Summary by Futu AI
On January 2, 2025, Adam M. Aron, Chairman, President & CEO of AMC Entertainment, executed a series of stock transactions. Aron exercised 273,566 shares of Class A Common Stock at $0 per share through the conversion of derivative securities. This increased his direct holdings to 847,237 shares.Concurrently, Aron disposed of 124,417 shares at $0 per share as part of a payment for exercise price or tax liability. This transaction was completed by delivering or withholding securities. Following these transactions, Aron's direct ownership of AMC Entertainment's Class A Common Stock stands at 722,820 shares.These transactions, classified as completed, resulted in a net increase of 149,149 shares in Aron's direct holdings. The actions reflect a standard executive compensation practice, combining the exercise of stock options with the disposal of shares to cover associated costs.