National CineMedia (NCMI) CLO vests RSUs and sells shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
National CineMedia, Inc. Chief Legal Officer Maria VG Woods reported compensation-related stock activity involving restricted stock units and common shares. On June 30, 2026, restricted stock units converted into 25,833 shares of common stock at a price of $0.00 per share upon vesting. On July 2, 2026, she sold 12,058 shares of common stock at an average price of $3.7724 per share, with the footnotes explaining this sale was made on the open market to cover tax obligations from the vesting. Following these transactions, she directly holds 163,162 shares of National CineMedia common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,058 shares ($45,488)
Net Sell
3 txns
Insider
Woods Maria VG
Role
Chief Legal Officer
Sold
12,058 shs ($45K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,058 | $3.7724 | $45K |
| Exercise | Restricted Stock Units | 25,833 | $0.00 | -- |
| Exercise | Common Stock | 25,833 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 163,162 shares (Direct);
Restricted Stock Units — 0 shares (Direct)
Footnotes (1)
- Represents acquisition of common stock upon vesting of restricted stock units. Represents the sale of securities on the open market to satisfy the tax obligation upon the vesting of restricted stock units pursuant to the terms of the award agreement. Each restricted stock unit represents the right to receive one share of the Issuer's common stock.
Key Figures
RSUs converted: 25,833 shares
Sale volume: 12,058 shares
Sale price: $3.7724 per share
+2 more
5 metrics
RSUs converted
25,833 shares
Restricted stock units vested into common stock on June 30, 2026
Sale volume
12,058 shares
Common stock sold on July 2, 2026
Sale price
$3.7724 per share
Average price for July 2, 2026 open-market sale
Post-transaction holdings
163,162 shares
Direct common stock held after reported transactions
RSU conversion price
$0.00 per share
Conversion of RSUs into common stock on June 30, 2026
Key Terms
Restricted Stock Units, open market, derivative security
3 terms
Restricted Stock Units financial
"security_title": "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
open market financial
"sale of securities on the open market to satisfy the tax obligation"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did NCMI Chief Legal Officer Maria VG Woods report?
Maria VG Woods reported RSU vesting into common stock and a related share sale. RSUs converted into 25,833 common shares, and 12,058 shares were sold to cover tax obligations arising from the vesting event.
What did the RSU transaction for NCMI’s Chief Legal Officer involve?
The RSU transaction involved 25,833 restricted stock units converting into an equal number of common shares. Each restricted stock unit represented the right to receive one share of National CineMedia common stock upon vesting, at a conversion price of $0.00 per share.
Does the Form 4 show any remaining derivative or RSU holdings for NCMI’s Chief Legal Officer?
The derivative summary in the Form 4 is empty, and the RSU line shows zero units remaining. This indicates the reported restricted stock units were fully converted into common shares as of the June 30, 2026 vesting date.