[Form 4] Lionsgate Studios Corp. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 filed for Lionsgate Studios Corp. (LION) reports that Crawford Gordon, identified as a Director, reported a disposition of common shares on 09/15/2025. The filing shows 2,211,777 common shares were disposed. The reported beneficial ownership amount includes 20,066 restricted share units granted by the issuer that are payable in common shares and are scheduled to vest on November 29, 2025. The form was filed by one reporting person and signed on 09/15/2025 by Gordon Crawford by power of attorney.

Positive

• None.

Negative

• Reported disposal of 2,211,777 common shares by Director Crawford on 09/15/2025 is a significant insider sale disclosed on Form 4.
• Form lacks transaction price and explanatory detail about the disposition mechanism; only the disposition amount and RSU vesting information are provided.

Insights

Corporate Governance Expert

Director Crawford reported a large share disposition of 2,211,777 common shares on 09/15/2025.

The filing documents a single-event disposition by a board director, which is a direct disclosure of insider activity. The entry explicitly notes inclusion of 20,066 restricted share units that vest on November 29, 2025. From a governance perspective, timely Form 4 reporting maintains regulatory transparency; the form does not state the reason for the disposition or any planned ongoing trading programs.

Securities/Insider Activity Analyst

Reported sale of 2,211,777 LION shares by a director is material insider activity disclosed on Form 4.

The report is concise: transaction date 09/15/2025, disposal of 2,211,777 common shares, and an explanatory note about 20,066 RSUs scheduled to vest on 11/29/2025. The filing does not disclose transaction code details beyond disposition nor purchase/sale price. Without price or program disclosure, market impact cannot be assessed from this form alone.

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
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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^*

Crawford Gordon

(Last) (First) (Middle)

LIONSGATE

2700 COLORADO AVENUE

(Street)

SANTA MONICA CA 90404

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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								2,211,777(1)	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. Amount includes 20,066 restricted share units granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer, that are scheduled to vest on November 29, 2025.

Remarks:

	Gordon Crawford (By Adrian Kuzycz by Power of Attorney)	09/15/2025
	** 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.

FAQ

What did the Form 4 for LION filed by Crawford Gordon report?

The Form 4 reports a disposition of 2,211,777 common shares by Crawford Gordon dated 09/15/2025.

Does the filing mention restricted share units (RSUs)?

Yes. The reported amount includes 20,066 restricted share units that are payable in common shares and are scheduled to vest on November 29, 2025.

What is Crawford Gordon's relationship to Lionsgate?

The filing identifies Crawford Gordon as a Director of Lionsgate Studios Corp.

Was the Form 4 filed jointly or by one person?

The filing indicates it was submitted by one reporting person.

Is the transaction price disclosed in the Form 4?

No. The provided Form 4 content does not disclose a transaction price for the disposition.