Form 4: Imax CEO Sells Shares
Insider Transaction (Form 4)
Richard L Gelfond, Chief Executive Officer and a Director of Imax Corp, sold 456,757 shares of common stock on August 18, 2026.
Summary
- Conversion of derivative: acquired 151,253 common shares at $31.90 ($4,824,971) on August 18, 2026; holds 916,255 after (Direct).
- Open-market sale: disposed of 151,253 common shares at $51.00 ($7,714,644) on August 18, 2026; holds 765,002 after (Direct).
- Conversion of derivative: acquired 205,504 common shares at $31.90 ($6,555,578) on August 19, 2026; holds 970,506 after (Direct).
- Open-market sale: disposed of 205,504 common shares at $53.27 ($10,946,294) on August 19, 2026; holds 765,002 after (Direct).
- Open-market sale: disposed of 100,000 common shares at $53.23 ($5,323,370) on August 20, 2026; holds 665,002 after (Direct).
- Conversion of derivative: disposed of 151,253 stock options (to buy) at $31.90 ($4,824,971) on August 18, 2026; holds 1,181,158 after (Direct).
- Conversion of derivative: disposed of 205,504 stock options (to buy) at $31.90 ($6,555,578) on August 19, 2026; holds 975,654 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $23,984,308 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Richard L Gelfond — Director, Officer (Chief Executive Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-18 | Conversion of derivative | common shares | 151,253 | $32 | $4.8M | 916,255 |
| 2026-08-18 | Open-market sale | common shares | 151,253 | $51 | $7.7M | 765,002 |
| 2026-08-19 | Conversion of derivative | common shares | 205,504 | $32 | $6.6M | 970,506 |
| 2026-08-19 | Open-market sale | common shares | 205,504 | $53 | $10.9M | 765,002 |
| 2026-08-20 | Open-market sale | common shares | 100,000 | $53 | $5.3M | 665,002 |
| 2026-08-18 | Conversion of derivative | stock options (to buy) | 151,253 | $32 | $4.8M | 1,181,158 |
| 2026-08-19 | Conversion of derivative | stock options (to buy) | 205,504 | $32 | $6.6M | 975,654 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-18 | Conversion of derivative (151,253 shares) |
| 2026-08-18 | Open-market sale (151,253 shares) |
| 2026-08-19 | Conversion of derivative (205,504 shares) |
| 2026-08-19 | Open-market sale (205,504 shares) |
| 2026-08-20 | Open-market sale (100,000 shares) |
| 2026-08-18 | Conversion of derivative (151,253 shares) |
| 2026-08-19 | Conversion of derivative (205,504 shares) |
Keywords
insider transaction, Form 4, IMAX, IMAX CORP, bearish, Richard L Gelfond
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