BURNS MICHAEL RAYMOND sold LION
July 1, 2025 · Form 4 insider transaction
BURNS MICHAEL RAYMOND sold 30,444 shares of Lionsgate Studios Corp. at $5.76 per share, a transaction worth $175.4K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 79,110 performance RSUs (75% of units that were eligible to vest). The grant of the units is reported herein and, pursuant to the Lionsgate Studios Corp. 2025 Performance Incentive Plan and the Issuer's policies, 30,444 common shares were automatically canceled to cover certain tax obligations.; Amount includes the following restricted share units ("RSUs") granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 137,832 RSUs scheduled to vest in two equal annual installments on July 3, 2025 and 2026; (ii) 210,958 RSUs scheduled to vest in two equal annual installments on July 1, 2026 and 2027; and (iii) 36,575 RSUs scheduled to vest in three equal annual installments on July 1, 2026, 2027 and 2028.