Reading International EVP exercises 24,400 RSUs
READING INTERNATIONAL INC EVP and General Counsel Sidney Craig Tompkins exercised restricted stock units and had shares withheld for taxes.
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Rhea-AI Filing Summary
READING INTERNATIONAL INC EVP and General Counsel Sidney Craig Tompkins exercised restricted stock units and had shares withheld for taxes. On April 11, 2026, 24,400 Restricted Stock Units converted into 24,400 shares of Class A Non-Voting Common Stock at an exercise price of $0.00 per share. The same 24,400 shares were then disposed of through a tax-withholding transaction to satisfy obligations tied to the vesting and delivery. Following these transactions, Tompkins directly owned 143,651 shares of Class A Non-Voting Common Stock. These units were part of a larger April 11, 2023 grant of 81,577 restricted stock units under the company’s 2020 Stock Incentive Plan, which includes both time-based and performance-based vesting components.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 24,400 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Non-Voting Common Stock | 24,400 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each Restricted Stock Unit represents the contingent right to receive one share of Class A Non-Voting Common Stock upon vesting of the unit.
- F2. As previously reported, a total of 81,577 restricted stock units were granted on April 11, 2023 pursuant to the Company's 2020 Stock Incentive Plan. Of that amount, (i) 45,000 restricted stock units vest in four equal annual installments on April 11, 2024, April 11, 2025, April 11, 2026 and April 11, 2027; (ii) 21,577 restricted stock units vested on April 11, 2024; and (iii) 13,150 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.
- F3. 24,400 restricted stock units are fully vested on April 11, 2026 and the underlying shares of Class A Common Stock in Reading International, Inc. will be delivered to the reporting person in accordance with their irrevocable deferral election.
Key Figures
Key Terms
Restricted Stock Units financial
performance-based restricted stock units (PRSU) financial
tax-withholding disposition financial
irrevocable deferral election financial
2020 Stock Incentive Plan financial
FAQ
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What insider transaction did RDI executive Sidney Craig Tompkins report?
What are Restricted Stock Units in the Reading International (RDI) Form 4?
What is the background of the 81,577 RSUs granted to RDI executive Sidney Craig Tompkins?
How are the 24,400 vested RSUs for Sidney Craig Tompkins delivered under RDI’s plan?
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