National CineMedia, Inc. SEC filings document the company’s cinema advertising business, its role as managing member of National CineMedia, LLC, and public-company governance matters. Form 8-K filings report operating results, financial-condition updates, Regulation FD disclosures, completed acquisition activity, and amendments to prior event reports.
The company’s proxy and governance filings cover annual meeting matters, director elections, executive compensation, board structure, and shareholder voting items. Other filings address board appointments, executive departures, compensatory arrangements, bylaw amendments, director-count changes, indemnification arrangements, and related corporate governance disclosures under Nasdaq-listed issuer requirements.
National CineMedia, Inc. reported Q1 2026 revenue of $34.0 million, slightly below $34.9 million a year earlier, while attendance rose to 83.2 million from 72.3 million screens across 18,871 screens. Net loss narrowed modestly to $28.6 million from $30.7 million, or $(0.31) per share.
Operating loss widened to $26.9 million as network and theater fees increased, and Adjusted OIBDA declined to $(10.5 million), a margin of (30.9%). However, cash generation improved: net cash provided by operating activities rose to $18.1 million from $6.0 million, lifting cash and restricted cash to $51.6 million as of April 2, 2026.
The company launched a 2026 Transformation Initiative, cutting 9.3% of its workforce, accruing $2.6 million of vendor termination fees, and recording $1.0 million of severance and $1.1 million of consulting costs in the quarter. NCM also integrated its November 2025 Spotlight acquisition, which contributed $1.6 million of revenue and a $0.6 million net loss, maintained modest revolver borrowings of $12.0 million under its 2025 Credit Facility, and continued returning capital through a $0.03 per share dividend and share repurchases.
National CineMedia, Inc. reported fiscal first quarter 2026 revenue of $34.0 million, down 2.6% from $34.9 million a year earlier, as it managed typical seasonality and Olympic-related competition. Operating loss widened to $26.9 million, while net loss improved slightly to $28.6 million, or $0.31 per diluted share, compared with a $30.7 million loss, or $0.32 per share, in 2025.
Adjusted OIBDA was a loss of $10.5 million versus a $9.0 million loss a year ago. The company implemented an operational transformation targeting $11.0 million in annualized cost savings, has realized about $3.0 million to date, and expects up to $6.0 million in savings in 2026. Total attendance rose to 83.2 million from 72.3 million, and cash and equivalents increased to $51.6 million as of April 2, 2026.
The board declared a $0.03 per share cash dividend (about $2.8 million), payable June 4, 2026, to stockholders of record on May 22, 2026. For Q2 2026, NCM LLC expects revenue of $57.0–$63.0 million and Adjusted OIBDA between $1.0 million and $5.0 million. At the annual meeting, stockholders elected all director nominees, approved advisory executive compensation, and ratified Grant Thornton LLP as independent auditors.
Sadie Mark James van Lill reported acquisition or exercise transactions in this Form 4 filing.
National CineMedia, Inc. reported that director Sadie Mark James van Lill received a grant of 32346.0000 restricted stock units, each representing one share of common stock. These units are scheduled to vest on May 7, 2027, if she continues to serve as a director, after which shares will be delivered.
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.
National CineMedia, Inc. filed an initial insider ownership report for director Sadie Mark James van Lill on Form 3. The data provided shows no reported transactions, no shareholdings and no derivative positions for this reporting person in this filing.
HILL JULIANA F reported acquisition or exercise transactions in this Form 4 filing.
National CineMedia, Inc. director Juliana F. Hill received a grant of 32,346 restricted stock units on May 7, 2026. Each unit represents one share of common stock and is scheduled to vest on May 7, 2027, subject to her continued board service, leaving her with 32,346 RSUs reported following the grant.
Campbell Kotzman Kelly reported acquisition or exercise transactions in this Form 4 filing.
National CineMedia, Inc. director Campbell Kotzman Kelly received a grant of 32,346 restricted stock units as equity compensation. Each unit represents one share of common stock. All 32,346 RSUs are scheduled to vest on May 7, 2027, if Kelly remains a director through that date.
After this grant, Kelly’s reported derivative holdings from this award total 32,346 underlying shares of common stock, which will be delivered as soon as practicable after vesting.
National CineMedia, Inc. disclosed that director Nicholas Bell received a grant of 32,346 restricted stock units (RSUs) on May 7, 2026. Each RSU represents the right to receive one share of National CineMedia common stock.
The RSUs are scheduled to vest on May 7, 2027, if Bell continues to serve as a director through that date. After vesting, the RSUs will convert into common shares and those shares will be delivered to him. Following this award, his reported RSU holdings under this grant total 32,346 units.
Glazek David Edward reported acquisition or exercise transactions in this Form 4 filing.
National CineMedia, Inc. director David Edward Glazek received a grant of 32,346 restricted stock units. Each unit represents one share of common stock and is scheduled to vest on May 7, 2027, if he remains a director. Following this award, he holds 32,346 RSUs directly.
National CineMedia, Inc. Chief Legal Officer Maria VG Woods reported routine equity compensation activity involving restricted stock units and related tax sales. On May 1, 2026, 11,799 restricted stock units were exercised, delivering the same number of common shares at a stated price of $0.0000 per share. A related derivative entry shows the RSU position going to zero as those units converted into common stock.
On May 4, 2026, Woods sold 5,509 shares of common stock at an average price of $3.4464 per share. Footnote disclosure states this sale was made on the open market to satisfy tax obligations arising from the RSU vesting, pursuant to the award agreement terms, rather than as a discretionary portfolio trade. After these transactions, Woods directly holds 149,387 shares of National CineMedia common stock.