Form 4: Lionsgate Studios Corp. Director Emily Fine Reports Beneficial Ownership Changes
SEC Form 4
Director Emily Fine reports changes in beneficial ownership of Lionsgate Studios Corp. common shares following transactions related to the Arrangement Agreement.
Summary
- Emily Fine, a director of Lionsgate Studios Corp., filed a Form 4 detailing changes in her beneficial ownership of the company's common shares.
- The changes are related to the consummation of the transactions contemplated by the Arrangement Agreement dated January 29, 2025, and amended on March 12, 2025.
- As a result of the agreement, each of LGEC's Class A voting shares and Class B non-voting shares held by Fine were exchanged for Lionsgate Studios Corp. common shares and Starz Entertainment Corp. common shares.
- Fine acquired 1,770 common shares related to restricted share units vesting on September 13, 2025.
- She also acquired 20,370 common shares as annual director compensation awards, vesting on November 29, 2025.
- Following these transactions, Fine directly owns 102,694 common shares of Lionsgate Studios Corp.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard corporate governance procedures and ongoing director compensation, indicating stability and alignment of interests.
Positives
- The director's continued holding of a significant number of shares indicates confidence in the company's future.
Future Outlook
The document does not contain specific forward-looking statements, but it details ongoing equity-based compensation plans for directors.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the ownership positions of company insiders. This filing reflects changes related to a corporate restructuring.
Stakeholder Impact
- The filing provides transparency to shareholders regarding director ownership.
- The equity grants align director interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 2025-01-29 | Date of the original Arrangement Agreement. |
| 2025-03-12 | Date of the amending agreement to the Arrangement Agreement. |
| 2025-03-14 | Form S-4 declared effective by the SEC. |
| 2025-05-06 | Consummation of transactions contemplated by the Arrangement Agreement. |
| 2025-05-12 | Date of the transactions reported in the Form 4. |
| 2025-05-13 | Date of signature on the Form 4. |
| 2025-09-13 | Vesting date for 1,770 restricted share units. |
| 2025-11-29 | Vesting date for 20,370 common shares as annual director compensation. |
Keywords
beneficial ownership, Form 4, Lionsgate Studios Corp., Emily Fine, common shares, director, Arrangement Agreement, restricted share units, director compensation
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