Director Gordon (NYSE: LION) gets 6,303 Lionsgate Studios shares

Rhea-AI Filing Summary

Crawford Gordon reported acquisition or exercise transactions in this Form 4 filing.

Lionsgate Studios Corp. director Crawford Gordon received a grant of 6,303 Common Shares on April 1, 2026. The shares were paid as director fees in stock at an indicated value of $9.52 per share, so this is compensation rather than an open-market purchase.

After this award, Gordon directly owns 2,246,230 Common Shares of Lionsgate Studios. In addition, his holdings include 20,107 restricted share units that are scheduled to vest on November 28, 2026, each convertible into one common share upon vesting.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Crawford Gordon

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	6,303	$9.52	$60K

Holdings After Transaction: Common Shares — 2,246,230 shares (Direct)

Footnotes (1)

1. Director fees paid in common shares. Amount includes 20,107 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 28, 2026.

Key Figures

Shares granted: 6,303 shares Grant value per share: $9.52 per share Shares owned after transaction: 2,246,230 shares +2 more

5 metrics

Shares granted 6,303 shares Common Shares grant on April 1, 2026 as director fees

Grant value per share $9.52 per share Recorded value for the 6,303-share stock compensation grant

Shares owned after transaction 2,246,230 shares Total Lionsgate Studios common shares directly owned after grant

Restricted share units 20,107 RSUs RSUs payable in an equal number of common shares upon vesting

RSU vesting date November 28, 2026 Scheduled vesting date for 20,107 restricted share units

Key Terms

director fees, restricted share units, vest, grant, award, or other acquisition

4 terms

director fees financial

"Director fees paid in common shares."

restricted share units financial

"Amount includes 20,107 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.

vest financial

"that are scheduled to vest on November 28, 2026."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

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^*

Crawford Gordon

(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)
04/01/2026

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	04/01/2026		A		6,303(1)	A	$9.52	2,246,230(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. Director fees paid in common shares.

2. Amount includes 20,107 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 28, 2026.

Remarks:

	Gordon Crawford (By Adrian Kuzycz by Power of Attorney)	04/03/2026
	** 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)

FAQ

What insider transaction did Lionsgate Studios (LION) report for Crawford Gordon?

Crawford Gordon received 6,303 Lionsgate Studios common shares as compensation. The award was recorded as director fees paid in stock, rather than an open-market purchase, and increased his directly owned position to 2,246,230 common shares according to the Form 4 filing.

At what value were Crawford Gordon’s 6,303 Lionsgate Studios shares recorded?

The 6,303 common shares granted to Crawford Gordon were recorded at $9.52 per share. This figure represents the per-share value used for the stock-based director fee, giving insight into the compensation value attributed to the equity portion of his board service.

How many Lionsgate Studios shares does Crawford Gordon own after this Form 4 transaction?

Following the 6,303-share grant, Crawford Gordon directly owns 2,246,230 Lionsgate Studios common shares. This total reflects his stake after the April 1, 2026 award and provides context for the size of the grant relative to his overall direct equity position.

What restricted share units does Crawford Gordon hold in Lionsgate Studios (LION)?

Crawford Gordon holds 20,107 restricted share units granted by Lionsgate Studios. These RSUs are scheduled to vest on November 28, 2026, and upon vesting each unit will be payable in one common share of the company, adding to his future potential share ownership.

Was Crawford Gordon’s Lionsgate Studios share grant an open-market stock purchase?

No, Crawford Gordon’s 6,303-share transaction was not an open-market purchase. The filing states that the shares represented director fees paid in common shares, classifying the event as a compensation-related grant or award acquisition rather than a discretionary stock market buy.