Director Nicholas Bell awarded 32,346 RSUs at National CineMedia (NCMI)

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

National CineMedia, Inc. disclosed that director Nicholas Bell received a grant of 32,346 restricted stock units (RSUs) on May 7, 2026. Each RSU represents the right to receive one share of National CineMedia common stock.

The RSUs are scheduled to vest on May 7, 2027, if Bell continues to serve as a director through that date. After vesting, the RSUs will convert into common shares and those shares will be delivered to him. Following this award, his reported RSU holdings under this grant total 32,346 units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Bell Nicholas

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	32,346	$0.00	--

Holdings After Transaction: Restricted Stock Units — 32,346 shares (Direct, null)

Footnotes (1)

Each restricted stock unit represents the right to receive one share of the Issuer's common stock. The restricted stock units are scheduled to vest on May 7, 2027, provided the reporting person continues to be a director of the Issuer on that date. The restricted stock units will convert to shares of the Issuer's common stock and the shares will be delivered to the reporting person as soon as practicable following the vesting date.

Key Figures

RSU grant size: 32,346 units Underlying shares: 32,346 shares Vesting date: May 7, 2027 +1 more

4 metrics

RSU grant size 32,346 units Restricted stock units granted on May 7, 2026

Underlying shares 32,346 shares Common stock issuable upon RSU vesting

Vesting date May 7, 2027 RSUs vest if directorship continues through this date

Shares following transaction 32,346 units Total RSUs held from this grant after award

Key Terms

Restricted Stock Units, vest, common stock

3 terms

Restricted Stock Units financial

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

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.

vest financial

"The restricted stock units are scheduled to vest on May 7, 2027, provided the reporting person continues to be a director"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

common stock financial

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

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

05/11/2026 - 04:53 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Bell Nicholas

(Last)

(First)

(Middle)

C/O NATIONAL CINEMEDIA, INC.

6300 S. SYRACUSE WAY

(Street)

CENTENNIAL

COLORADO

80111

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	05/07/2026		A		32,346		⁽²⁾	⁽²⁾	Common Stock	32,346	$0	32,346	D

Explanation of Responses:

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

2. The restricted stock units are scheduled to vest on May 7, 2027, provided the reporting person continues to be a director of the Issuer on that date. The restricted stock units will convert to shares of the Issuer's common stock and the shares will be delivered to the reporting person as soon as practicable following the vesting date.

	/s/ Laura Anne Kenwick, as attorney-in-fact	05/11/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Nicholas Bell receive in this National CineMedia (NCMI) Form 4 filing?

Nicholas Bell received a grant of 32,346 restricted stock units from National CineMedia. These RSUs are a form of equity compensation that can convert into common shares if specified vesting conditions are met over time.

When do Nicholas Bell’s 32,346 National CineMedia (NCMI) RSUs vest?

The 32,346 restricted stock units are scheduled to vest on May 7, 2027. Vesting requires that Nicholas Bell continues serving as a director through that date; only then will the units convert into deliverable common shares.

How many National CineMedia (NCMI) shares can Nicholas Bell receive from this RSU grant?

Each restricted stock unit represents the right to receive one share of National CineMedia common stock. If all 32,346 RSUs vest, Nicholas Bell would receive 32,346 shares of common stock following conversion and delivery.

Is Nicholas Bell buying or selling National CineMedia (NCMI) stock in this Form 4?

This Form 4 shows an acquisition through an equity award, not an open-market trade. Nicholas Bell received 32,346 restricted stock units as compensation, with no reported purchases or sales of National CineMedia shares in the market.

What conditions apply to Nicholas Bell’s National CineMedia (NCMI) RSU award?

The RSUs vest only if Nicholas Bell remains a director of National CineMedia through May 7, 2027. After vesting, the units convert into common stock, and the resulting shares are delivered as soon as practicable thereafter.