National CineMedia (NCMI) CEO vests 103,333 RSUs, sells shares for tax
Rhea-AI Filing Summary
National CineMedia, Inc. CEO Thomas F. Lesinski reported routine equity compensation activity. On June 30, 2026, 103,333 restricted stock units vested, converting into the same number of common shares. Each unit represents one common share, and this vesting is compensation-related.
To cover tax obligations arising from the vesting, 70,168 common shares were sold on the open market at an average price of $3.7724 per share as described in the footnotes. After these transactions, Lesinski directly holds 526,724 common shares, indicating he retained a substantial equity position following the tax-related sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 70,168 shares ($264,702)
Net Sell
3 txns
Insider
Lesinski Thomas F.
Role
Chief Executive Officer
Sold
70,168 shs ($265K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 70,168 | $3.7724 | $265K |
| Exercise | Restricted Stock Units | 103,333 | $0.00 | -- |
| Exercise | Common Stock | 103,333 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 526,724 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 vested: 103,333 units
Shares sold: 70,168 shares
Sale price: $3.7724 per share
+1 more
4 metrics
RSUs vested
103,333 units
Restricted stock units converted to common stock on June 30, 2026
Shares sold
70,168 shares
Common shares sold in open market to satisfy tax obligations
Sale price
$3.7724 per share
Average price for tax-related share sale
Shares held after
526,724 shares
Direct common stock ownership following all reported transactions
Key Terms
Restricted Stock Units, derivative security, open market
3 terms
Restricted Stock Units financial
"Represents acquisition of common stock upon vesting of 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.
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.
open market financial
"Represents the 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did NCMI CEO Thomas F. Lesinski report?
Thomas F. Lesinski reported RSU vesting and a related share sale. 103,333 restricted stock units vested into common stock, and 70,168 shares were sold to satisfy tax obligations tied to that vesting under the award agreement.
How many RSUs vested for the NCMI CEO in this Form 4 filing?
A total of 103,333 restricted stock units vested for the CEO. Each restricted stock unit converted into one share of National CineMedia common stock, reflecting compensation earned under the company’s equity award program.
What does each restricted stock unit represent in the NCMI CEO’s grant?
Each restricted stock unit represents one share of common stock. When 103,333 RSUs vested, they converted into 103,333 National CineMedia common shares, consistent with the one-for-one structure described in the Form 4 footnotes.