Lionsgate Studios (LION) GC gets equity awards, shares withheld for taxes
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 10,018 | $14.66 | $147K |
| Grant/Award | Common Shares | 19,690 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 10,018 | $14.66 | $147K |
| Grant/Award | Common Shares | 75,848 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 11,628 | $15.31 | $178K |
| Grant/Award | Common Shares | 22,854 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 11,628 | $15.03 | $175K |
| Exercise Price or Tax Liability | Common Shares | 14,887 | $15.31 | $228K |
| Grant/Award | Common Shares | 29,260 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 14,887 | $15.03 | $224K |
Footnotes (12)
- F1. Represents an annual equity award at 95% of target, granted pursuant to the terms of an employment agreement with the reporting person.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. Represents common shares issued upon the vesting of performance RSUs granted pursuant to the terms of an employment agreement.
- F6. 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.
- F7. 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.
- F8. 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.
- F9. 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.
- F10. 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.
- F11. 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.
- F12. 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
Key Terms
performance RSUs financial
tax withholding obligations financial
Performance Incentive Plan financial
grant, award, or other acquisition financial
FAQ
What did Lionsgate (LION) General Counsel Bruce Tobey report in this Form 4?
What equity awards did Bruce Tobey receive from Lionsgate (LION)?
What are the key RSU vesting schedules disclosed for Lionsgate (LION) General Counsel?
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