Form 4: Cineverse Corp. Executive Yolanda Macias Reports Stock Transactions

Yolanda Macias, Chief Motion Pictures Officer at Cineverse Corp., filed a Form 4 detailing changes in her beneficial ownership of company stock, including the vesting of restricted stock units.

Summary

• Yolanda Macias, Chief Motion Pictures Officer of Cineverse Corp., reported transactions related to the company's stock.
• The report, filed on May 6, 2025, details changes in her beneficial ownership.
• Macias directly owns 93,949 shares of Class A Common Stock.
• She also indirectly owns 146 shares of Class A Common Stock through a minor child.
• The report includes the vesting of 76,820 Restricted Stock Units (RSUs) on May 1, 2025.
• These RSUs convert to Class A Common Stock.
• Macias holds various stock options and stock appreciation rights (SARs) with different vesting schedules and exercise prices.
• Some SARs vested in March 2022 and 2023, while others will vest in May 2024, 2025, and 2026.
• Additional RSUs will vest in April 2025, 2026, and 2027, and May 2026, 2027 and 2028.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Positives

• The vesting of RSUs indicates a continued commitment to the company by a key executive.

Future Outlook

The document outlines future vesting dates for restricted stock units and stock appreciation rights, indicating a continued equity-based compensation structure for the reporting person.

Industry Context

Form 4 filings are standard practice for reporting insider transactions and are publicly available to ensure transparency in the market.

Comparison to Industry Standards

• Equity compensation, including stock options and restricted stock units, is a common practice among publicly traded companies to align the interests of executives with those of shareholders.
• Vesting schedules for RSUs and SARs typically range from 3 to 5 years, which aligns with the vesting schedules outlined in the document.
• The specific terms of equity compensation plans vary widely across companies and industries, depending on factors such as company size, growth stage, and competitive landscape.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the equity holdings of a key executive.
• The vesting of RSUs and SARs can incentivize the executive to drive long-term value creation for the company.

Key Dates

Keywords

Cineverse Corp., Yolanda Macias, Form 4, Stock Transactions, Beneficial Ownership, Restricted Stock Units, Stock Options, Stock Appreciation Rights, CNVS