CNVS.NASDAQCineverse CORP

Form 4: Cineverse Corp. COO and CTO, Mark Antonio Huidor, Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4


Mark Antonio Huidor, COO and CTO of Cineverse Corp., filed a Form 4 detailing the acquisition and disposal of Class A Common Stock and Restricted Stock Units.

Summary

  • On April 25, 2025, Mark Antonio Huidor, the COO and CTO of Cineverse Corp., reported transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
  • Huidor acquired 41,666 shares of Class A Common Stock through the vesting of RSUs.
  • He also disposed of 49,590 shares of Class A Common Stock to cover tax liabilities related to the vesting of restricted shares and RSUs.
  • Following these transactions, Huidor directly owns 152,561 shares of Class A Common Stock and 83,334 RSUs.
  • Huidor also owns 50,000 Stock Appreciation Rights.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.

Key Dates

DateDescription
04/25/2025Date of transaction involving Class A Common Stock and Restricted Stock Units.
04/25/202541,666 RSUs vest.
04/25/202641,666 shares of restricted stock vest.
04/25/202741,668 shares of restricted stock vest.
05/16/202416,666 Stock Appreciation Rights vested.
05/01/202516,666 Stock Appreciation Rights vest.
05/01/202616,668 Stock Appreciation Rights vest.
05/16/2033Expiration date of Stock Appreciation Rights.
04/29/2025Date of signature.

Keywords

Form 4, Cineverse Corp, CNVS, Mark Antonio Huidor, Beneficial Ownership, Class A Common Stock, Restricted Stock Units, Stock Appreciation Rights, COO, CTO

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