Lionsgate Studios (LION) GC has 4,430 shares withheld for RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lionsgate Studios Corp. General Counsel Tobey Bruce reported a routine tax-withholding transaction. On this Form 4, 4,430 common shares were automatically withheld at $9.39 per share to satisfy tax obligations when 8,707 restricted share units vested under the Lionsgate Studios Corp. 2025 Performance Incentive Plan.
After the withholding, Bruce directly holds 297,231 common shares, including unvested RSUs. These comprise 19,690 RSUs scheduled to vest on July 3, 2026; 45,707 RSUs vesting in two equal installments on July 1, 2026 and 2027; 68,614 RSUs vesting in three equal installments on April 9, 2026, 2027 and 2028; and 87,780 RSUs vesting in three equal installments on July 1, 2026, 2027 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tobey Bruce
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 4,430 | $9.39 | $42K |
Holdings After Transaction:
Common Shares — 297,231 shares (Direct)
Footnotes (1)
- Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 8,707 restricted share units ("RSUs"). The grant of the units was previously reported and, pursuant to the Lionsgate Studios Corp. 2025 Performance Incentive Plan and the Issuer's policies, 4,430 common shares were automatically canceled to cover certain of the reporting person's tax obligations. Amount includes the following RSUs granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 19,690 RSUs scheduled to vest on July 3, 2026; (ii) 45,707 RSUs scheduled to vest in two equal annual installments on July 1, 2026 and 2027; (iii) 68,614 RSUs scheduled to vest in three equal annual installments on April 9, 2026, 2027 and 2028; and (iv) 87,780 SUs scheduled to vest in three equal annual installments on July 1, 2026, 2027 and 2028.
Key Figures
Shares withheld for taxes: 4,430 shares
Withholding price per share: $9.39 per share
Shares held after transaction: 297,231 shares
+4 more
7 metrics
Shares withheld for taxes
4,430 shares
Withheld to satisfy tax obligations on RSU vesting
Withholding price per share
$9.39 per share
Value used for 4,430-share tax-withholding disposition
Shares held after transaction
297,231 shares
Direct common share holdings following tax withholding
RSUs vesting July 3, 2026
19,690 RSUs
Scheduled single vesting date July 3, 2026
RSUs vesting July 1, 2026 & 2027
45,707 RSUs
Vest in two equal annual installments on July 1, 2026 and 2027
RSUs vesting April 9, 2026–2028
68,614 RSUs
Vest in three equal annual installments on April 9, 2026–2028
RSUs vesting July 1, 2026–2028
87,780 RSUs
Vest in three equal annual installments on July 1, 2026–2028
Key Terms
restricted share units ("RSUs"), tax withholding obligations, 2025 Performance Incentive Plan, tax-withholding disposition
4 terms
tax withholding obligations financial
"Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 8,707 restricted share units ("RSUs")."
2025 Performance Incentive Plan financial
"The grant of the units was previously reported and, pursuant to the Lionsgate Studios Corp. 2025 Performance Incentive Plan and the Issuer's policies, 4,430 common shares were automatically canceled..."
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" describing the F-code transaction."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did Lionsgate Studios Corp. (LION) General Counsel Tobey Bruce report on this Form 4?
Tobey Bruce reported that 4,430 Lionsgate Studios common shares were withheld to cover tax obligations when 8,707 restricted share units vested. This was an automatic tax-withholding disposition, not an open-market sale, and is part of routine equity compensation administration.
What future RSU vesting schedule does Tobey Bruce have at Lionsgate Studios (LION)?
Bruce’s position includes 19,690 RSUs vesting July 3, 2026; 45,707 RSUs vesting in two installments on July 1, 2026 and 2027; 68,614 RSUs vesting on April 9, 2026, 2027 and 2028; and 87,780 RSUs vesting on July 1, 2026, 2027 and 2028.
Was Tobey Bruce’s Lionsgate Studios (LION) Form 4 transaction an open-market sale?
No. The filing describes a tax-withholding disposition coded “F,” where 4,430 shares were automatically withheld by the issuer to cover tax obligations. It did not involve an open-market sale or discretionary trading decision by Bruce.