Trade Summary
5 days ago, Gelfond Richard L, serving as CEO at Imax Corp (IMAX), sold 121,220 shares at $40.10 per share, for a total transaction value of $4,860,837.00. Following this transaction, Gelfond Richard L now holds 1,530,004 shares of IMAX.
This sale represents a 7.00% decrease in Gelfond Richard L's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Tuesday, March 10, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, March 12, 2026, 2 days after the trade was made.
Imax Corp operates in the COMMUNICATION SERVICES sector, specifically within the ENTERTAINMENT industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.