RDI CFO reports 12,058-share tax withholding

READING INTERNATIONAL INC executive Gilbert Avanes, EVP, CFO & Treasurer, reported a tax-related share disposition.

Accepted by SEC EDGAR 03/17/2026 - 03:15 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

READING INTERNATIONAL INC executive Gilbert Avanes, EVP, CFO & Treasurer, reported a tax-related share disposition. On Class A Non-Voting Common Stock, 12,058 shares were withheld by the company at a price of $1.075 per share to cover tax obligations tied to vesting restricted stock units. After this withholding transaction, Avanes directly holds 101,218 Class A Non-Voting Common shares. This event reflects routine tax withholding rather than an open-market trade.

Insider Trade Summary

Exercise Price or Tax Liability: 12,058 shares

Exercise Price or Tax Liability 1 txn

Insider Avanes Gilbert

Role EVP, CFO & Treasurer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Non-Voting Common Stock	12,058	$1.075	$13K

Holdings After Transaction: Class A Non-Voting Common Stock — 101,218 shares (Direct)

Footnotes (1)

1. F1. The reporting person is reporting the disposition of 12,058 shares of Class A Common Stock which shares were withheld by the issuer to cover the tax withholding obligations relating to the vesting of restricted stock units on April 5, 2025, April 11, 2025, and April 18, 2025 and the deferred delivery of the underlying Class A Common Stock.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did RDI executive Gilbert Avanes report on this Form 4?

Gilbert Avanes reported a tax-withholding disposition of 12,058 shares of Reading International Class A Non-Voting Common Stock. The shares were withheld by the issuer to satisfy tax obligations related to vesting restricted stock units and deferred delivery of underlying stock.

Was the RDI Form 4 transaction by Gilbert Avanes an open-market sale?

No, the Form 4 shows a tax-withholding disposition coded “F,” not an open-market sale. The 12,058 shares were withheld by Reading International to cover tax liabilities from restricted stock unit vesting and related deferred share delivery.

How many RDI shares does Gilbert Avanes hold after this Form 4 transaction?

After the reported transaction, Gilbert Avanes directly holds 101,218 shares of Reading International Class A Non-Voting Common Stock. This figure reflects his position following the 12,058-share tax-withholding disposition reported on the Form 4 filing.

What role does Gilbert Avanes have at Reading International (RDI)?

Gilbert Avanes serves as Executive Vice President, Chief Financial Officer and Treasurer of Reading International Inc. His officer status is disclosed in the Form 4, which reports his direct ownership and the tax-withholding share disposition in Class A Non-Voting Common Stock.

What is the transaction code F used in the RDI Form 4 for Gilbert Avanes?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 12,058 Reading International Class A Non-Voting shares were withheld by the issuer to satisfy tax withholding obligations tied to restricted stock unit vesting and deferred share delivery.

At what price were the RDI shares valued for Gilbert Avanes’ tax-withholding disposition?

The 12,058 shares involved in the tax-withholding disposition were valued at a price of $1.075 per share. This price is used in the Form 4 to reflect the value of Reading International Class A Non-Voting shares delivered to cover the tax obligations.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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
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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 NY 10003

(City) (State) (Zip)

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)
	EVP, CFO & Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Non-Voting Common Stock	03/13/2026		F(1)		12,058	D	$1.075	101,218	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reporting person is reporting the disposition of 12,058 shares of Class A Common Stock which shares were withheld by the issuer to cover the tax withholding obligations relating to the vesting of restricted stock units on April 5, 2025, April 11, 2025, and April 18, 2025 and the deferred delivery of the underlying Class A Common Stock.

	/s/ Gilbert Avanes	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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