AMC (NYSE: AMC) SVP awarded PSUs, with some shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMC Entertainment Holdings executive Edwin F. Gladbach received 26,206 shares of Class A common stock from the vesting of previously granted performance stock units, at no purchase price. On the same date, 13,427 shares were withheld to cover tax obligations, leaving him with 29,324 directly owned shares. Footnotes note additional contingent equity grants that could bring his total to 470,938 shares if future service and performance conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Gladbach EDWIN F
Role
SVP, GC AND SECRETARY
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | CLASS A COMMON STOCK | 26,206 | $0.00 | -- |
| Tax Withholding | CLASS A COMMON STOCK | 13,427 | $0.00 | -- |
Holdings After Transaction:
CLASS A COMMON STOCK — 42,751 shares (Direct)
Footnotes (1)
- Shares issued based upon the vesting of certain Performance Stock Units ("PSUs") granted to the Reporting Person in 2023, 2024 and 2025 under the Issuer's Equity Incentive Plans ("EIP"). The PSUs were granted subject to performance and service based vesting conditions. The PSUs vested based upon attainment of performance goals as certified by the Issuer's Compensation Committee of the Board of Directors (the "Committee") and the Reporting Person's satisfaction of the service conditions. Shares otherwise issuable were withheld to satisfy the Reporting Person's tax obligations arising from the vesting events described in note 1 above. Does not include shares issuable upon future vesting of contingent equity grants, including 220,807 shares issuable based upon satisfaction of service conditions and 220,807 shares issuable upon attainment of both performance goals and satisfaction of service conditions, which, when combined with the ownership reported above, would represent a total of 470,938 shares.
FAQ
What insider transactions did AMC (AMC) report for Edwin F. Gladbach?
AMC reported that Edwin F. Gladbach received 26,206 shares of Class A common stock from the vesting of performance stock units. On the same date, 13,427 shares were withheld to satisfy tax obligations related to these vesting events.
What additional AMC (AMC) equity could Edwin F. Gladbach receive in the future?
Footnotes state Gladbach could receive an additional 220,807 shares upon satisfying service conditions and another 220,807 shares upon meeting both performance and service conditions, which would bring his total potential holdings to 470,938 shares.
What role does Edwin F. Gladbach hold at AMC (AMC)?
Edwin F. Gladbach serves as AMC’s Senior Vice President, General Counsel and Secretary. The reported transactions involve equity awards and tax-related share withholdings associated with his compensation package under AMC’s equity incentive plans.