Reading International (RDI) insider has 12,108 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
READING INTERNATIONAL INC director and officer Margaret Cotter reported a tax-related share disposition. On March 13, 2026, 12,108 shares of Class A Non-Voting Common Stock were withheld by the issuer at $1.075 per share to cover tax obligations tied to vesting restricted stock units.
Following this tax-withholding disposition, Cotter directly holds 841,610 Class A Non-Voting Common shares. The footnote explains the shares were withheld to satisfy tax liabilities connected to RSU vesting and deferred delivery of underlying Class A stock, rather than an open‑market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
COTTER MARGARET
Role
Chairperson, EVP - RE Dev/NY
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Non-Voting Common Stock | 12,108 | $1.075 | $13K |
Holdings After Transaction:
Class A Non-Voting Common Stock — 841,610 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Reading International (RDI) report for Margaret Cotter?
Reading International reported that Margaret Cotter had 12,108 Class A Non-Voting shares withheld to cover tax obligations. This tax-withholding disposition relates to vesting restricted stock units and deferred delivery of underlying Class A Common Stock, not an open-market stock sale.
Does the Form 4 for Reading International (RDI) show an open-market sale by Margaret Cotter?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy tax obligations associated with vesting restricted stock units and deferred delivery of the underlying Class A Common Stock.
What are Margaret Cotter’s Reading International (RDI) holdings after this Form 4 transaction?
After the tax-withholding disposition, Margaret Cotter directly holds 841,610 shares of Reading International Class A Non-Voting Common Stock. This figure reflects her direct ownership position following the 12,108 shares withheld to cover tax obligations on RSU vesting.
What role does Margaret Cotter hold at Reading International (RDI) in this Form 4 filing?
Margaret Cotter is identified as a director, a ten percent owner, and an officer with the title Chairperson, EVP - RE Dev/NY. The Form 4 attributes the tax-withholding disposition in Class A Non-Voting Common Stock directly to her ownership position.