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