AMCX.NASDAQAmc Networks INC

Form 4: Charles F. Dolan 2009 Revocable Trust Sells AMC Networks Inc. Shares

Sentiment:

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

DateDescription
03/10/2025Sale of 154,345 shares of AMC Networks Inc. Class A Common Stock.
03/11/2025Sale of 20,833 shares of AMC Networks Inc. Class A Common Stock.
03/12/2025Date of signature by Paul J. Dolan, Trustee.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.