NCMI CFO Adds Net 19,836 Shares After RSU Vesting 鈥� Form 4 Filing

Q: How many NCMI shares did the CFO acquire on 06/30/2025?

38,750 shares were acquired through RSU vesting.

Q: What price were the shares sold to cover taxes in the NCMI Form 4?

The shares were sold at a weighted-average price of $4.8177.

Q: What is the CFO's total NCMI ownership after the reported transactions?

Ronnie Ng now directly owns 163,385 shares of National CineMedia.

Q: Is the sale portion of the transaction discretionary or tax-related?

The Form 4 states the sale was to satisfy tax obligations upon RSU vesting.

[Form 4] National CineMedia, Inc. Insider Trading Activity

Filing Impact

(Low)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

National CineMedia, Inc. (NCMI) 鈥� Form 4 overview: Chief Financial Officer Ronnie Y. Ng reported insider transactions dated 06/30/2025.

38,750 restricted stock units vested and automatically converted to common stock (Transaction Code M) at a zero exercise price.
To satisfy withholding taxes, 18,914 shares were sold on the open market at a weighted-average price of $4.8177 (Code S).
Net share increase: 19,836 shares, raising Ng鈥檚 direct beneficial ownership to 163,385 shares.
No derivative securities remain from this grant after conversion.

The filing reflects routine equity-award vesting and related tax sale rather than a discretionary market trade. Market impact is therefore expected to be limited.

Positive

Net insider ownership increased by 19,836 shares, suggesting continued stake in the company.

Negative

18,914 shares were sold in the market, although solely for tax-withholding purposes.

Insights

TL;DR: Routine RSU vesting; CFO retains most shares鈥攏eutral market signal.

The CFO鈥檚 action converted vested RSUs into stock and sold only the amount needed to cover taxes, leaving a net addition of nearly 20 k shares. Such tax-related sales are common and do not typically indicate a change in insider sentiment. Post-transaction ownership of 163,385 shares shows continued alignment with shareholders. Overall, I classify the event as immaterial to valuation or short-term trading dynamics.

TL;DR: Standard compliance filing; maintains insider ownership, no governance red flags.

The Form 4 is timely and complete, disclosing a Rule 10b5-1-compliant transaction. The insider followed best practice by selling only to cover statutory taxes, so there is no evidence of opportunistic trading. Governance risk remains unchanged.

07/02/2025 - 05:16 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ng Ronnie Y.

(Last)

(First)

(Middle)

C/O NATIONAL CINEMEDIA, INC.

6300 S. SYRACUSE WAY

(Street)

CENTENNIAL

80111

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
National CineMedia, Inc. [ NCMI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/30/2025		M		38,750⁽¹⁾	A	$0	182,299	D
Common Stock	06/30/2025		S		18,914⁽²⁾	D	$4.8177	163,385	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽³⁾	06/30/2025		M			38,750	06/30/2025	06/30/2025	Common Stock	38,750	$0	0	D

Explanation of Responses:

1. Represents acquisition of common stock upon vesting of restricted stock units.

2. Represents the sale of securities on the open market to satisfy the tax obligation upon the vesting of restricted stock units pursuant to the terms of the award agreement.

3. Each restricted stock unit represents the right to receive one share of the Issuer's common stock.

	/s/ Laura Anne Kenwick, as-attorney-in-fact	07/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source:

FAQ

How many NCMI shares did the CFO acquire on 06/30/2025?

38,750 shares were acquired through RSU vesting.

What price were the shares sold to cover taxes in the NCMI Form 4?

The shares were sold at a weighted-average price of $4.8177.

What is the CFO's total NCMI ownership after the reported transactions?

Ronnie Ng now directly owns 163,385 shares of National CineMedia.

Were any derivative securities left outstanding after the transaction?

No, the RSUs were fully converted, leaving 0 derivative securities from this grant.

Is the sale portion of the transaction discretionary or tax-related?

The Form 4 states the sale was to satisfy tax obligations upon RSU vesting.

AG真人官方

[Form 4] National CineMedia, Inc. Insider Trading Activity

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FAQ

How many NCMI shares did the CFO acquire on 06/30/2025?

What price were the shares sold to cover taxes in the NCMI Form 4?

What is the CFO's total NCMI ownership after the reported transactions?

Were any derivative securities left outstanding after the transaction?

Is the sale portion of the transaction discretionary or tax-related?

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[Form 4] National CineMedia, Inc. Insider Trading Activity

Insights

Securities Analyst neutral

Corporate Governance Expert neutral

FAQ

How many NCMI shares did the CFO acquire on 06/30/2025?

What price were the shares sold to cover taxes in the NCMI Form 4?

What is the CFO's total NCMI ownership after the reported transactions?

Were any derivative securities left outstanding after the transaction?

Is the sale portion of the transaction discretionary or tax-related?

NASDAQ:NCMI

NCMI Rankings

NCMI Latest News

NCMI Latest SEC Filings

NCMI Stock Data