Richard L. Gelfond, Chief Executive Officer of IMAX Corp (IMAX), sold 135,046 shares of the company's stock on April 10, 2026. The transaction, executed at an average price of $37.82 per share, amounted to approximately $5.11 million.
This sale follows several other sales by Mr. Gelfond earlier in April and by other executives in March. Insider sales can be attributed to various reasons, including portfolio diversification, tax planning, or adherence to pre-arranged trading plans, and do not necessarily indicate a negative view of the company's future prospects.