Form 4: Harry Sloan Reports Beneficial Ownership Changes in Lions Gate Entertainment Corp
SEC Form 4 Filing
Harry Sloan, a director at Lions Gate Entertainment Corp, reports changes in beneficial ownership of Class A and Class B common shares due to vesting of restricted share units.
Summary
- Harry Sloan, a director of Lions Gate Entertainment Corp, filed a Form 4 indicating changes in his beneficial ownership of the company's stock.
- The report details his direct ownership of 70,101 Class A Common Shares and 271,344 Class B Common Shares.
- These amounts include restricted share units (RSUs) that are scheduled to vest in the future.
- Specifically, 811 Class A RSUs are set to vest on September 13, 2025, and 8,455 Class A RSUs are scheduled to vest on November 28, 2024.
- Additionally, 861 Class B RSUs will vest on September 13, 2025, and 8,971 Class B RSUs will vest on November 28, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing changes in stock ownership. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure related to insider ownership and compensation, common in publicly traded companies. It provides transparency regarding the holdings of company directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the ownership stake of a company director.
- It can influence investor perception of management's alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Date of earliest transaction reported |
| 11/28/2024 | Vesting date for 8,455 Class A RSUs and 8,971 Class B RSUs |
| 09/13/2025 | Vesting date for 811 Class A RSUs and 861 Class B RSUs |
| 09/16/2024 | Date of Form 4 filing |
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