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  4. [Form 4] READING INTERNATIONAL INC Insider Trading Activity

Reading International (RDI) awards 111,344 RSUs to its CFO

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

Rhea-AI Filing Summary

Avanes Gilbert reported acquisition or exercise transactions in this Form 4 filing.

Reading International Inc. reported that EVP, CFO & Treasurer Gilbert Avanes received a grant of 111,344 Restricted Stock Units of Class A Non-Voting Common Stock. Each unit represents the right to receive one share upon vesting and was granted at a price of $0.00 per unit.

The Restricted Stock Units were granted under the company’s 2020 Stock Incentive Plan and will fully vest on April 27, 2027. Following this filing, Avanes also holds 134,386 shares of Class A Non-Voting Common Stock directly. The filing shows a compensation-related award, not an open-market purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Avanes Gilbert
Role EVP, CFO & Treasurer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 111,344 $0.00 --
holding Class A Non-Voting Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 111,344 shares (Direct, null); Class A Non-Voting Common Stock — 134,386 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 111,344 units Restricted Stock Units granted to EVP, CFO & Treasurer Gilbert Avanes
RSU grant price $0.00 per unit Grant of 111,344 Restricted Stock Units
RSU vesting date April 27, 2027 Restricted Stock Units under 2020 Stock Incentive Plan
Underlying shares per RSU 1 share per unit Each RSU converts into one share of Class A Non-Voting Common Stock
Direct share holdings 134,386 shares Class A Non-Voting Common Stock held directly after transaction
Restricted Stock Units financial
"Restricted Stock Units represents the contingent right to receive one share"
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
"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"
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*
Avanes Gilbert
(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)
EVP, CFO & Treasurer
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 Stock134,386D
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)04/27/2026A111,344 (2) (2)Class A Non-Voting Common Stock111,344$0111,344D
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/ Gilbert Avanes04/29/2026
** 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 Reading International (RDI) report for Gilbert Avanes?

Reading International reported a grant of 111,344 Restricted Stock Units to EVP, CFO & Treasurer Gilbert Avanes. These units are a stock-based compensation award, not an open-market trade, and convert into Class A Non-Voting Common Stock when they vest.

How many Restricted Stock Units did Reading International (RDI) grant to its CFO?

The CFO, Gilbert Avanes, was granted 111,344 Restricted Stock Units. Each unit gives him the contingent right to receive one share of Class A Non-Voting Common Stock upon vesting, providing additional equity-based compensation tied to Reading International’s stock.

When do the granted Restricted Stock Units for Reading International (RDI) CFO vest?

The granted Restricted Stock Units will fully vest on April 27, 2027. Vesting means the units convert into shares of Class A Non-Voting Common Stock, giving the CFO actual ownership of those shares at that future date.

What is the relationship between Reading International (RDI) RSUs and Class A Non-Voting Common Stock?

Each Restricted Stock Unit represents the right to receive one share of Class A Non-Voting Common Stock upon vesting. This 1:1 conversion links the executive’s compensation directly to the company’s equity performance over the vesting period.

How many Reading International (RDI) Class A Non-Voting shares does Gilbert Avanes hold after this filing?

After the reported transactions, Gilbert Avanes holds 134,386 shares of Class A Non-Voting Common Stock directly. This figure reflects his existing share position and is separate from the 111,344 Restricted Stock Units that will vest in the future.