[144] National CineMedia, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 notice by an NCMI insider to sell shares acquired as restricted stock units. The filer reports an intended sale of 734 Common shares through Morgan Stanley Smith Barney on 08/21/2025 on NASDAQ with an aggregate market value of $3,097.48. The shares were acquired as Restricted Stock Units from the issuer on 06/30/2025. The filing also discloses a prior sale on 06/30/2025 of 1,834 shares for gross proceeds of $8,835.66. The notice includes the required representation about absence of undisclosed material information and the signature/attestation language.

Insights

Securities Analyst

TL;DR: Routine insider sale notice; sizes are small and likely non-material to investors.

The filing documents an intended sale of 734 shares valued at $3,097.48 and a prior sale of 1,834 shares for $8,835.66. These amounts represent a de minimis portion of the reported outstanding shares (93,710,120), indicating the transaction is unlikely to affect market valuation. The acquisition source is RSUs granted by the issuer on 06/30/2025, so proceeds reflect compensation vesting rather than an external disposition event. This is a standard Rule 144 notification satisfying regulatory disclosure.

Corporate Governance Expert

TL;DR: Compliance filing appears complete for Rule 144; attestation included but limited detail on signer.

The form identifies the broker and specifics of the securities to be sold and includes the required attestation regarding material non-public information and the Rule 10b5-1 note fields (blank). While the filing supplies acquisition dates and nature (RSUs), it provides minimal identifying detail about the seller beyond name and addresses in the past-sales table. As a governance disclosure, it meets Rule 144 content requirements but offers no additional governance implications.

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	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	734	3097.48	93710120	08/21/2025	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	06/30/2025	Restricted Stock Units	Issuer			734	06/30/2025	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
CATHERINE SULLIVAN100 GARVIES POINT RD 6300 S. Syracuse Way, Suite 300 Centennial CO 80111	Common	06/30/2025	1834	8835.66

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 the NCMI Form 144 filed for symbol NCMI disclose?

The filing discloses an intended sale of 734 Common shares through Morgan Stanley Smith Barney on 08/21/2025 valued at $3,097.48, acquired as RSUs on 06/30/2025.

Who is the broker handling the proposed sale in the Form 144?

The broker listed is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.

Were there any recent sales by this person disclosed in the filing?

Yes, the filing reports a prior sale on 06/30/2025 of 1,834 shares for gross proceeds of $8,835.66.

How were the securities acquired according to the Form 144?

The securities were acquired as Restricted Stock Units (RSUs) from the issuer on 06/30/2025.

Does the Form 144 indicate any 10b5-1 trading plan date?

No date for plan adoption or trading instructions under Rule 10b5-1 is provided in the filing fields.