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IMAX - Imax Corp

Insider Sale by Gelfond Richard L (CEO)

1 Month
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Trade Summary

1 week ago, Gelfond Richard L, serving as CEO at Imax Corp (IMAX), sold 25,024 shares at $40.14 per share, for a total transaction value of $1,004,405.00. Following this transaction, Gelfond Richard L now holds 1,530,004 shares of IMAX.

This sale represents a 2.00% decrease in Gelfond Richard L's stake in the company. This is considered a medium-conviction trade.

The trade was executed on Thursday, April 2, 2026 and publicly disclosed via SEC Form 4 filing on Monday, April 6, 2026, 4 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.

Gelfond Richard L

CEO

Richard L. Gelfond is the Chief Executive Officer of IMAX Corporation and a director since March 1994, becoming sole CEO in April 2009 after roles as Co-CEO (1996–2009), Co-Chairman (1999–2009), and Vice Chairman (1994–1999).[[1]](https://fintool.com/app/research/companies/IMAX/people/richard-gelfond)[[3]](https://en.wikipedia.org/wiki/Richard_Gelfond) Aged 69, he co-founded an investment company with Bradley J. Wechsler that acquired IMAX in 1994 via leveraged buyout, transforming it from 110 museum-focused theaters in 19 countries to approximately 1,700 global locations serving Hollywood blockbusters through format conversions and proprietary cameras.[[2]](https://www.axios.com/2024/01/26/imax-ceo-rich-gelfond-christopher-nolan)[[5]](https://sbmatters.stonybrook.edu/richard-gelfonds-incredible-journey-2/)[[1]](https://fintool.com/app/research/companies/IMAX/people/richard-gelfond) Under his leadership, IMAX expanded into commercial markets, strengthened studio partnerships, and achieved financial recovery, with 2024 revenues at $342.5 million and EBITDA at $89.2 million.[[1]](https://fintool.com/app/research/companies/IMAX/people/richard-gelfond) Gelfond's career began as a law clerk for Judge Max Rosenn on the U.S. Court of Appeals for the Third Circuit, followed by retail management, investment banking, and corporate law specializing in mergers, acquisitions, leveraged buyouts, and venture capital.[[4]](https://news.stonybrook.edu/alumni/richard-l-gelfond-76-2/) He holds a degree from Stony Brook University and a law degree from Northwestern University.[[6]](https://www.weforum.org/people/richard-l-gelfond/) Highlights include receiving an Academy Award in 1996 (and 1997) for IMAX's scientific achievements, current roles as Chairman and Non-Executive Director of IMAX China Holding, Inc. since 2015, and board positions with Stony Brook Foundation, Academy of Motion Picture Arts & Sciences, and Turkana Basin Institute.[[1]](https://fintool.com/app/research/companies/IMAX/people/richard-gelfond)[[3]](https://en.wikipedia.org/wiki/Richard_Gelfond)[[4]](https://news.stonybrook.edu/alumni/richard-l-gelfond-76-2/)

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Trade Price

$40.14

Quantity

25,024

Total Value

$1,004,405.00

Shares Owned

1,530,004

Trade Date

Thursday, April 2, 2026

7 days ago

SEC Filing Date

Monday, April 6, 2026

Filed 4 days after trade

COMMUNICATION SERVICESENTERTAINMENT

About Imax Corp

Company Overview

No company information available
View news mentioning IMAX

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