Form 4: Cinemark EVP-General Counsel Reports Routine Stock Transactions
Insider Transaction Report
Cinemark Holdings, Inc.'s EVP-General Counsel, Michael Cavalier, reported the disposition of shares primarily for tax obligations related to restricted stock vesting and a transfer to a revocable trust.
Summary
- Michael Cavalier, Executive Vice President and General Counsel of Cinemark Holdings, Inc. (CNK), reported changes in his beneficial ownership of common stock.
- On July 28, 2025, 442 shares of common stock were disposed of at a price of $29.04 per share to cover tax liabilities upon the vesting of 1,125 restricted stock units.
- Additionally, 885 shares of common stock were disposed of at $29.04 per share to cover tax liabilities upon the vesting of 2,250 restricted stock units on the same date.
- A further 2,048 shares of common stock were transferred to the Cavalier Revocable Trust for no consideration on July 28, 2025; Michael Cavalier remains a beneficial owner of these securities.
- Following these transactions, Michael Cavalier directly owns 49,762 shares of common stock and indirectly owns 248,629 shares through the Cavalier Revocable Trust, totaling 298,391 shares beneficially owned.
Sentiment
Score: 5
Explanation: The filing reports routine insider transactions (tax withholding, trust transfer) which are neutral in sentiment and do not indicate any significant positive or negative developments for the company.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of insider stock transactions and does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders: Minimal impact, as these are routine insider transactions related to compensation and personal financial planning, not indicative of a change in company fundamentals or strategy.
Key Dates
| Date | Description |
|---|---|
| 07/28/2025 | Date of reported stock transactions, including tax withholdings and trust transfer. |
| 07/29/2025 | Date the Form 4 filing was signed and submitted to the SEC. |
Keywords
Cinemark Holdings, CNK, Insider Trading, Form 4, Stock Ownership, Executive Compensation, Restricted Stock Units, Tax Withholding
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.