[8-K] National CineMedia, Inc. Reports Material Event

Rhea-AI Filing Summary

National CineMedia, Inc. reports that Catherine Sullivan, its President – Sales, Marketing and Partnerships, will step down from her role as of November 13, 2025 and leave the company on December 1, 2025 following the elimination of her position. Her departure will be treated as an “Involuntary Termination” under her employment agreement, making her eligible for severance equal to 100% of her base salary plus 100% of her target bonus, paid in equal installments over 12 months in exchange for a release of claims. The company states that her termination is not the result of any violation of company policy.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 13, 2025

National CineMedia, Inc.

(Exact name of Registrant as Specified in Its Charter)

Delaware			001-33296	20-5665602
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
6300 S. Syracuse Way, Suite 300
Centennial, Colorado				80111
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: (303) 792-3600

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.01 per share		NCMI		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

The President - Sales, Marketing and Partnerships of National CineMedia, Inc. (the “Company”), Catherine Sullivan, will step down from her role as of November 13, 2025 and depart the Company on December 1, 2025 following an elimination of the position of President – Sales, Marketing and Partnerships. Ms. Sullivan’s departure from the Company will be treated as an “Involuntary Termination” under her employment agreement with the Company, making her eligible for a severance amount equal to 100% of her base salary, plus 100% of her target bonus based on her base salary then in effect paid in equal installments over 12 months in exchange for a valid release of claims against the Company. Ms. Sullivan’s termination of employment is not the result of a violation of any Company policy.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			NATIONAL CINEMEDIA, INC.
Date:	November 14, 2025	By:	/s/ Ronnie Y. Ng
			Ronnie Y. Ng Chief Financial Officer

FAQ

What did National CineMedia (NCMI) announce about Catherine Sullivan?

National CineMedia announced that Catherine Sullivan, its President – Sales, Marketing and Partnerships, will step down from her role on November 13, 2025 and depart the company on December 1, 2025 after the elimination of her position.

Why is Catherine Sullivan leaving National CineMedia (NCMI)?

Catherine Sullivan is leaving because National CineMedia is eliminating the position of President – Sales, Marketing and Partnerships, and her role will no longer exist after this change.

How will Catherine Sullivan’s departure from NCMI be classified?

Her departure will be treated as an “Involuntary Termination” under her employment agreement with National CineMedia, which determines her severance eligibility.

What severance will Catherine Sullivan receive from National CineMedia?

Catherine Sullivan will be eligible for a severance amount equal to 100% of her base salary plus 100% of her target bonus, based on her then-current base salary, paid in equal installments over 12 months in exchange for a release of claims.

Is Catherine Sullivan’s termination related to any policy violation at NCMI?

National CineMedia states that Catherine Sullivan’s termination of employment is not the result of a violation of any company policy.

What type of filing did National CineMedia use to disclose Catherine Sullivan’s departure?

National CineMedia disclosed Catherine Sullivan’s departure in a Form 8-K under the item covering departure or appointment of directors and certain officers and compensatory arrangements.