Cinemark (CNK) director moves common shares into revocable family trust
Rhea-AI Filing Summary
Cinemark Holdings, Inc. director filed a Form 4 disclosing several internal share transfers to a family trust. On 7/11/2022, the reporting person transferred 34,105 shares of Cinemark common stock, for no consideration, to a revocable family trust for which the person is a trustee. On 7/5/2024, an additional 16,273 shares were similarly transferred for no consideration, and on 7/17/2025 a further 7,364 shares were transferred on the same terms. Following the latest transaction, the reporting person beneficially owned 4,200 shares of Cinemark common stock directly and 57,742 shares indirectly through the family trust. These moves reflect an ownership reorganization rather than an open-market sale.
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 | -- |
| 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. On 7/5/2024 the reporting person transferred, for no consideration, 16,273 shares of the common stock of issuer to a revoacable 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 benefically owned 4,200 shares of common stock as 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 transaction did Cinemark Holdings (CNK) disclose in this Form 4?
The Form 4 reports that a director of Cinemark Holdings, Inc. transferred shares of CNK common stock, for no consideration, to a revocable family trust for which the director is a trustee.
What is the relationship of the reporting person to Cinemark Holdings (CNK)?
The filing identifies the reporting person’s relationship to Cinemark Holdings, Inc. as a Director of the company.
Does the Form 4 for Cinemark (CNK) involve any derivative securities?
The derivative securities table is present but does not list any derivative transactions; the reported activity relates only to non-derivative common stock.