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National CineMedia (NCMI) director receives 32,346 restricted stock units as equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

National CineMedia, Inc. director Joe Marchese received a grant of 32,346 restricted stock units on May 7, 2026 as equity compensation. Each unit represents one share of common stock at a grant price of $0.00 per unit, reflecting a non-cash award rather than a market purchase.

The 32,346 restricted stock units are scheduled to vest on May 7, 2027, if he continues to serve as a director through that date. After vesting, the units will convert into 32,346 shares of National CineMedia common stock, which will then be delivered to him. Following this award, his reported holdings in these units total 32,346.

Positive

  • None.

Negative

  • None.
Insider MARCHESE JOE
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)
  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.
RSUs granted 32,346 units Restricted stock unit award on May 7, 2026
Grant price $0.00 per unit Equity compensation, non-cash award
Underlying shares 32,346 shares Common stock represented by RSUs
Post-grant holdings 32,346 units Total restricted stock units following transaction
Vesting date May 7, 2027 RSUs vest if directorship continues to that date
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.
grant/award acquisition financial
"transaction_action: grant/award acquisition associated with the RSU grant."
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.
derivative securities financial
"The restricted stock units are derivative securities that will convert to shares of the Issuer's common stock."
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
MARCHESE JOE
(Last)(First)(Middle)
C/O NATIONAL CINEMEDIA, INC.
(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)
XDirector10% 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)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/07/2026A32,346 (2) (2)Common Stock32,346$032,346D
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-fact05/11/2026
** Signature of Reporting PersonDate
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 Joe Marchese report in this Form 4 for NCMI?

Joe Marchese reported receiving 32,346 restricted stock units in National CineMedia, Inc. This is an equity compensation grant, not an open-market stock purchase or sale, and reflects additional potential common stock he may receive if vesting conditions are met.

How many restricted stock units did Joe Marchese receive from National CineMedia (NCMI)?

He received 32,346 restricted stock units from National CineMedia, Inc. Each unit represents the right to receive one share of common stock, giving him potential future ownership of 32,346 shares if all units vest and convert as scheduled.

When do Joe Marchese’s NCMI restricted stock units vest?

The restricted stock units are scheduled to vest on May 7, 2027. Vesting requires that Joe Marchese continues to serve as a director of National CineMedia, Inc. through that date, after which shares will be delivered as soon as practicable.

Is Joe Marchese buying or selling National CineMedia (NCMI) shares in this Form 4?

He is not buying or selling shares on the open market in this Form 4. Instead, he is receiving a grant of 32,346 restricted stock units as compensation, which may later convert into common shares if the vesting condition is satisfied.

How many National CineMedia (NCMI) shares could Joe Marchese receive from this grant?

This grant could convert into 32,346 shares of National CineMedia common stock. Each restricted stock unit equals one share, and the shares will be delivered after the units vest on May 7, 2027, assuming he remains a director until that date.

What are Joe Marchese’s reported holdings after this NCMI Form 4 transaction?

After this transaction, his reported holdings in the awarded restricted stock units total 32,346. These units are derivative securities that will convert into the same number of National CineMedia common shares upon vesting and subsequent settlement according to the grant terms.