Short answer
Lionsgate Studios Corp. (LION) filed an 8-K current report with the SEC on April 15, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). CEO Jon Feltheimer’s employment extended through July 31, 2031, reinforcing leadership continuity.
Lionsgate Studios Corp. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- CEO Jon Feltheimer’s employment extended through July 31, 2031, reinforcing leadership continuity
- New equity package: 4,500,000 options at $11.07 plus 666,667 RSUs, tied to share-price targets of $17.50, $20.00, and $22.50
- Awards require five-year employment and price hurdles, aligning compensation with substantial shareholder-value appreciation
- Existing agreement provides $1,500,000 salary, $7,500,000 target bonus, and up to $15,000,000 maximum bonus
- Annual equity grants through fiscal 2029 target $10,000,000 each, while termination provisions enable accelerated vesting and enhanced change-in-control protection
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