National CineMedia (NCMI) director gains 14,026 shares from RSU vesting

Rhea-AI Filing Summary

National CineMedia, Inc. director Campbell Kotzman Kelly reported acquiring shares through the vesting of equity awards. On February 27, 2026, 14,026 restricted stock units were exercised or converted, resulting in the acquisition of 14,026 shares of common stock at a stated price of $0.00 per share. Each restricted stock unit represented the right to receive one share of common stock, so this filing reflects equity compensation vesting rather than an open-market purchase or sale.

Insider Trade Summary

14,026 shares exercised/converted

Mixed 2 txns

Insider Campbell Kotzman Kelly

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	14,026	$0.00	--
Exercise	Common Stock	14,026	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 14,026 shares (Direct)

Footnotes (1)

1. Represents acquisition of common stock upon vesting of restricted stock units. Each restricted stock unit represents the right to receive one share of the Issuer's common stock.

Form 4 Insider Transactions: What Each Field Means →

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^*

Campbell Kotzman Kelly

(Last) (First) (Middle)

C/O NATIONAL CINEMEDIA, INC.

6300 S. SYRACUSE WAY

(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		14,026(1)	A	$0	14,026	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			14,026	02/27/2026	02/27/2026	Common Stock	14,026	$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).
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.

FAQ

What insider transaction did National CineMedia (NCMI) report for Campbell Kotzman Kelly?

National CineMedia reported that director Campbell Kotzman Kelly acquired 14,026 shares of common stock through equity award vesting. The filing shows restricted stock units were exercised or converted into common shares, reflecting compensation vesting rather than an open-market trade.

How many National CineMedia (NCMI) shares were acquired in this Form 4 filing?

The Form 4 shows the acquisition of 14,026 shares of National CineMedia common stock. These shares came from the exercise or conversion of 14,026 restricted stock units, with each unit representing the right to receive one share of common stock upon vesting.

Was the National CineMedia (NCMI) director’s Form 4 transaction a market purchase or sale?

The transaction was not a market purchase or sale. It reflects the exercise or conversion of restricted stock units into common stock, recorded at a stated price of $0.00 per share, consistent with the vesting of equity compensation awards.

What does the restricted stock unit conversion mean for National CineMedia (NCMI) shares?

The conversion indicates 14,026 restricted stock units vested into 14,026 common shares. Each unit represented one share of National CineMedia common stock, so the insider’s equity-based compensation shifted from derivative form into directly held common shares.

What role does Campbell Kotzman Kelly hold at National CineMedia (NCMI)?

Campbell Kotzman Kelly is identified as a director of National CineMedia, Inc. The Form 4 filing shows this director receiving 14,026 shares of common stock upon the vesting and conversion of restricted stock units granted as part of equity compensation.

How were the National CineMedia (NCMI) restricted stock units structured in this Form 4?

Each restricted stock unit represented the right to receive one share of National CineMedia common stock. When 14,026 restricted stock units vested and were exercised or converted, they resulted in 14,026 shares of common stock being acquired at a stated price of $0.00 per share.