Form 4: Charles F. Dolan 2009 Revocable Trust Sells AMC Networks Inc. Shares
SEC Form 4 Filing
Charles F. Dolan 2009 Revocable Trust reports the sale of AMC Networks Inc. Class A Common Stock in two transactions on March 10 and 11, 2025.
Summary
- On March 10, 2025, Charles F. Dolan 2009 Revocable Trust sold 154,345 shares of AMC Networks Inc. Class A Common Stock at a weighted average price of $6.95 per share.
- The prices for the March 10 transaction ranged from $6.77 to $7.08 per share.
- On March 11, 2025, the trust sold an additional 20,833 shares of Class A Common Stock at a weighted average price of $6.89 per share.
- The prices for the March 11 transaction ranged from $6.60 to $7.08 per share.
- Following these transactions, the trust holds zero shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares. It is neutral in sentiment as it simply reports transactions.
Industry Context
This filing indicates a change in the holdings of a significant beneficial owner, which is a common occurrence. The impact on the market depends on the size of the transaction relative to the overall trading volume and market capitalization of AMC Networks Inc.
Stakeholder Impact
- The sale of shares by a significant beneficial owner could potentially influence investor sentiment and trading activity in AMC Networks Inc.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Sale of 154,345 shares of AMC Networks Inc. Class A Common Stock. |
| 03/11/2025 | Sale of 20,833 shares of AMC Networks Inc. Class A Common Stock. |
| 03/12/2025 | Date of signature by Paul J. Dolan, Trustee. |
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