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Reading International (RDI) awards 42,530 RSUs to U.S. Cinemas president

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

Rhea-AI Filing Summary

READING INTERNATIONAL INC President - U.S. Cinemas Robert F. Smerling received a grant of 42,530 Restricted Stock Units on April 27, 2026. Each unit represents one share of Class A Non-Voting Common Stock and was granted at no cash cost, vesting in full on April 27, 2027.

Following this filing, Smerling directly holds 109,945 shares of Class A Non-Voting Common Stock and 42,530 RSUs that will convert into the same class of stock when they vest.

Positive

  • None.

Negative

  • None.
Insider SMERLING ROBERT F
Role President - U.S. Cinemas
Type Security Shares Price Value
Grant/Award Restricted Stock Units 42,530 $0.00 --
holding Class A Non-Voting Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 42,530 shares (Direct, null); Class A Non-Voting Common Stock — 109,945 shares (Direct, null)
Footnotes (1)
  1. Each Restricted Stock Unit represents the contingent right to receive one share of Class A Non-Voting Common Stock upon vesting of the unit. Restricted stock units granted pursuant to the Company's 2020 Stock Incentive Plan and will fully vest on April 27, 2027.
RSUs granted 42,530 units Restricted Stock Units granted April 27, 2026
Underlying shares per RSU 1 share Each RSU equals one Class A Non-Voting share upon vesting
RSU vesting date April 27, 2027 Full vesting date for the 42,530 RSUs
Direct Class A shares held 109,945 shares Class A Non-Voting Common Stock held directly after reported transactions
Restricted Stock Units financial
"Each Restricted Stock Unit represents the contingent right to receive one share of Class A Non-Voting Common Stock upon vesting of the unit."
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.
Class A Non-Voting Common Stock financial
"Each Restricted Stock Unit represents the contingent right to receive one share of Class A Non-Voting Common Stock upon vesting of the unit."
2020 Stock Incentive Plan financial
"Restricted stock units granted pursuant to the Company's 2020 Stock Incentive Plan and will fully vest on April 27, 2027."
contingent right financial
"Each Restricted Stock Unit represents the contingent right to receive one share of Class A Non-Voting Common Stock upon vesting of the unit."
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*
SMERLING ROBERT F
(Last)(First)(Middle)
189 SECOND AVENUE
SUITE 2S
(Street)
NEW YORK NEW YORK 10003
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
READING INTERNATIONAL INC [ RDI ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President - U.S. Cinemas
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/27/2026		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
Class A Non-Voting Common Stock109,945D
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)04/27/2026A42,530 (2) (2)Class A Non-Voting Common Stock42,530$042,530D
Explanation of Responses:
1. Each Restricted Stock Unit represents the contingent right to receive one share of Class A Non-Voting Common Stock upon vesting of the unit.
2. Restricted stock units granted pursuant to the Company's 2020 Stock Incentive Plan and will fully vest on April 27, 2027.
/s/ Robert F. Smerling04/29/2026
** 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 insider transaction did RDI executive Robert F. Smerling report?

Robert F. Smerling reported receiving a grant of 42,530 Restricted Stock Units. These units are tied to Reading International’s Class A Non-Voting Common Stock and were awarded as equity compensation rather than bought in the open market.

How many RSUs did RDI grant to Robert F. Smerling and what do they represent?

Reading International granted 42,530 Restricted Stock Units to Robert F. Smerling. Each RSU represents a contingent right to receive one share of Class A Non-Voting Common Stock, aligning his compensation with the company’s future share performance.

When do Robert F. Smerling’s RDI Restricted Stock Units vest?

The 42,530 Restricted Stock Units granted to Robert F. Smerling fully vest on April 27, 2027. Once vested, each unit converts into one share of Reading International’s Class A Non-Voting Common Stock, increasing his direct equity-based interest.

What is Robert F. Smerling’s direct Class A share holding in RDI after this filing?

After this filing, Robert F. Smerling directly holds 109,945 shares of Reading International’s Class A Non-Voting Common Stock. This holding figure is separate from the 42,530 RSUs, which will convert into additional shares only after vesting.

Was the RDI RSU grant to Robert F. Smerling an open-market purchase or compensation award?

The 42,530-unit transaction is a compensation award, not an open-market purchase. The Form 4 labels the transaction with code “A,” indicating a grant or award, and the units were issued under Reading International’s 2020 Stock Incentive Plan.

Under which plan were Robert F. Smerling’s RDI Restricted Stock Units granted?

Robert F. Smerling’s 42,530 Restricted Stock Units were granted under Reading International’s 2020 Stock Incentive Plan. This plan provides equity-based compensation, with the RSUs converting into Class A Non-Voting Common Stock after they fully vest in 2027.