Form 4: NCMI Executive Sells Shares Under 10b5-1 Plan

National CineMedia's President of Sales & Marketing, Catherine Sullivan, sold 734 shares of common stock for $4.3082 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Catherine Sullivan, President Sales & Marketing of National CineMedia, Inc. (NCMI), reported a transaction involving the company's common stock.
• She sold 734 shares of NCMI common stock on October 3, 2025.
• The sale was executed at a price of $4.3082 per share.
• This transaction was an open market sale conducted pursuant to a Rule 10b5-1 trading plan, which was adopted by the reporting person on May 22, 2025.
• Following this sale, Catherine Sullivan directly beneficially owns 25,737 shares of National CineMedia, Inc. common stock.

Sentiment

Score: 5

Explanation: The transaction is an insider sale executed under a pre-arranged 10b5-1 trading plan, which is generally considered a neutral event as it reflects personal financial planning rather than a direct statement on the company's immediate prospects.

Future Outlook

NA

Industry Context

This filing reports an individual insider transaction and does not directly provide broader industry context or trends.

Stakeholder Impact

• Minimal direct impact on shareholders due to the small volume of shares sold under a pre-arranged plan, which typically reflects personal financial management rather than a change in company outlook.

Key Dates

Recommendation

The reported transaction is a routine insider sale executed under a Rule 10b5-1 trading plan. Such pre-scheduled sales are typically for personal financial planning and do not inherently signal a change in the company's fundamental prospects or warrant a change in investment recommendation based solely on this filing.

Keywords

National CineMedia, NCMI, Catherine Sullivan, insider trading, stock sale, 10b5-1 plan, officer transaction, common stock