[Form 4] Lionsgate Studios Corp. Insider Trading Activity

Rhea-AI Filing Summary

Harry Sloan, a director of Lionsgate Studios Corp. (LION), reported a change in beneficial ownership on 09/15/2025. The Form 4 shows a transaction involving 380,255 common shares (listed with code "D"), and the filing notes that this amount includes 20,370 restricted share units that are payable upon vesting and are scheduled to vest on November 29, 2025. The form was filed individually by the reporting person and signed by Harry Sloan through a power of attorney. The filing supplies the reporting person’s business address as Lionsgate, 2700 Colorado Ave., Santa Monica, CA 90404.

Positive

• None.

Negative

• Reporting person recorded a disposition of 380,255 common shares
• Filing does not disclose price per share or total proceeds for the transaction

Insights

Corporate Governance Expert

TL;DR: Director Harry Sloan reported a disposition of 380,255 common shares, including future-settling restricted share units.

The Form 4 documents an insider transaction dated 09/15/2025 in which a director is associated with a 380,255-share disposition designation (code "D"). The filing explicitly notes that 20,370 of those units are restricted share units scheduled to vest on 11/29/2025, indicating part of the reported amount relates to deferred compensation rather than immediate market sales. The report was executed by proxy and filed by one reporting person. From a governance perspective, the filing is routine disclosure of beneficial ownership changes and provides transparency on director holdings; it does not, by itself, disclose the transaction proceeds, rationale, or whether shares were sold in the open market versus transferred under a plan.

Securities Analyst

TL;DR: The filing shows a material insider disposition quantity but lacks price and proceeds information.

The Form 4 lists a 380,255-share disposition event on 09/15/2025 and clarifies inclusion of 20,370 RSUs vesting 11/29/2025. Crucially, the document does not state the price per share, total proceeds, or the specific transaction mechanism (open-market sale, transfer, or other). For investors assessing impact, the absence of price and post-transaction ownership percentage limits assessment of dilution or insider conviction. The disclosure fulfills Section 16 reporting requirements but leaves key economic details unspecified.

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^*

SLOAN HARRY

(Last) (First) (Middle)

LIONSGATE

2700 COLORADO AVE.

(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								380,255(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 20,370 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:

	Harry Sloan (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 transaction did Harry Sloan report on the Form 4 for LION?

He reported a disposition of 380,255 common shares on 09/15/2025; the filing labels the transaction with code "D".

Does the Form 4 state any restricted shares or future vesting?

Yes. The amount includes 20,370 restricted share units that are scheduled to vest on November 29, 2025.

Was the Form 4 filed jointly or by one reporting person?

The form was filed by one reporting person and executed by Harry Sloan by power of attorney on 09/15/2025.

Does the filing disclose the sale price or proceeds of the disposed shares?

No. The document does not provide a price per share, total proceeds, or the transaction mechanism.

What is the reporting person’s address listed on the Form 4?

Lionsgate, 2700 Colorado Ave., Santa Monica, CA 90404 is provided as the reporting person’s address.