Reading International (RDI) VP RSUs vest; shares withheld for taxes

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Reading International VP, Controller & CAO Steven John Lucas exercised 9,445 Restricted Stock Units into Class A Non-Voting Common Stock on April 11, 2026. The same 9,445 shares were withheld to cover tax obligations, a non-market disposition, leaving his direct holdings at 28,406 shares.

Following the vesting, he also retains 4,354 Restricted Stock Units. The vested units are part of a previously reported 36,031-unit equity award granted on April 11, 2023 under the company’s 2020 Stock Incentive Plan.

Insider Trade Summary

9,445 shares exercised/converted

Mixed 2 txns

Insider Lucas Steven John

Role VP, Controller & CAO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	9,445	$0.00	--
Tax Withholding	Class A Non-Voting Common Stock	9,445	$0.00	--

Holdings After Transaction: Restricted Stock Units — 4,354 shares (Direct); Class A Non-Voting Common Stock — 28,406 shares (Direct)

Footnotes (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. As previously reported, a total of 36,031 restricted stock units were granted on April 11, 2023 pursuant to the Company's 2020 Stock Incentive Plan. Of that amount, (i) 17,419 restricted stock units vest in four equal annual installments on April 11, 2024, April 11, 2025, April 11, 2026 and April 11, 2027; (ii)12,806 restricted stock units vested on April 11, 2024; and (iii) 5,090 performance-based restricted stock units (PRSU) vested on April 11, 2026 based on the Compensation and Stock Option Committee certification of the performance level achieved.

Key Figures

RSUs exercised: 9,445 units Shares withheld for taxes: 9,445 shares Shares held after transaction: 28,406 shares +5 more

8 metrics

RSUs exercised 9,445 units Restricted Stock Units converted to Class A Non-Voting Common Stock on April 11, 2026

Shares withheld for taxes 9,445 shares Class A Non-Voting Common Stock withheld to satisfy tax obligations

Shares held after transaction 28,406 shares Direct holdings of Class A Non-Voting Common Stock following Form 4 events

RSUs remaining 4,354 units Restricted Stock Units outstanding after the reported exercise

Original RSU grant 36,031 units Restricted Stock Units granted April 11, 2023 under 2020 Stock Incentive Plan

Annual-installment RSUs 17,419 units Vest in four equal installments on April 11 of 2024–2027

Time-based RSUs vested 2024 12,806 units Restricted Stock Units vesting on April 11, 2024

Performance-based RSUs vested 2026 5,090 units PRSU vesting on April 11, 2026 upon certified performance

Key Terms

Restricted Stock Units, performance-based restricted stock units, 2020 Stock Incentive Plan, Class A Non-Voting Common Stock

4 terms

Restricted Stock Units financial

"Each Restricted Stock Unit represents the contingent right to receive one share of Class A Non-Voting 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.

performance-based restricted stock units financial

"5,090 performance-based restricted stock units (PRSU) vested on April 11, 2026"

Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.

2020 Stock Incentive Plan financial

"36,031 restricted stock units were granted on April 11, 2023 pursuant to the Company's 2020 Stock Incentive Plan"

Class A Non-Voting Common Stock financial

"receive one share of Class A Non-Voting Common Stock upon vesting of the unit"

Form 4 Insider Transactions: What Each Field Means →

04/14/2026 - 07:15 PM

SEC Form 4

FORM 4

UNITED 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^*

Lucas Steven John

(Last)

(First)

(Middle)

189 SECOND AVENUE

SUITE 2S

(Street)

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP, Controller & CAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Non-Voting Common Stock	04/11/2026		F⁽¹⁾		9,445	A	⁽¹⁾	28,406	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	04/11/2026		M			9,445	⁽²⁾	⁽²⁾	Class A Non-Voting Common Stock	9,445	$0	4,354	D

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. As previously reported, a total of 36,031 restricted stock units were granted on April 11, 2023 pursuant to the Company's 2020 Stock Incentive Plan. Of that amount, (i) 17,419 restricted stock units vest in four equal annual installments on April 11, 2024, April 11, 2025, April 11, 2026 and April 11, 2027; (ii)12,806 restricted stock units vested on April 11, 2024; and (iii) 5,090 performance-based restricted stock units (PRSU) vested on April 11, 2026 based on the Compensation and Stock Option Committee certification of the performance level achieved.

	/s/ Steve J. Lucas	04/14/2026
	** Signature of Reporting Person	Date
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 Steven John Lucas?

Reading International reported that VP, Controller & CAO Steven John Lucas exercised 9,445 Restricted Stock Units into Class A Non-Voting Common Stock. The same 9,445 shares were then withheld to satisfy tax obligations, making this a routine equity compensation and tax-settlement event rather than an open-market trade.

How many Reading International shares does Steven John Lucas hold after this Form 4?

After the reported transactions, Steven John Lucas directly holds 28,406 shares of Reading International Class A Non-Voting Common Stock. He also has 4,354 Restricted Stock Units remaining outstanding, providing additional potential future share delivery as those units vest under the company’s equity plan.

Were the 9,445 Reading International shares sold on the open market?

The 9,445 shares were not sold on the open market. They were withheld by the company to cover tax liabilities associated with the vesting and exercise of Restricted Stock Units, a common non-market mechanism that settles taxes without an investor-directed share sale.

What equity award is referenced in the Reading International (RDI) Form 4 footnotes?

The footnotes reference a previously reported grant of 36,031 Restricted Stock Units made on April 11, 2023 under the 2020 Stock Incentive Plan. Portions of this award vest annually and include 5,090 performance-based RSUs that vested on April 11, 2026 upon certified performance achievement.

How are the Reading International RSUs for Steven John Lucas scheduled to vest?

Of the 36,031 Restricted Stock Units granted April 11, 2023, 17,419 units vest in four equal annual installments on April 11 of 2024, 2025, 2026, and 2027. Additionally, 12,806 units vested on April 11, 2024, and 5,090 performance-based RSUs vested on April 11, 2026.