Form 4: AMC Entertainment Director Kerith Sheehan Putnam Receives Stock Grant

Director Kerith Sheehan Putnam received 34,208 shares of AMC Entertainment Holdings, Inc. Class A common stock as part of the company's Non-Employee Director Compensation Program.

Summary

• On February 19, 2025, Kerith Sheehan Putnam, a director of AMC Entertainment Holdings, Inc., acquired 34,208 shares of Class A common stock.
• The acquisition was a grant under the Issuer's 2024 Equity Incentive Plan, part of the Non-Employee Director Compensation Program.
• Putnam disposed of 34,208 shares at $0.
• Following the transaction, Putnam directly owns 59,304 shares of AMC Entertainment Holdings, Inc.
• The shares are subject to a retention period of one year or until the end of the director's service on the board, whichever is earlier.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The stock grant is a routine part of director compensation and signals confidence in the company's future.

Positives

• The stock grant aligns the director's interests with those of the shareholders.
• The retention period encourages long-term commitment to the company's success.

Industry Context

Director compensation through stock grants is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Stock grants for non-employee directors are a typical component of compensation packages in publicly traded companies.
• The size of the grant and the vesting schedule are generally benchmarked against peer companies in the same industry and of similar market capitalization.
• Companies like Cinemark and IMAX also utilize equity-based compensation for their board members.

Stakeholder Impact

• The stock grant aligns the director's interests with those of the shareholders, potentially leading to better decision-making for the company.
• The retention period encourages long-term commitment to the company's success.

Key Dates

Keywords

AMC Entertainment Holdings, Director Compensation, Stock Grant, Form 4, Equity Incentive Plan, Beneficial Ownership, Kerith Sheehan Putnam