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.

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

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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^*

Lesinski Thomas F.

(Last) (First) (Middle)

C/O NATIONAL CINEMEDIA, INC.

(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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

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

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	(1)	02/27/2026		A		140,449		(2)	(2)	Common Stock	140,449	$0	140,449	D

Explanation of Responses:

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

2. Represents 140,499 shares of restricted stock units that will vest in three equal annual installments beginning on February 27, 2027.

	/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.
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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.

How do the National CineMedia (NCMI) restricted stock units convert into shares?

Each restricted stock unit granted to the National CineMedia CEO represents the right to receive one share of common stock. When vesting conditions are met on each vesting date, the corresponding units settle into shares, increasing his direct equity ownership in the company.

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.