Form 4: Dolan Family Trust Acquires AMCX Shares in Debt Repayment
Insider Transaction Report
The Charles F. Dolan 2009 Family Trust acquired 145,522 shares of AMC Networks Class B Common Stock as partial repayment of a promissory note.
Summary
- The Charles F. Dolan 2009 Family Trust FBO Thomas C. Dolan, identified as a member of a 13(d) Group, acquired 145,522 shares of AMC Networks Inc. Class B Common Stock.
- This transaction occurred on September 8, 2025.
- The shares were received as partial repayment of a promissory note.
- For the purpose of this repayment, the shares were valued at $7.72 per share, which was the mean of the high and low trading price for Class A Common Stock on September 8, 2025.
- Following this transaction, the Reporting Person directly beneficially owns 1,066,647 shares of Class B Common Stock.
- AMC Networks Inc. Class B Common Stock is convertible at the option of the holder on a share-for-share basis into AMC Networks Inc. Class A Common Stock.
Sentiment
Score: 5
Explanation: The transaction is a routine insider filing reporting the acquisition of shares as repayment for a promissory note. It is a neutral event for the company's operational performance, though it represents a conversion of debt to equity for a significant beneficial owner.
Positives
- The Reporting Person, Charles F. Dolan 2009 Family Trust, received 145,522 shares of AMC Networks Class B Common Stock, valued at $7.72 per share, as repayment for a promissory note, effectively converting a debt instrument into equity.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing reports an insider transaction involving a significant beneficial owner and does not provide information directly related to broader industry trends or competitive landscape.
Related Party Transactions
- The acquisition of shares by the Charles F. Dolan 2009 Family Trust as partial repayment of a promissory note could be considered a related party transaction, given the trust's association with a significant beneficial owner (member of a 13(d) Group) of AMC Networks Inc.
Stakeholder Impact
- Shareholders: A minor change in the beneficial ownership structure, with a significant holder converting debt into equity. This does not directly impact the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 09/08/2025 | Date of transaction where the Reporting Person received shares of Class B Common Stock. |
| 09/10/2025 | Date the Form 4 filing was signed. |
Keywords
AMCX, AMC Networks, Charles F. Dolan, Dolan Family Trust, insider transaction, beneficial ownership, Class B Common Stock, debt repayment, promissory note
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