Form 4: AMC Entertainment Executive Awarded 84,211 Restricted Stock Units

Carla C. Chavarria, SVP and Chief HR Officer of AMC Entertainment Holdings, Inc., was granted 84,211 restricted stock units (RSUs) under the company's 2024 Equity Incentive Plan.

Summary

• Carla C. Chavarria, SVP and Chief HR Officer at AMC Entertainment Holdings, Inc., received 84,211 restricted stock units (RSUs) on June 5, 2024.
• These RSUs were granted under the company's 2024 Equity Incentive Plan.
• One-third of the RSUs will vest each year in January 2025, 2026, and 2027, contingent upon continued employment.
• Each RSU represents the right to receive one share of AMC's Class A common stock within 30 days following vesting.
• After this transaction, Chavarria directly owns 84,211 shares.
• This excludes 62,763 outstanding shares, 92,980 shares issuable based on continued service, and 92,976 shares issuable upon attainment of performance goals at target.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a standard executive compensation practice, indicating confidence in the executive's continued contribution and aligning their interests with shareholders.

Positives

• The grant of RSUs aligns the executive's interests with those of the shareholders.
• The vesting schedule encourages continued employment and commitment to the company's success.

Future Outlook

The vesting of the RSUs is contingent upon continued employment, suggesting an expectation of continued service from the executive.

Industry Context

Equity grants are a common practice in the entertainment industry to incentivize and retain key executives. This grant is part of AMC's broader compensation strategy.

Comparison to Industry Standards

• Comparing this RSU grant to similar grants at companies like Cinemark or IMAX would require analyzing their executive compensation packages disclosed in their SEC filings.
• Typically, the size of the grant is benchmarked against peer companies based on factors like market capitalization, revenue, and executive role.

Stakeholder Impact

• Shareholders: The grant aligns executive interests with shareholder value.
• Employees: The grant may serve as a morale booster, demonstrating the company's investment in its leadership.
• Executive: The grant provides additional compensation and incentives for continued performance.

Next Steps

• The executive will continue to work at AMC Entertainment.
• The RSUs will vest according to the schedule outlined in the grant.

Key Dates