National CineMedia, Inc.
NCMI · Services-Advertising · 93.8M shares · -11%/yr ↓ buyback · EDGAR filings ↗
Reference price $3.77 · est. market cap ~$354M — last insider sale, 2026-07-02 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D52gen composite 58pct→72; net + operating loss
Notable findings
- Net lossNet loss (net margin -4.4%)
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Buying back stockNet buyback — share count -11%/yr over 4y
- Notable holderHeld by 5 notable fund(s): STATE STREET CORP, GOLDMAN SACHS GROUP INC, CITADEL ADVISORS LLC +2 more (as of 2026-03-31)
- New fund positionNotable fund(s) opened this quarter: RENAISSANCE TECHNOLOGIES LLC
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
94.7%
Operating margin
-5.7%
Net margin
-4.4%
Return on equity
-2.8%
Return on assets
-2.2%
ROIC
-2.8%
Revenue growth (QoQ)
-2.6%
Debt / equity
0.0×
Current ratio
2.2×
Free cash flow
$3M
Tangible book value
$66M
Cash & investments
$35M
Stock comp / revenue
3.8%
Leadership & compensation
| Name | Role | Latest total comp |
|---|---|---|
| Thomas F. Lesinski | Chief Executive Officer | $3M FY2025 |
| Catherine A. Sullivan | President - Sales & Marketing | $3M FY2025 |
| Maria V. Woods | Chief Legal Officer | $1M FY2025 |
| Ronnie Y. Ng | Chief Financial Officer | $2M FY2025 |
| Bell Nicholas | Director | — |
| Bernadette Aulestia | Director | $93K FY2025 |
| Glazek David Edward | Director | — |
| HILL JULIANA F | Director | — |
| Joseph Marchese | Director | $216K FY2025 |
| Kelly Campbell Kotzman | Director | $191K FY2025 |
| Lauren Zalaznick | Director | $113K FY2025 |
| Maheu Jean-Philippe | Director | — |
| MARCHESE JOE | Director | — |
| Nathan Lane | Director | $215K FY2025 |
| Sadie Mark James van Lill | Director | — |
Officers & directors from SEC filings (Form 4 + DEF 14A proxy); compensation is the latest reported fiscal year.
Insider transactions · last 6 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-07-02 | Ng Ronnie Y. | Sell | 32K | $3.77 |
| 2026-07-02 | Woods Maria VG | Sell | 12K | $3.77 |
| 2026-07-02 | Lesinski Thomas F. | Sell | 70K | $3.77 |
| 2026-06-30 | Woods Maria VG | Option exercise | 26K | — |
| 2026-06-30 | Ng Ronnie Y. | Option exercise | 52K | — |
| 2026-06-30 | Lesinski Thomas F. | Option exercise | 103K | — |
| 2026-06-26 | Lesinski Thomas F. | Sell | 29K | $3.62 |
| 2026-06-25 | Lesinski Thomas F. | Sell | 46K | $3.55 |
| 2026-06-22 | Ng Ronnie Y. | Sell | 19K | $3.42 |
| 2026-05-04 | Lesinski Thomas F. | Sell | 20K | $3.45 |
| 2026-05-04 | Woods Maria VG | Sell | 5.5K | $3.45 |
| 2026-05-04 | Ng Ronnie Y. | Sell | 13K | $3.45 |
| 2026-05-01 | Ng Ronnie Y. | Option exercise | 21K | — |
| 2026-05-01 | Lesinski Thomas F. | Option exercise | 30K | — |
| 2026-05-01 | Woods Maria VG | Option exercise | 12K | — |
| 2026-04-01 | Lesinski Thomas F. | Sell | 65K | $3.04 |
| 2026-04-01 | Woods Maria VG | Sell | 12K | $3.04 |
| 2026-04-01 | Ng Ronnie Y. | Sell | 32K | $3.04 |
| 2026-03-31 | Woods Maria VG | Option exercise | 26K | — |
| 2026-03-31 | Lesinski Thomas F. | Option exercise | 103K | — |
| 2026-03-31 | Ng Ronnie Y. | Option exercise | 52K | — |
| 2026-03-03 | Lesinski Thomas F. | Sell | 31K | $3.55 |
| 2026-03-02 | Lesinski Thomas F. | Option exercise | 50K | — |
| 2026-02-27 | Glazek David Edward | Option exercise | 18K | — |
| 2026-02-27 | Campbell Kotzman Kelly | Option exercise | 14K | — |
| 2026-02-27 | Bell Nicholas | Option exercise | 18K | — |
| 2026-02-27 | HILL JULIANA F | Option exercise | 18K | — |
| 2026-02-27 | MARCHESE JOE | Option exercise | 18K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-12 | 2026-05-07 | 0001193125-26-219406 ↗ |
| 10-Q | 2026-05-12 | 2026-04-02 | 0001193125-26-219502 ↗ |
| DEF 14A | 2026-03-27 | 2026-03-26 | 0001193125-26-127632 ↗ |
| 8-K | 2026-03-27 | 2026-03-26 | 0001193125-26-127652 ↗ |
| 8-K/A | 2026-02-27 | 2026-02-26 | 0001193125-26-079273 ↗ |
| 10-K | 2026-02-26 | 2026-01-01 | 0001193125-26-076788 ↗ |
| 8-K | 2026-02-26 | 2026-02-26 | 0001193125-26-076630 ↗ |
| 8-K | 2025-12-23 | 2025-12-22 | 0001193125-25-330847 ↗ |
| 8-K | 2025-11-17 | 2025-11-17 | 0001193125-25-283977 ↗ |
| 8-K | 2025-11-14 | 2025-11-13 | 0001193125-25-283319 ↗ |
| 10-Q | 2025-10-30 | 2025-09-25 | 0001193125-25-258597 ↗ |
| 8-K | 2025-10-30 | 2025-10-30 | 0001193125-25-258533 ↗ |