Cineverse Corp. (CNVS)

Current Report Filed: 2026-05-01

Key Insights

Cineverse is converting 3.118 shares of Series A Preferred Stock into Common Stock through a structured exchange agreement with OCI-Cinedigm, LLC, eliminating preferred equity obligations.
The conversion will occur in five equal tranches starting May 1, 2026, with Common Stock pricing based on 5-day volume weighted average prices, potentially diluting existing shareholders depending on market conditions.
The company authorized up to 1,500,000 shares of Common Stock for this exchange, which represents a significant potential dilution relative to typical small-cap market capitalizations.
By retiring the exchanged Preferred Stock immediately, Cineverse simplifies its capital structure and reduces future dividend/liquidation preference obligations to this preferred holder.

Insider Trading Filed: 2026-04-28

Key Insights

Gary S. Loffredo, CLO/Secretary and Sr Advisor, acquired 33,333 Class A shares through vesting of restricted stock units on 04/25/2026, demonstrating ongoing equity compensation tied to company performance milestones.
Loffredo simultaneously disposed of 33,052 shares at $2.39 per share, likely for tax withholding purposes related to RSU vesting, which is routine executive compensation management.
Executive maintains substantial equity holdings including 233,670 common shares and significant derivative positions (120,380 stock appreciation rights), indicating strong personal investment alignment with shareholder interests.
The filing shows no speculative insider buying activity; instead, it reflects standard equity compensation vesting schedules with scheduled RSU and SAR exercises extending through 2033, suggesting confidence in long-term value creation.

Insider Trading Filed: 2026-04-28

Key Insights

Yolanda Macias, Chief Motion Pictures Officer, executed a mixed transaction on April 25, 2026: acquiring 33,333 restricted stock units (RSUs) while simultaneously selling 36,896 shares at $2.39, suggesting a rebalancing of her compensation rather than strong conviction buying.
Macias holds substantial equity positions totaling 155,093 shares directly plus significant unvested RSUs (153,699 units) and stock appreciation rights (55,000 SARs), indicating substantial long-term alignment with company performance despite the recent sale activity.
The restricted stock vesting schedule shows 33,333 RSUs vesting April 25, 2026 with another 33,334 vesting one year later, along with two tranches of RSUs vesting through 2028, demonstrating a multi-year retention incentive structure typical of executive compensation.
The sale of 36,896 shares at $2.39 represents a modest liquidation of recent vesting proceeds, a routine administrative transaction to pay taxes or diversify holdings rather than a signal of negative sentiment about company prospects.

Insider Trading Filed: 2026-04-28

Key Insights

CFO Mark Lindsey exercised stock options and received RSU vesting totaling approximately 66,863 shares on 04/25/2026, indicating confidence in the company's direction despite recent stock price weakness at $2.39 per share.
Lindsey's total beneficial ownership increased to approximately 341,472 shares following this transaction, demonstrating significant personal investment alignment with shareholders.
The filing shows a mix of compensation vesting (RSUs from different grant dates) and option exercises, suggesting a structured equity compensation program typical for executive retention at public companies.
Stock Appreciation Rights with an $11.95 strike price are well out-of-the-money given the current $2.39 trading price, indicating potential previous periods of higher stock valuation.

Insider Trading Filed: 2026-04-28

Key Insights

CSO and President Erick Opeka acquired 45,833 shares of Class A Common Stock through RSU vesting on 04/25/2026, with an additional 45,834 shares vesting on 04/25/2027, demonstrating continued equity compensation tied to performance milestones.
Opeka sold 45,655 shares at $2.39 per share on the same date as RSU vesting, likely a tax-motivated cashless exercise or net settlement transaction rather than a bearish signal about company prospects.
The executive maintains substantial beneficial ownership including 269,979 common shares plus derivative securities (152,750 SARs and 284,531 RSUs), indicating significant long-term alignment with shareholder interests despite the near-term share sale.
Multiple tranches of RSUs and SARs have varying vesting schedules extending through 2033, suggesting the company has structured long-term retention incentives for senior leadership across different grant periods.

Insider Trading Filed: 2026-04-28

Key Insights

CEO Christopher McGurk acquired 50,000 shares of Class A Common Stock on April 25, 2026, increasing his direct ownership to 542,519 shares, demonstrating continued confidence in the company by top leadership.
McGurk holds substantial equity compensation with 285,000 vested and unvested Stock Appreciation Rights across three tranches (expiring 2028-2032) and 433,006 RSUs, indicating significant long-term alignment with shareholder interests.
The filing shows a deliberate vesting schedule for RSUs extending through 2028, with additional 120,000 RSUs vesting over three years, suggesting the board's commitment to retaining the CEO with performance-based equity incentives.
McGurk's total beneficial ownership of 721,045 shares (direct and indirect) represents meaningful skin-in-the-game as both CEO/Chairman and 10% owner, which is typically viewed favorably by investors for governance alignment.

Insider Trading Filed: 2026-04-28

Key Insights

Mark Torres, Chief People Officer at Cineverse, acquired 33,333 shares through RSU vesting on April 25, 2026, increasing his direct beneficial ownership to 216,607 shares, demonstrating continued accumulation of company equity.
Torres simultaneously disposed of 37,049 shares at $2.39 per share on the same date, likely for tax withholding purposes related to RSU vesting, a common insider practice that does not necessarily indicate bearish sentiment.
The executive holds substantial derivative positions including 8,334 stock appreciation rights at $39.40 and 12,500 SARs at $5.80, plus 143,583 additional RSUs vesting over multiple years, indicating significant long-term compensation alignment with shareholder interests.
The timing of the transaction (same-day vesting, acquisition, and sale) suggests routine equity compensation administration rather than discretionary trading, limiting signaling value regarding management's market outlook.

Insider Trading Filed: 2026-04-28

Key Insights

Antonio Huidor, President and Chief Product Officer, acquired 41,666 Class A Common Stock shares through restricted stock unit vesting on April 25, 2026, indicating ongoing equity compensation alignment with company performance.
The executive sold 45,703 shares at $2.39 per share on the same date as the RSU vesting, suggesting a potential liquidity event or tax-motivated sale rather than a conviction-based transaction.
Huidor maintains substantial beneficial ownership of 186,024 shares post-transaction, plus additional exposure through 240,280 unvested RSUs and 50,000 stock appreciation rights, demonstrating significant long-term stake in the company.
The vesting schedule shows a balanced compensation structure with RSUs vesting through 2028, indicating a multi-year retention mechanism typical of equity-based executive compensation plans.

Current Report Filed: 2026-04-15

Key Insights

Cineverse Corp. announced the appointment of a new Chief Financial Officer, Sean McCabe, who has prior experience at the company and other finance roles.
The new CFO employment agreement includes a base salary of $340,000, a 50% target bonus, and restricted stock units vesting over 3 years, providing performance incentives.
The agreement also includes severance provisions, including 12 months' base salary for termination without cause, and a 2x multiplier on salary and bonus for a change-in-control termination, protecting the CFO.

Current Report Filed: 2026-02-17

Key Insights

Cineverse Corp. is raising $3 million in a public offering of 1.5 million shares of its Class A common stock at $2 per share, with an additional 225,000 shares as an underwriter option.
The company plans to use the net proceeds of approximately $2.8 million (or $3.2 million if the underwriter option is exercised) for working capital, content acquisition, and general corporate purposes.
The public offering will provide Cineverse with additional funding to support its business activities and growth initiatives.

Current Report Filed: 2026-02-17

Key Insights

Cineverse Corp. acquired IndiCue, Inc., a next-generation CTV monetization and engagement platform, for $22 million in cash and stock.
Cineverse issued $13 million in convertible notes with a 9% interest rate and a $2 per share conversion price.
The acquisition and convertible note financing provide Cineverse with additional growth capital and capabilities in the CTV advertising space.

Current Report Filed: 2026-02-17

Key Insights

Cineverse Corp. reported its financial results for the three and nine months ended December 31, 2025, indicating the company's performance during this period.
The filing does not provide any details on material agreements, leadership changes, or other significant corporate events that may impact the company's future prospects.
Without additional financial and operational information, it is difficult to determine the overall sentiment and significance of this 8-K filing for investors.

Quarterly Report Filed: 2026-02-17

Key Insights

The company's OTT streaming and digital segment revenue appears to be a major focus, with reporting for this segment covering multiple quarters.
Cineverse has entered into several key agreements, including an ATM sales agreement, a supplier agreement, and a sales agreement, which may impact its financial performance.
The company has made some non-recurring adjustments, such as the acquisition of IndiCue, which could affect its overall profitability.

Current Report Filed: 2026-02-12

Key Insights

Cineverse Corp. has entered into a definitive agreement to acquire IndiCue, Inc., a next-generation CTV monetization and engagement platform, for $22 million in cash and potential earn-out payments.
The company has also raised $13 million through the sale of convertible notes, which will be used in part to fund the cash portion of the IndiCue acquisition.
The acquisition of IndiCue and the convertible note financing represent significant strategic and financial transactions for Cineverse, as the company seeks to expand its connected TV capabilities and strengthen its balance sheet.

Current Report Filed: 2026-01-13

Key Insights

Cineverse Corp. has announced the acquisition of Giant Worldwide, which could expand its content portfolio and market reach.
The company has also announced a new leadership team for the acquired Giant Worldwide business, indicating a focus on integrating and growing the new asset.
The two press releases suggest Cineverse is actively pursuing strategic growth opportunities, which could be positive for investors if executed well.

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Important Information