Form 4: Lions Gate Entertainment Corp: Director Hardwick Simmons Reports Beneficial Ownership Changes
SEC Form 4 Filing
Director Hardwick Simmons 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, Hardwick Simmons, a director of Lions Gate Entertainment Corp, filed a Form 4 with the SEC reporting changes in beneficial ownership.
- The report indicates direct ownership of 77,127 Class A Common Shares and 79,341 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 regarding changes in beneficial ownership, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider ownership and does not necessarily reflect broader industry trends.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the ownership stake of a company director.
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 |
| 09/16/2024 | Date of Form 4 filing |
| 11/28/2024 | Vesting date for 8,455 Class A RSUs and 8,971 Class B RSUs |
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