Form 4: Lions Gate Entertainment Corp: Director Susan McCaw Reports Changes in Beneficial Ownership

Sentiment:

SEC Filing


Director Susan McCaw reports changes in beneficial ownership of Lions Gate Entertainment Corp shares, including restricted share units (RSUs) vesting in the near future.

Summary

  • On September 16, 2024, Susan McCaw, a director of Lions Gate Entertainment Corp, filed a Form 4 with the SEC.
  • The filing reports changes in her beneficial ownership of the company's securities.
  • McCaw directly owns 30,275 Class A Common Shares and 26,972 Class B Common Shares.
  • These amounts include restricted share units (RSUs) that are scheduled to vest on November 28, 2024, and September 13, 2025.
  • Specifically, 8,455 Class A RSUs vest on November 28, 2024, and 811 Class A RSUs vest on September 13, 2025.
  • Additionally, 8,971 Class B RSUs vest on November 28, 2024, and 861 Class B RSUs vest on September 13, 2025.

Sentiment

Score: 5

Explanation: This is a neutral filing, simply reporting changes in beneficial ownership. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in Susan McCaw's holdings, which may be of interest to investors.

Stakeholder Impact

  • Shareholders may be interested in tracking insider ownership as an indicator of management's confidence in the company.

Key Dates

DateDescription
09/13/2024Date of earliest transaction reported
09/13/2025Vesting date for 811 Class A RSUs and 861 Class B RSUs
11/28/2024Vesting date for 8,455 Class A RSUs and 8,971 Class B RSUs
09/16/2024Date of Form 4 filing

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