Cinemark (NYSE: CNK) director moves shares to family trust and gets award
Rhea-AI Filing Summary
Cinemark Holdings, Inc. disclosed that one of its directors reported several transactions in the company’s common stock. On 07/11/2022, the director transferred, for no consideration, 34,105 shares to a revocable family trust for which the director serves as trustee. On 06/15/2023, the director received an annual award of 7,867 restricted shares under the director compensation policy, with a par value of $0.01 per share.
On 07/05/2024, the director transferred, again for no consideration, 16,273 shares to the same revocable family trust, and on 07/17/2025 transferred a further 7,364 shares to that trust, also for no consideration. Following the latest transaction, the director beneficially owned 4,200 shares directly and 57,742 shares indirectly through the family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 7,364 | $0.00 | -- |
| Gift | Common Stock | 16,273 | $0.00 | -- |
| Grant/Award | Common Stock | 7,867 | $0.00 | -- |
| Gift | Common Stock | 34,105 | $0.00 | -- |
Footnotes (1)
- On 7/11/2022 the reporting person transferred, for no consideration, 34,105 shares of the common stock of issuer to a revocable family trust for which this person is a trustee. Annual award of restricted stock pursuant to the director compensation policy. Par value is $0.01 per share. On 07/05/2024 the reporting person transferred, for no consideration, 16,273 shares of the common stock of issuer to a revocable family trust for which this person is a trustee. On 7/17/2025 the reporting person transferred, for no consideration, 7,364 shares of the common stock of issuer to a revocable family trust for which this person is a trustee. Following such transaction, the reporting person beneficially owned 4,200 shares of common stock of the issuer directly and beneficially owned 57,742 shares of common stock of the issuer indirectly through a family trust for which the reporting person is a trustee.
FAQ
What insider transactions did Cinemark (CNK) disclose in this Form 4?
The filing shows a Cinemark director reported multiple transfers of common stock to a revocable family trust for no consideration, plus an annual restricted stock award under the director compensation policy.
What stock award did the Cinemark (CNK) director receive?
On 06/15/2023, the director received an annual award of 7,867 restricted shares of Cinemark common stock, granted under the director compensation policy with a par value of $0.01 per share.
What is the director’s beneficial ownership in Cinemark (CNK) after these transactions?
After the 07/17/2025 transfer, the director beneficially owned 4,200 shares of Cinemark common stock directly and 57,742 shares indirectly through the revocable family trust.