National CineMedia (NCMI) CEO sells 20,181 shares after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
National CineMedia, Inc. Chief Executive Officer Thomas F. Lesinski reported routine equity compensation activity. On May 1, 2026, he exercised 29,709 restricted stock units, receiving the same number of common shares at $0.00 per share upon vesting. A footnote explains that each unit converts into one common share.
On May 4, 2026, he sold 20,181 common shares in an open-market transaction at an average price of $3.4464 per share to satisfy tax obligations associated with the vesting, as described in the footnotes. After these transactions, he directly holds 568,559 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,181 shares ($69,552)
Net Sell
3 txns
Insider
Lesinski Thomas F.
Role
Chief Executive Officer
Sold
20,181 shs ($70K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,181 | $3.4464 | $70K |
| Exercise | Restricted Stock Units | 29,709 | $0.00 | -- |
| Exercise | Common Stock | 29,709 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 568,559 shares (Direct, null);
Restricted Stock Units — 0 shares (Direct, null)
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: 29,709 units
Shares sold: 20,181 shares
Sale price: $3.4464 per share
+2 more
5 metrics
RSUs vested
29,709 units
Restricted stock units converted to common stock on May 1, 2026
Shares sold
20,181 shares
Open-market sale on May 4, 2026 to satisfy tax obligation
Sale price
$3.4464 per share
Average price for 20,181 common shares sold on May 4, 2026
Post-transaction holdings
568,559 shares
Common stock directly held by CEO after reported transactions
RSU exercise price
$0.00 per unit
Conversion of 29,709 restricted stock units to common shares
Key Terms
Restricted Stock Units, Exercise or conversion of derivative security, Sale in open market or private transaction
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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Sale in open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
FAQ
What insider transactions did NCMI CEO Thomas Lesinski report on this Form 4?
Thomas F. Lesinski reported vesting of 29,709 restricted stock units on May 1, 2026 and an open-market sale of 20,181 common shares on May 4, 2026. These actions reflect routine equity compensation settlement and related tax transactions.
What happened to the 29,709 restricted stock units reported by NCMI’s CEO?
On May 1, 2026, 29,709 restricted stock units vested and were converted into the same number of National CineMedia common shares at $0.00 per share. A footnote states each restricted stock unit represents the right to receive one common share.