IMAX CTO Sells Shares Amid Rising Stock Price
Pablo Calamera, Chief Technology Officer and Executive Vice President of IMAX Corporation (NYSE: IMAX), sold 15,000 common shares on August 20, 2026 at a weighted average price of $52.41 per share, reducing his direct stake by approximately 26%. The transaction valued the sale at $786,150 and left Calamera with 43,012 directly held shares worth around $2.3 million based on the closing stock price that day. Despite this significant reduction in holdings, Calamera still retains a substantial equity position through both common shares and restricted share units (RSUs), maintaining alignment with shareholder interests. The sale occurred as IMAX's stock was trading near an all-time high of $54.50 on the same date, following strong financial performance including 12% year-over-year revenue growth in Q2 to $103 million. The company reported a net income increase of 30% year over year to $15.9 million during this period and is benefiting from investor optimism fueled by box office success with Christopher Nolan's The Odyssey, which became the highest-grossing IMAX film ever.
Tickers: $IMAX
Topics: executive sale SEC Form 4 stock ownership