Form 4: Lions Gate Entertainment Director Acquires Shares as Part of Director Fee Compensation

Sentiment:

SEC Form 4


John D. Harkey Jr., a director at Lions Gate Entertainment, acquired Class A and Class B common shares as part of director fees.

Summary

  • On April 1, 2025, John D. Harkey Jr., a director of Lions Gate Entertainment Corp, acquired 2,897 Class A Common Shares at $8.63 per share and 3,238 Class B Common Shares at $7.72 per share.
  • These shares were received as payment for director fees.
  • Following the transaction, Harkey directly owns 127,495 Class A Common Shares and 30,050 Class B Common Shares.
  • The Class A Common Shares include 9,102 restricted share units (RSUs) scheduled to vest on November 29, 2025.
  • The Class B Common Shares include 10,176 RSUs scheduled to vest on November 29, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction related to director compensation. There is no indication of significant positive or negative implications.

Positives

  • The acquisition of shares by a director demonstrates confidence in the company.

Industry Context

Director share acquisitions are common and can be seen as a positive signal, indicating confidence in the company's future performance. This is a routine transaction related to director compensation.

Related Party Transactions

  • The acquisition of shares by John D. Harkey Jr. as part of director fees constitutes a related party transaction.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it is a routine part of director compensation.

Key Dates

DateDescription
04/01/2025Date of transaction: Acquisition of Class A and Class B Common Shares.
04/03/2025Date of signature for the Form 4 filing.
11/29/2025Vesting date for 9,102 Class A RSUs and 10,176 Class B RSUs.

Keywords

Lions Gate Entertainment, Director, Share Acquisition, Class A Common Shares, Class B Common Shares, Director Fees, RSUs, John D. Harkey Jr.

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