Lionsgate director awarded 13,405 shares

Director Susan McCaw received an annual equity grant of 13,405 shares in Lionsgate Studios, bringing her reported direct holdings to 114,431 shares including time-vested units.

Rhea-AI Filing Summary

Lionsgate Studios Corp. (LION) reported that director Susan McCaw received an annual director equity award of 13,405 common shares on September 15, 2026, recorded as a grant or award acquisition at no cash price. Following this grant, she holds 114,431 common shares directly, including restricted share units scheduled to vest on November 28, 2026 and September 15, 2027. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Grant/Award: 13,405 shares

Grant/Award 1 txn

Insider McCaw Susan

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares F1, F2	13,405	$0.00	$0.00

Holdings After Transaction: Common Shares — 114,431 shares (Direct)

Footnotes (2)

1. F1. Annual director equity award.
2. F2. Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 20,107 restricted share units that are scheduled to vest on November 28, 2026; and (ii) 13,405 restricted share units that are scheduled to vest on September 15, 2027.

Key Figures

Shares granted: 13,405 common shares Shares held after transaction: 114,431 common shares Restricted share units vesting November 28, 2026: 20,107 restricted share units +2 more

5 metrics

Shares granted 13,405 common shares Annual director equity award granted to Susan McCaw on September 15, 2026

Shares held after transaction 114,431 common shares Direct holdings of Susan McCaw following the September 15, 2026 grant, including restricted share units

Restricted share units vesting November 28, 2026 20,107 restricted share units Units payable upon vesting in an equal number of Lionsgate common shares

Restricted share units vesting September 15, 2027 13,405 restricted share units Units payable upon vesting in an equal number of Lionsgate common shares

Reported transaction price per share $0.00 per share Equity award granted without cash consideration

Key Terms

restricted share units, Annual director equity award, vesting

3 terms

restricted share units financial

"Amount includes the following restricted share units granted by the Issuer, payable upon vesting"

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.

Annual director equity award financial

"Annual director equity award."

vesting financial

"restricted share units that are scheduled to vest on November 28, 2026"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did LION disclose for director Susan McCaw?

Lionsgate Studios Corp. disclosed that director Susan McCaw received an annual director equity award of 13,405 common shares on September 15, 2026, reported as a grant or award acquisition with a stated price of $0.00 per share.

How many Lionsgate Studios (LION) shares does Susan McCaw hold after this Form 4 transaction?

After the reported grant, Susan McCaw directly holds 114,431 common shares of Lionsgate Studios Corp., which the filing states includes restricted share units that will be payable in an equal number of common shares upon vesting.

What restricted share units are included in Susan McCaw’s LION holdings?

Her reported 114,431-share position includes 20,107 restricted share units scheduled to vest on November 28, 2026 and 13,405 restricted share units scheduled to vest on September 15, 2027, each payable in an equal number of common shares upon vesting.

Was Susan McCaw’s Lionsgate Studios (LION) equity grant under a Rule 10b5-1 plan?

No. The Form 4 indicates that the Rule 10b5-1 checkbox is not checked, and the footnotes do not describe any Rule 10b5-1 trading plan related to this equity grant.

What transaction code was used for Susan McCaw’s LION equity award?

The transaction uses code A, described as a grant, award, or other acquisition of securities. It reflects an annual director equity award of 13,405 common shares rather than an open-market purchase.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/17/2026 - 04:52 PM Accepted by SEC EDGAR 09/17/2026 - 04:52 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

McCaw Susan

(Last) (First) (Middle)

LIONSGATE

2700 COLORADO AVENUE

(Street)

SANTA MONICA CALIFORNIA 90404

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Lionsgate Studios Corp. [ LION ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	09/15/2026		A		13,405(1)	A	$0	114,431(2)	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Annual director equity award.

2. Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 20,107 restricted share units that are scheduled to vest on November 28, 2026; and (ii) 13,405 restricted share units that are scheduled to vest on September 15, 2027.

Remarks:

	Susan McCaw (By Adrian Kuzycz by Power of Attorney)	09/17/2026
	** Signature of Reporting Person	Date
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)