Reading International (RDI) CEO receives 269,043 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COTTER ELLEN M reported acquisition or exercise transactions in this Form 4 filing.
READING INTERNATIONAL INC Director, President and CEO Ellen M. Cotter received a grant of 269,043 Restricted Stock Units, each representing one share of Class A Non-Voting Common Stock upon vesting. These RSUs were granted under the 2020 Stock Incentive Plan and will fully vest on April 27, 2027. Following this filing, she holds 1,066,822 Class A Non-voting Common Stock shares directly and 269,043 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
COTTER ELLEN M
Role
Director, President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 269,043 | $0.00 | -- |
| holding | Class A Non-voting Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 269,043 shares (Direct, null);
Class A Non-voting Common Stock — 1,066,822 shares (Direct, null)
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. Restricted stock units granted pursuant to the Company's 2020 Stock Incentive Plan and will fully vest on April 27, 2027.
Key Figures
RSU grant size: 269,043 RSUs
RSU vesting date: April 27, 2027
Class A shares held: 1,066,822 shares
+2 more
5 metrics
RSU grant size
269,043 RSUs
Grant to Ellen M. Cotter on April 27, 2026
RSU vesting date
April 27, 2027
Full vesting date for 2020 Stock Incentive Plan grant
Class A shares held
1,066,822 shares
Direct Class A Non-voting Common Stock after reported transactions
RSUs outstanding
269,043 units
Total Restricted Stock Units held after grant
RSU grant price
$0.0000 per unit
Reported transaction price per RSU in grant
Key Terms
Restricted Stock Units, Class A Non-Voting Common Stock, 2020 Stock Incentive Plan
3 terms
Restricted Stock Units financial
"Restricted Stock Units granted pursuant to the Company's 2020 Stock Incentive Plan"
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"
2020 Stock Incentive Plan financial
"Restricted stock units granted pursuant to the Company's 2020 Stock Incentive Plan"
FAQ
What insider transaction did RDI’s Ellen M. Cotter report on this Form 4?
Ellen M. Cotter reported receiving a grant of 269,043 Restricted Stock Units. Each unit represents one future share of Class A Non-Voting Common Stock if vesting conditions are met, reflecting equity-based compensation rather than an open-market stock purchase.
How many Restricted Stock Units did the RDI CEO receive and when do they vest?
She received 269,043 Restricted Stock Units that will fully vest on April 27, 2027. Once vested, each RSU entitles her to receive one share of Class A Non-Voting Common Stock, aligning compensation with the company’s longer-term performance.
What does each RDI Restricted Stock Unit granted to Ellen M. Cotter represent?
Each Restricted Stock Unit represents the contingent right to receive one share of Class A Non-Voting Common Stock. That means shares are delivered only if vesting conditions are satisfied, making this award a deferred, performance-linked form of equity compensation.
Under which plan were Ellen M. Cotter’s RDI RSUs granted?
The 269,043 Restricted Stock Units were granted under Reading International’s 2020 Stock Incentive Plan. This plan is used to award equity-based compensation, helping tie executive pay to shareholder outcomes through stock and stock unit awards over time.
What are Ellen M. Cotter’s reported RDI holdings after this Form 4 filing?
After the reported grant, she holds 1,066,822 shares of Class A Non-voting Common Stock directly and 269,043 Restricted Stock Units. The RSUs will convert into additional Class A Non-Voting shares once they vest according to the plan’s terms.