National CineMedia (NCMI) CEO receives multi‑year restricted stock unit grant
Rhea-AI Filing Summary
Lesinski Thomas F. reported acquisition or exercise transactions in this Form 4 filing.
National CineMedia, Inc. director and Chief Executive Officer Thomas F. Lesinski reported receiving a grant of restricted stock units. Each unit represents the right to receive one share of the company’s common stock and is scheduled to vest in three equal annual installments beginning on February 27, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lesinski Thomas F.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 140,449 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 140,449 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents the right to receive one share of the Issuer's common stock. Represents 140,499 shares of restricted stock units that will vest in three equal annual installments beginning on February 27, 2027.
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FAQ
What insider transaction did National CineMedia (NCMI) disclose for Thomas F. Lesinski?
National CineMedia disclosed that CEO and director Thomas F. Lesinski received a grant of restricted stock units. These units are a form of equity compensation that convert into shares of common stock as they vest over time, aligning his interests with long-term shareholder value.
What are the key terms of the National CineMedia (NCMI) restricted stock units granted to the CEO?
The award consists of restricted stock units, each representing one share of National CineMedia common stock. The units vest in three equal annual installments starting February 27, 2027, providing a multi‑year incentive structure tied to continued service and long‑term company performance.
When will the National CineMedia (NCMI) CEO’s restricted stock units begin vesting?
The restricted stock units granted to National CineMedia’s CEO are scheduled to begin vesting on February 27, 2027. Vesting occurs in three equal annual installments from that date, gradually delivering shares over several years, contingent on the applicable vesting conditions being satisfied.
Did the National CineMedia (NCMI) CEO pay a purchase price for the restricted stock units?
The Form 4 shows a transaction price per restricted stock unit of $0.00. This indicates the units were granted as compensation rather than purchased in the market, a common structure for long‑term incentive awards to senior executives and directors in public companies.
What does this Form 4 filing imply about insider activity at National CineMedia (NCMI)?
The Form 4 reflects an equity compensation grant to National CineMedia’s CEO, not an open‑market share purchase or sale. It indicates additional incentive-based alignment with shareholders rather than a change in his stake from discretionary trading activity in the company’s stock.