National CineMedia insider plans sale of 13,372 shares via Charles Schwab

Rhea-AI Filing Summary

The Form 144 notifies a proposed sale of 13,372 common shares of National CineMedia, Inc. through The Charles Schwab Corporation on NASDAQ with an aggregate market value of $62,179.80 and an approximate sale date of 08/13/2025. The filing lists the securities were received as restricted stock units on several dates (02/22/2021, 04/01/2021, 07/22/2021, 02/22/2022, 03/26/2024) totaling the units shown. The filing reports no securities sold in the past 3 months. Key details such as the name of the selling individual and the filer’s stated relationship to the issuer are not provided in the form.

Positive

• Securities were acquired as restricted stock units, indicating the shares originated from compensation-related awards.
• No securities sold in the past 3 months is reported, showing no recent dispositions by the selling account within that window.

Negative

• Seller identity and relationship to the issuer are not provided in the filing, limiting interpretability.
• No 10b5-1 plan adoption date or trading-plan details are indicated, so it is unclear whether sales are pre-planned under a trading arrangement.

Insights

Securities Analyst

TL;DR: Routine Form 144 filing for a proposed insider sale; details suggest limited standalone market impact without more context.

The filing discloses a proposed sale of 13,372 common shares via Charles Schwab with an aggregate market value of $62,179.80 and an approximate sale date of 08/13/2025. All shares reported were acquired as restricted stock units on the dates listed, and the form reports no sales in the past 3 months. The notice lacks the seller's name and a declared relationship to the issuer, which limits interpretation of intent and potential governance signals. On its face this is a standard disclosure rather than a material corporate development.

Corporate Governance Expert

TL;DR: Disclosure is procedurally correct but incomplete on identity and trading-plan details, constraining governance assessment.

The Form 144 includes required transaction specifics—broker, exchange, number of shares, acquisition dates and nature (restricted stock units)—and a representation about absence of undisclosed material adverse information. However, the filing does not provide the name of the selling individual or the filer’s relationship to the issuer, nor does it indicate a trading-plan adoption date (if any). That absence reduces transparency for stakeholders seeking context on insider liquidity and governance practices.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	The Charles Schwab Corporation 3000 Schwab Way Westlake TX 76262	13372	62179.80	93710120	08/13/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/22/2021	Restricted Stock Unit	Issuer			1269	02/22/2021	N/A
Common	04/01/2021	Restricted Stock Unit	Issuer			417	04/01/2021	N/A
Common	07/22/2021	Restricted Stock Unit	Issuer			227	07/22/2021	N/A
Common	02/22/2022	Restricted Stock Unit	Issuer			2957	02/22/2022	N/A
Common	03/26/2024	Restricted Stock Unit	Issuer			8502	03/26/2024	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does NCMI's Form 144 disclose?

The form discloses a proposed sale of 13,372 common shares of National CineMedia via The Charles Schwab Corporation on NASDAQ with an aggregate market value of $62,179.80 and an approximate sale date of 08/13/2025.

How were the shares to be sold acquired?

The filing shows the shares were acquired as restricted stock units on 02/22/2021 (1,269), 04/01/2021 (417), 07/22/2021 (227), 02/22/2022 (2,957), and 03/26/2024 (8,502), totaling 13,372 shares.

Did the filer report any NCMI sales in the past three months?

The filing states Nothing to Report for securities sold during the past three months.

Which broker and exchange are listed for the proposed sale?

The broker is listed as The Charles Schwab Corporation and the exchange is listed as NASDAQ.

Is the selling individual's name or relationship to NCMI provided?

No. The filing does not provide the seller's name or the filer’s relationship to the issuer in the disclosed fields.