Robert Izquierdo, The Motley Fool
Sat, March 21, 2026 astatine 1:06 PM CDT 4 min read
Kevin Douglas, a subordinate of the Board of Directors for IMAX (NYSE:IMAX), reported the merchantability of 568,000 shares successful aggregate open-market transactions connected March 16, 2026, arsenic elaborate successful the SEC Form 4 filing.
| Shares sold | 568,000 |
| Shares sold (direct) | 330,200 |
| Shares sold (indirect) | 237,800 |
| Transaction value | ~$21.5 million |
| Post-transaction shares (direct) | 3,657,450 |
| Post-transaction shares (indirect) | 1,614,299 |
| Post-transaction worth (direct ownership) | ~$143.3 million |
Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($37.82); post-transaction worth based connected March 16, 2026 marketplace adjacent ($39.19).
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How does this merchantability comparison to Douglas's humanities trading activity?
Since June of 2023, this is Douglas's lone reported open-market sale, with the transaction size of 568,000 shares matching the median for his merchantability events successful the period. -
Which entities were progressive successful the indirect information of this sale?
The 237,800 shares sold indirectly were held done a bid of household trusts, intentionally defective grantor trusts (IDGTs), and constricted liability companies, reflecting diversified property and household plus planning. -
What is the interaction connected Douglas's wide ownership and influence?
Following the sale, Douglas maintains implicit 5.3 cardinal shares, continuing to correspond a sizable insider presumption successful IMAX. -
Did marketplace conditions power the timing oregon operation of this transaction?
The merchantability occurred with IMAX shares up 38.51% implicit the anterior twelvemonth arsenic of March 16, 2026, suggesting the transaction provided liquidity during a play of spot but remains wrong the discourse of regular portfolio management.
| Revenue (TTM) | $410.21 million |
| Net income (TTM) | $34.88 million |
| Employees | 700 |
| 1-year terms change | 38.51% |
* 1-year terms alteration calculated arsenic of marketplace adjacent March 16, 2026.
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IMAX offers proprietary cinematic technology, IMAX Digital Re-Mastering, large-format projection systems, post-production services, and camera rentals for some documentary and Hollywood filmmakers.
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It generates gross done sales, leases, and associated gross sharing of IMAX theatre systems, arsenic good arsenic attraction services and movie distribution.
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The institution serves commercialized multiplex operators, acquisition and taste institutions, museums, taxable parks, and destination venues successful implicit 80 countries.
IMAX is simply a planetary person successful amusement technology, specializing successful high-end cinematic experiences and proprietary large-format projection systems. The institution leverages its exertion level and intelligence spot to present premium viewing experiences, driving some strategy income and recurring gross from its extended worldwide theatre network.

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