National CineMedia, Inc. (NCMI) CEO sells stock after RSU vesting to cover taxes
Rhea-AI Filing Summary
National CineMedia, Inc. CEO Thomas F. Lesinski reported equity compensation activity and a related tax sale. On July 31, 2026, 74560.0000 restricted stock units vested and were converted into an equal number of common shares at $0.0000 per share. On August 3, 2026, he sold 50623.0000 common shares at $4.1832 per share in open‑market transactions to satisfy tax obligations under the award agreement.
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Insights
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Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Lesinski Thomas F.
Role
Chief Executive Officer
Sold
50,623 shs ($212K)
Approx. gross sale proceeds
$212K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 50,623 | $4.1832 | $212K |
| Exercise | Restricted Stock Units F3 | 74,560 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 74,560 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 550,661 shares (Direct)
Footnotes (3)
- F1. Represents acquisition of common stock upon vesting of restricted stock units.
- F2. Represents the sale of securities on the open market to satisfy the tax obligation upon the vesting of restricted stock units pursuant to the terms of the award agreement.
- F3. Each restricted stock unit represents the right to receive one share of the Issuer's common stock.
Key Figures
Common shares sold: 50623.0000 shares
Sale price: $4.1832 per share
RSUs vested and converted: 74560.0000 units/shares
+1 more
4 metrics
Common shares sold
50623.0000 shares
Sale of common stock on 2026-08-03 to satisfy tax obligations
Sale price
$4.1832 per share
Average price for common shares sold on 2026-08-03
RSUs vested and converted
74560.0000 units/shares
Restricted stock units vested and converted into common stock on 2026-07-31
RSU conversion price
$0.0000 per unit
Each restricted stock unit converted into one common share at no cash cost
Key Terms
Restricted Stock Units, tax obligation, open market
3 terms
Restricted Stock Units financial
"Represents acquisition of common stock upon vesting of restricted stock units."
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.
tax obligation financial
"sale of securities on the open market to satisfy the tax obligation upon the vesting"
open market financial
"Represents the sale of securities on the open market to satisfy the tax obligation"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity transactions did NCMI CEO Thomas F. Lesinski report?
Lesinski reported vesting of 74560.0000 restricted stock units into common stock on July 31, 2026, and a related sale of 50623.0000 common shares on August 3, 2026, to cover tax obligations tied to that vesting.
What happened to the restricted stock units held by the NCMI CEO?
On July 31, 2026, 74560.0000 restricted stock units vested and were converted into 74560.0000 common shares of National CineMedia at a conversion price of $0.0000 per share, consistent with each unit representing one share of common stock.
Were the NCMI CEO’s stock sales made under a Rule 10b5-1 trading plan?
The filing indicates the transactions were not made under a Rule 10b5-1 plan. The Rule 10b5‑1 checkbox is unchecked, and a footnote states the August 3, 2026 sales were executed to satisfy tax obligations from restricted stock unit vesting.