Form 4: Lions Gate Entertainment Corp: Director Gordon Crawford Reports Beneficial Ownership Changes
SEC Form 4 Filing
Director Gordon Crawford reports changes in beneficial ownership of Lions Gate Entertainment Corp Class A and Class B common shares, including restricted share units (RSUs) scheduled to vest in the future.
Summary
- On September 16, 2024, Gordon Crawford, a director of Lions Gate Entertainment Corp, filed a Form 4 with the SEC.
- The filing reports changes in beneficial ownership of the company's Class A and Class B common shares.
- Crawford directly owns 285,708 Class A common shares and 1,855,817 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 scheduled 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 are scheduled to vest on September 13, 2025, and 8,971 Class B RSUs are scheduled to vest on November 28, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, and does not inherently convey positive or negative sentiment.
Future Outlook
The document does not contain specific forward-looking statements beyond the vesting schedules of the RSUs.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates changes in director Crawford's holdings, which may be of interest to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the holdings of a company director.
- The vesting of RSUs may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Date of earliest transaction reported |
| 09/13/2025 | Vesting date for 811 Class A RSUs and 861 Class B RSUs |
| 11/28/2024 | Vesting date for 8,455 Class A RSUs and 8,971 Class B RSUs |
| 09/16/2024 | Date of Form 4 filing |
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