Form 4: IMAX Corp Director Michael MacMillan Reports Share Transactions

Director Michael MacMillan reports acquisition and disposal of IMAX Corp common shares and restricted share units on June 7, 2024.

Summary

• On June 7, 2024, Michael MacMillan, a director of IMAX Corp, reported transactions involving common shares and restricted share units.
• MacMillan acquired 7,856 common shares upon the vesting of restricted share units.
• He also disposed of 4,277 common shares to satisfy tax withholding obligations related to the conversion of restricted share units at a price of $15.12 per share.
• Following these transactions, MacMillan directly owns 35,953 common shares.
• MacMillan also owns 7,856 restricted share units, each representing a contingent right to receive one common share of IMAX Corporation, which vested and converted to common shares on the date of grant, June 7, 2024.

Sentiment

Score: 5

Explanation: The document reports routine transactions related to executive compensation, indicating a neutral sentiment.

Industry Context

This filing reflects routine transactions by a company insider and provides insight into executive compensation and ownership structure, which is typical for publicly traded companies.

Stakeholder Impact

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

Key Dates