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Lionsgate Studios (LION) GC has 4,430 shares withheld for RSU tax

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

Rhea-AI Filing Summary

Lionsgate Studios Corp. General Counsel Tobey Bruce reported a routine tax-withholding transaction. On this Form 4, 4,430 common shares were automatically withheld at $9.39 per share to satisfy tax obligations when 8,707 restricted share units vested under the Lionsgate Studios Corp. 2025 Performance Incentive Plan.

After the withholding, Bruce directly holds 297,231 common shares, including unvested RSUs. These comprise 19,690 RSUs scheduled to vest on July 3, 2026; 45,707 RSUs vesting in two equal installments on July 1, 2026 and 2027; 68,614 RSUs vesting in three equal installments on April 9, 2026, 2027 and 2028; and 87,780 RSUs vesting in three equal installments on July 1, 2026, 2027 and 2028.

Positive

  • None.

Negative

  • None.
Insider Tobey Bruce
Role General Counsel
Type Security Shares Price Value
Tax Withholding Common Shares 4,430 $9.39 $42K
Holdings After Transaction: Common Shares — 297,231 shares (Direct)
Footnotes (1)
  1. Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 8,707 restricted share units ("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, 4,430 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) 45,707 RSUs scheduled to vest in two equal annual installments on July 1, 2026 and 2027; (iii) 68,614 RSUs scheduled to vest in three equal annual installments on April 9, 2026, 2027 and 2028; and (iv) 87,780 SUs scheduled to vest in three equal annual installments on July 1, 2026, 2027 and 2028.
Shares withheld for taxes 4,430 shares Withheld to satisfy tax obligations on RSU vesting
Withholding price per share $9.39 per share Value used for 4,430-share tax-withholding disposition
Shares held after transaction 297,231 shares Direct common share holdings following tax withholding
RSUs vesting July 3, 2026 19,690 RSUs Scheduled single vesting date July 3, 2026
RSUs vesting July 1, 2026 & 2027 45,707 RSUs Vest in two equal annual installments on July 1, 2026 and 2027
RSUs vesting April 9, 2026–2028 68,614 RSUs Vest in three equal annual installments on April 9, 2026–2028
RSUs vesting July 1, 2026–2028 87,780 RSUs Vest in three equal annual installments on July 1, 2026–2028
restricted share units ("RSUs") financial
"Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 8,707 restricted share units ("RSUs")."
tax withholding obligations financial
"Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 8,707 restricted share units ("RSUs")."
2025 Performance Incentive Plan financial
"The grant of the units was previously reported and, pursuant to the Lionsgate Studios Corp. 2025 Performance Incentive Plan and the Issuer's policies, 4,430 common shares were automatically canceled..."
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" describing the F-code transaction."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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*
Tobey Bruce

(Last)(First)(Middle)
LIONSGATE STUDIOS CORP.
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Counsel
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026
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 Shares03/27/2026F4,430(1)D$9.39297,231(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 8,707 restricted share units ("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, 4,430 common shares were automatically canceled to cover certain of the reporting person's tax obligations.
2. 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) 45,707 RSUs scheduled to vest in two equal annual installments on July 1, 2026 and 2027; (iii) 68,614 RSUs scheduled to vest in three equal annual installments on April 9, 2026, 2027 and 2028; and (iv) 87,780 SUs scheduled to vest in three equal annual installments on July 1, 2026, 2027 and 2028.
Remarks:
Bruce Tobey (By Adrian Kuzycz by Power of Attorney)03/30/2026
** 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)

FAQ

What did Lionsgate Studios Corp. (LION) General Counsel Tobey Bruce report on this Form 4?

Tobey Bruce reported that 4,430 Lionsgate Studios common shares were withheld to cover tax obligations when 8,707 restricted share units vested. This was an automatic tax-withholding disposition, not an open-market sale, and is part of routine equity compensation administration.

How many Lionsgate Studios (LION) shares does Tobey Bruce hold after the reported transaction?

Following the tax-withholding disposition, Tobey Bruce directly holds 297,231 Lionsgate Studios common shares. This figure includes his unvested restricted share units, which convert into common shares as they vest under the company’s equity incentive arrangements.

Why were 4,430 Lionsgate Studios (LION) shares withheld from Tobey Bruce?

The 4,430 shares were withheld to satisfy certain tax withholding obligations triggered by the vesting of 8,707 restricted share units. Under company policies and the 2025 Performance Incentive Plan, part of the vested shares is automatically canceled to cover applicable tax liabilities.

What future RSU vesting schedule does Tobey Bruce have at Lionsgate Studios (LION)?

Bruce’s position includes 19,690 RSUs vesting July 3, 2026; 45,707 RSUs vesting in two installments on July 1, 2026 and 2027; 68,614 RSUs vesting on April 9, 2026, 2027 and 2028; and 87,780 RSUs vesting on July 1, 2026, 2027 and 2028.

Was Tobey Bruce’s Lionsgate Studios (LION) Form 4 transaction an open-market sale?

No. The filing describes a tax-withholding disposition coded “F,” where 4,430 shares were automatically withheld by the issuer to cover tax obligations. It did not involve an open-market sale or discretionary trading decision by Bruce.
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2.67B
197.30M
Services-motion Picture & Video Tape Production
VANCOUVER