Form 4: Lions Gate Entertainment CEO Jon Feltheimer Reports Gift of Class A Common Shares
SEC Form 4 Filing
Jon Feltheimer, CEO of Lions Gate Entertainment, reported a gift of Class A Common Shares to his children and updated his holdings of Class B Common Shares, including restricted share units.
Summary
- On December 31, 2024, Jon Feltheimer, the CEO of Lions Gate Entertainment Corp, reported a transaction involving the company's securities.
- He gifted 14,496 Class A Common Shares to his children.
- Following the transaction, Feltheimer directly owns 429,357 Class A Common Shares.
- He also directly owns 2,547,547 Class B Common Shares, which includes restricted share units.
- These restricted share units are scheduled to vest in installments between July 2025 and July 2027.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
The document outlines the vesting schedule for restricted share units, indicating future equity compensation for the CEO.
Industry Context
This filing is a routine disclosure of insider transactions, providing transparency to investors regarding the holdings and transactions of company executives.
Related Party Transactions
- The gift of Class A Common Shares to Jon Feltheimer's children is a related party transaction.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
- The gift of shares may have a minor impact on the float of Class A shares.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of transaction (gift of Class A Common Shares). |
| 07/27/2025 | Vesting date for 96,811 restricted share units. |
| 07/03/2025 | Start date for vesting of 399,680 restricted share units in two equal annual installments. |
| 07/01/2025 | Start date for vesting of 535,264 restricted share units in three equal annual installments. |
| 01/02/2025 | Date of signature on the Form 4 filing. |
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