual installments on April 9, 2027 and 2028; (iv) 87,780 RSUs scheduled to vest in three equal annual installments on July 1, 2026, 2027 and 2028; and (v) 75,848 RSUs scheduled to vest in three equal annual installments on July 1, 2027, 2028 and 2029. Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 22,854 RSUs. The grant of the units was previously reported and, pursuant to the Lionsgate Studios Corp. 2025 Performance Incentive Plan and the Issuer's policies, 11,628 common shares were automatically canceled to cover certain of the reporting person's tax obligations. Amount includes the following RSUs granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 19,690 RSUs scheduled to vest on July 3, 2026; (ii) 22,853 RSUs scheduled to vest on July 1, 2027; (iii) 45,742 RSUs scheduled to vest in two equal annual installments on April 9, 2027 and 2028; (iv) 87,780 RSUs scheduled to vest in three equal annual installments on July 1, 2026, 2027 and 2028; and (v) 75,848 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 22,854 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, 11,628 common shares were automatically canceled to cover certain of the reporting person's tax obligations. Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 29,260 RSUs. The grant of the units was previously reported and, pursuant to the Lionsgate Studios Corp. 2025 Performance Incentive Plan and the Issuer's policies, 14,887 common shares were automatically canceled to cover certain of the reporting person's tax obligations. Amount includes the following RSUs granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 19,690 RSUs scheduled to vest on July 3, 2026; (ii) 22,853 RSUs scheduled to vest on July 1, 2027; (iii) 45,742 RSUs scheduled to vest in two equal annual installments on April 9, 2027 and 2028; (iv) 58,520 RSUs scheduled to vest in two equal annual installments on July 1, 2027 and 2028; and (v) 75,848 RSUs scheduled to vest in three equal annual installments on July 1, 2027, 2028 and 2029. Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 29,260 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, 14,887 common shares were automatically canceled to cover certain of the reporting person's tax obligations. Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 19,690 RSUs. The grant of the units was previously reported and, pursuant to the Lionsgate Studios Corp. 2025 Performance Incentive Plan and the Issuer's policies, 10,018 common shares were automatically canceled to cover certain of the reporting person's tax obligations. Amount includes the following RSUs granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 22,853 RSUs scheduled to vest on July 1, 2027; (ii) 45,742 RSUs scheduled to vest in two equal annual installments on April 9, 2027 and 2028; (iii) 58,520 RSUs scheduled to vest in two equal annual installments on July 1, 2027 and 2028; and (iv) 75,848 RSUs scheduled to vest in three equal annual installments on July 1, 2027, 2028 and 2029. Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 19,690 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, 10,018 common shares were automatically canceled to cover certain of the reporting person's tax obligations.
Key Figures
Tax withholding shares: 73,066 shares
Withholding price example: $14.66 per share
Withholding price example: $15.03 per share
+5 more
8 metrics
Tax withholding shares
73,066 shares
Total shares withheld to cover tax obligations
Withholding price example
$14.66 per share
Reference price on July 3, 2026 tax-withholding entries
Withholding price example
$15.03 per share
Reference price on July 1, 2026 tax-withholding entries
Withholding price example
$15.31 per share
Alternate reference price on July 1, 2026 withholding
Equity award
19,690 shares
Common shares linked to RSUs vesting July 3, 2026
Equity award
29,260 shares
Common shares tied to RSUs referenced in footnotes F7/F9
Equity award
22,854 shares
Common shares from RSUs and performance RSUs vesting July 1, 2027
Equity award
75,848 shares
RSUs vesting in three annual installments July 1, 2027–2029
Key Terms
restricted share units ("RSUs"), performance RSUs, tax withholding obligations, Performance Incentive Plan, +1 more
5 terms
performance RSUs financial
"Represents common shares issued upon the vesting of performance RSUs granted pursuant to the terms of an employment agreement."
Performance RSUs are promises to deliver company shares to executives or employees only if the business meets preset goals such as revenue, profit, stock price, or operational targets. They matter to investors because they align management pay with measurable company results and can affect the number of shares outstanding and future earnings per share once the shares are issued. Think of them as a bonus paid in stock that only arrives if the team hits the agreed milestones.
tax withholding obligations financial
"Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 22,854 RSUs."
Performance Incentive Plan financial
"pursuant to the Lionsgate Studios Corp. 2025 Performance Incentive Plan and the Issuer's policies..."
grant, award, or other acquisition financial
"Grant, award, or other acquisition"
FAQ
What did Lionsgate (LION) General Counsel Bruce Tobey report in this Form 4?
Bruce Tobey reported equity compensation activity, not open-market trading. He received several grants and vesting-related issuances of common shares, combined with share withholdings to cover tax obligations tied to those awards.
What equity awards did Bruce Tobey receive from Lionsgate (LION)?
He received multiple common share awards at a stated price of $0.00 per share, tied to restricted share units and performance RSUs under his employment agreement and Lionsgate Studios Corp. 2025 Performance Incentive Plan.
What are the key RSU vesting schedules disclosed for Lionsgate (LION) General Counsel?
Footnotes describe RSUs scheduled to vest on July 3, 2026, on July 1, 2026–2029, and on April 9, 2027 and 2028. Each RSU converts into one common share when it vests, subject to plan terms.