Form 4: Cinemark Director Transfers Shares to Family Trust
Insider Transaction Filing
Cinemark Holdings Director Raymond W. Syufy transferred a total of 57,742 shares of common stock to a revocable family trust across three separate transactions.
Summary
- Raymond W. Syufy, a Director of Cinemark Holdings, Inc. (CNK), reported changes in beneficial ownership of common stock.
- On July 11, 2022, 34,105 shares of common stock were transferred for no consideration to a revocable family trust for which Mr. Syufy is a trustee.
- On July 5, 2024, an additional 16,273 shares of common stock were transferred for no consideration to the same revocable family trust.
- On July 17, 2025, a further 7,364 shares of common stock were transferred for no consideration to the revocable family trust.
- Following these transactions, Mr. Syufy directly beneficially owns 4,200 shares of common stock and indirectly beneficially owns 57,742 shares of common stock through the family trust.
Sentiment
Score: 5
Explanation: The filing reports an internal transfer of shares to a family trust for no consideration, which is a routine estate planning event and does not reflect a positive or negative sentiment towards the company's operational or financial performance.
Positives
- No direct financial positives for the company or public shareholders from this internal transfer, as it represents an estate planning action by a director.
Negatives
- No direct financial negatives for the company or public shareholders from this internal transfer, as it does not indicate a change in the director's overall beneficial interest or a market sale.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This insider transaction filing is specific to a director's personal shareholdings and does not provide information related to broader industry trends or competitive landscape for Cinemark Holdings, Inc.
Related Party Transactions
- Raymond W. Syufy, a Director, transferred shares of common stock to a revocable family trust for which he serves as a trustee. This constitutes a transaction with a related party (the trust).
Stakeholder Impact
- Shareholders: Minimal direct impact as the beneficial ownership of the shares remains with the director, albeit indirectly through a family trust. No shares were sold on the open market.
- Employees, Customers, Suppliers, Creditors: No discernible direct impact from this internal share transfer.
Key Dates
| Date | Description |
|---|---|
| 07/11/2022 | Reporting person transferred 34,105 shares of common stock to a revocable family trust for no consideration. |
| 07/05/2024 | Reporting person transferred 16,273 shares of common stock to a revocable family trust for no consideration. |
| 07/17/2025 | Reporting person transferred 7,364 shares of common stock to a revocable family trust for no consideration. |
| 12/22/2025 | Signature date of the reporting person's attorney-in-fact for the filing. |
Keywords
Cinemark Holdings, CNK, Form 4, Insider Transaction, Director, Share Transfer, Beneficial Ownership, Family Trust
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