Form 4: Jon Feltheimer Reports Ownership of Lionsgate Studios Corp. Following Share Exchange
SEC Form 4 Filing
Jon Feltheimer, CEO of Lionsgate Studios Corp., reports changes in beneficial ownership following a share exchange related to the Arrangement Agreement.
Summary
- On May 6, 2025, Jon Feltheimer, the CEO of Lionsgate Studios Corp., reported a change in his beneficial ownership of the company's securities.
- This change occurred in connection with the consummation of transactions outlined in the Arrangement Agreement dated January 29, 2025, and amended on March 12, 2025.
- Feltheimer's shares of Lions Gate Entertainment Corp.'s (LGEC) Class A and Class B shares were exchanged for new Lionsgate common shares and Starz Entertainment Corp. common shares.
- Following the transaction, Feltheimer directly owns 1,996,671 common shares of Lionsgate Studios Corp.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a change in ownership following a pre-arranged corporate action. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing reflects corporate restructuring activity, which is common in the media and entertainment industry as companies seek to optimize their assets and market positioning.
Stakeholder Impact
- The share exchange impacts shareholders of both Lionsgate and Starz, as their holdings are adjusted based on the terms of the Arrangement Agreement.
Key Dates
| Date | Description |
|---|---|
| January 29, 2025 | Date of the original Arrangement Agreement. |
| March 12, 2025 | Date of the amending agreement to the Arrangement Agreement. |
| May 6, 2025 | Date of the share exchange transaction and earliest transaction date reported. |
| May 8, 2025 | Date of signature for the Form 4 filing. |
Keywords
beneficial ownership, Lionsgate Studios Corp., Jon Feltheimer, share exchange, Arrangement Agreement, Form 4, SEC filing
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