Reading International (RDI) CEO reports tax-related share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reading International Inc. Director, President and CEO Ellen M. Cotter reported a routine tax-related share disposition. On March 13, 2026, 24,321 shares of Class A Non-voting Common Stock were withheld by the company to cover tax obligations tied to restricted stock units vesting on April 5, 2025, April 18, 2025, and April 21, 2025, and the deferred delivery of the underlying shares. After this withholding, she directly holds 984,636 Class A Non-voting Common shares, indicating she retains a large equity position and that no open-market sale occurred.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
COTTER ELLEN M
Role
Director, President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Non-voting Common Stock | 24,321 | $1.075 | $26K |
Holdings After Transaction:
Class A Non-voting Common Stock — 984,636 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Reading International (RDI) report for Ellen M. Cotter?
Reading International reported a tax-related share disposition by Ellen M. Cotter. The company withheld 24,321 Class A Non-voting Common shares to satisfy tax obligations from restricted stock unit vesting and deferred share delivery, rather than an open-market sale of shares.
Did Ellen M. Cotter sell Reading International stock on the open market?
The filing shows no open-market sale by Ellen M. Cotter. Instead, 24,321 Class A Non-voting Common shares were withheld by Reading International to pay tax liabilities linked to restricted stock units, a routine administrative transaction rather than a discretionary market trade.