Form 4: Lions Gate Entertainment Director John D. Harkey Jr. Acquires Shares as Part of Director Fees

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

Summary

• On April 1, 2024, John D. Harkey Jr., a director of Lions Gate Entertainment Corp., acquired 2,513 Class A Common Shares at $9.95 per share and 2,688 Class B Common Shares at $9.3 per share as payment for director fees.
• Following these transactions, Harkey directly owns 112,462 Class A Common Shares and 13,244 Class B Common Shares.
• These amounts include 8,455 Class A Restricted Share Units (RSUs) and 8,971 Class B RSUs, which are scheduled to vest on November 28, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of share acquisitions as part of director compensation. There's no indication of significant positive or negative implications.

Positives

• The director's acquisition of shares could be seen as a positive signal, indicating confidence in the company's future.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting date of the RSUs.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it shows director alignment with company interests.

Key Dates