Cinemark Holdings, Inc. filed a Form 8-K with the SEC on August 12, 2026, disclosing the election of Lawrence Burian to its Board of Directors and announcing a dividend to be paid during the third quarter of 2026.
Key Highlights
- New Director Elected: Lawrence Burian was elected to the Cinemark Holdings Board of Directors on August 12, 2026, as a Class II Director, filling a vacancy created by the Board.
- Base Retainer Fee: As a non-employee Director, Mr. Burian will receive a base retainer fee of $95,000 per year under the company's non-employee director compensation policy.
- Annual Equity Grant: Mr. Burian will also receive an annual grant of restricted shares of common stock valued at $175,000, with the share count determined by dividing $175,000 by the fair market value on the grant date, rounded down to the nearest whole share.
- Vesting Terms: Each restricted stock award generally vests on the first anniversary of the grant date, subject to continued service through the vesting date.
- Q3 2026 Dividend Declared: The Board declared a dividend to be paid during the third quarter of 2026, according to the filing.
Cinemark Board Expansion and Director Compensation Under the Company's Non-Employee Policy
According to the Form 8-K filed on NYSE:CNK on August 12, 2026, Cinemark Holdings, Inc.'s Board of Directors elected Lawrence Burian as a Class II Director to fill a vacancy created by the Board. The filing states that Mr. Burian will be compensated in accordance with the company's existing compensation policy for non-employee directors.
Under that policy, the filing discloses, Mr. Burian will receive an annual base retainer fee of $95,000. In addition, he will receive an annual grant of restricted shares of the company's common stock valued at $175,000. The filing specifies that the number of restricted shares issued is determined by dividing $175,000 by the fair market value of one share on the grant date, rounded down to the nearest whole share. Both the initial award and each subsequent annual award "generally vest on the first anniversary of the date of the grant, subject to his continued service to the Company through the vesting dates," according to the filing.
Separately, the filing also reports that Cinemark Holdings, Inc. issued a press release on August 12, 2026, announcing that the Board declared a dividend to be paid during the third quarter of 2026. The filing does not specify the dividend amount or per-share figure in the body of the Form 8-K itself; that information is contained in the attached Exhibit 99.1. The filing was signed by Michael Cavalier, Executive Vice President, General Counsel and Business Affairs.
What Was Disclosed
The August 12, 2026 Form 8-K from Cinemark Holdings disclosed the Board election of Lawrence Burian as a Class II Director with specified non-employee director compensation terms, and announced that the Board declared a third-quarter 2026 dividend.



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