Director Joe Marchese acquires 18,210 NCMI shares via RSU vesting

Rhea-AI Filing Summary

National CineMedia, Inc. director Joe Marchese reported an acquisition of shares through an equity award vesting. On February 27, 2026, 18,210 restricted stock units were converted at $0.00 per unit into 18,210 shares of common stock. Following this transaction, Marchese held 70,875 shares of National CineMedia common stock directly.

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

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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^*

MARCHESE JOE

(Last) (First) (Middle)

C/O NATIONAL CINEMEDIA, INC.

(Street)

CENTENNIAL CO 80111

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
National CineMedia, Inc. [ NCMI ]

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)
02/27/2026

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 Stock	02/27/2026		M		18,210(1)	A	$0	70,875	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
Restricted Stock Units	(2)	02/27/2026		M			18,210	02/27/2026	02/27/2026	Common Stock	18,210	$0	0	D

Explanation of Responses:

1. Represents acquisition of common stock upon vesting of restricted stock units.

2. Each restricted stock unit represents the right to receive one share of the Issuer's common stock.

	/s/ Laura Anne Kenwick, as attorney-in-fact	03/03/2026
	** 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).
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FAQ

What insider transaction did Joe Marchese report for NCMI?

Joe Marchese reported acquiring common shares of National CineMedia, Inc. (NCMI) through an equity award vesting. On February 27, 2026, restricted stock units converted into common stock, increasing his directly held share count reported in the filing.

How many National CineMedia shares did Joe Marchese acquire in this Form 4?

Joe Marchese acquired 18,210 shares of National CineMedia common stock. These shares came from the vesting and conversion of an equal number of restricted stock units, with each unit representing the right to receive one share of common stock.

What happened to Joe Marchese’s restricted stock units in the NCMI filing?

The filing shows 18,210 restricted stock units were exercised or converted on February 27, 2026. After this conversion, the reported balance of restricted stock units was zero, reflecting their full vesting into common stock on that date.

What is Joe Marchese’s National CineMedia share ownership after the transaction?

After the reported transaction, Joe Marchese directly owned 70,875 shares of National CineMedia common stock. This total reflects his holdings immediately following the conversion of 18,210 restricted stock units into common stock on February 27, 2026.

Was Joe Marchese’s NCMI transaction an open-market stock purchase or sale?

The transaction was not an open-market buy or sell. It is labeled as an exercise or conversion of derivative securities, where restricted stock units vested and converted into common stock at a reported price of $0.00 per share.

How are the restricted stock units described in the National CineMedia Form 4?

Each restricted stock unit is described as representing the right to receive one share of National CineMedia common stock. Upon vesting, those units converted into the same number of common shares, as reflected in the February 27, 2026 transaction.