4 unchanged sentences
Accordingly, even effective disclosure controls and procedures can only provide reasonable assurance of achieving their control objectives.
−Removed: The Company’s management, with the participation of its CEO and its CFO, has evaluated the effectiveness of the Company’s “disclosure controls and procedures” (as defined in the Exchange Act Rules 13a-15(e) or 15d-15(e)) as of December 31, 2024 and has concluded that, as of the end of the period covered by this report, the Company’s disclosure controls and procedures were effective.
+Added: The Company’s management, with the participation of its CEO and its CFO, has evaluated the effectiveness of the Company’s “disclosure controls and procedures” (as defined in Rules 13a-15(e) or 15d-15(e) under the Exchange Act) as of December 31, 2025 and has concluded that, as of the end of the period covered by this report, the Company’s disclosure controls and procedures were effective.
The Company will continue to periodically evaluate its disclosure controls and procedures and will make modifications from time to time as deemed necessary to ensure that information is recorded, processed, summarized, and reported within the time periods specified in the SEC’s rules and forms.
9 unchanged sentences
Other Information
−Removed: b) None of the Company’s directors or officers adopted , modified, or terminated a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement during the Company’s fiscal quarter ended December 31, 2024.
+Added: b) On December 9, 2025 , Richard Gelfond , the CEO , entered into a Rule 10b5-1 trading arrangement (as defined in Item 408 of Regulation S-K under the Exchange Act (“Item 408”) and such arrangement, the “Plan”) for the exercise of 486,284 of stock options granted in June 2016 (the “Options”) and sale of up to 486,284 common shares underlying the Options.
+Added: The Options have a 10-year expiry and are due to expire on June 7, 2026.
+Added: Sales under this Plan, which was previously disclosed in a Company subsidiary filing, may commence on March 10, 2026, after the completion of the required cooling off period under Rule 10b5-1.
+Added: The Plan will terminate on June 5, 2026 , or earlier if all shares underlying the Options have been sold.
+Added: This trading arrangement is intended to satisfy the affirmative defense of Rule 10b5-1(c).
+Added: No other Rule 10b5-1 or non-Rule 10b5-1 trading arrangements (as defined in Item 408) were adopted or terminated by any directors or officers of the Company during the quarter ended December 31, 2025.
Disclosure Regarding Foreign Jurisdictions that Prevent Inspections
7 unchanged sentences
The information required by Item 12 is incorporated by reference from the information under the following captions in the 2026 Proxy Statement:
−Removed: “Equity Compensation Plans;” “Principal Shareholders of Voting Shares;” and “Security Ownership of Directors and Management.”
+Added: “Equity Compensation Plan Information;” “Principal Shareholders of Voting Shares;” and “Security Ownership of Directors and Management.”
Certain Relationships and Related Transactions, and Director Independence
8 unchanged sentences
Financial Statement Schedules have been omitted since they either are not required, not applicable, or the information required is included in the financial statements or the accompanying notes thereto.
−Removed: Report of Independent Registered Public Accounting Firm, which covers the financial statements, the accompanying notes to the financial statements and the Company’s internal control over financial reporting, is included under Part II, Item 8.
+Added: Report of Independent Registered Public Accounting Firm, which covers the financial statements, the accompanying notes to the financial statements is included under Part II, Item 8, and the Company’s internal control over financial reporting is included under Part II, Item 9A.
Description Form File No Exhibit Filing
−Removed: 3.1 Restated Articles of Incorporation of IMAX Corporation, dated July 30, 2013.
+Added: 3.1 Articles of Amalgamation of IMAX Corporation, dated as of January 1, 2024.
10-Q 001-35066 3.1 10/23/25
4 unchanged sentences
10-K 001-35066 4.4 2/19/20
−Removed: 4.2 Indenture, dated as of March 19, 2021, between IMAX Corporation and U.S.
−Removed: Bank National Association.
−Removed: 10-Q 001-35066 4.1 4/29/21
−Removed: 4.3 Form of 0.500% Convertible Senior Notes due April 1, 2026 (included as Exhibit A to Exhibit 4.3)
−Removed: 10-Q 001-35066 4.2 4/29/21
+Added: 4.2 Indenture, dated as of November 6, 2025 , between IMAX Corporation and U.S.
+Added: Bank Trust Company, National Association.
+Added: 001-35066 4.1 11/6/25
+Added: 4.3 Form of 0.
+Added: 7 5 0% Convertible Senior Notes due November 15, 2030 (included as Exhibit A to Exhibit 4.
+Added: 001-35066 4.2 11/6/25
+10.1 Stock Option Plan of IMAX Corporation, dated June 18, 2008.
14 unchanged sentences
10-K 001-35066 10.2 2/21/13
−Removed: +10.9 Employment Agreement, dated July 1, 1998, between IMAX Corporation and Richard L.
−Removed: 10-K 001-35066 10.10 2/21/13
−Removed: +10.10 Amended Employment Agreement, dated July 12, 2000, between IMAX Corporation and Richard L.
−Removed: 10-K 001-35066 10.11 2/21/13
−Removed: +10.11 Amended Employment Agreement, dated March 8, 2006, between IMAX Corporation and Richard L.
−Removed: 10-K 001-35066 10.12 2/24/12
−Removed: +10.12 Amended Employment Agreement, dated February 15, 2007, between IMAX Corporation and Richard L.
−Removed: 10-K 001-35066 10.13 2/24/12
−Removed: +10.13 Amended Employment Agreement, dated December 31, 2007, between IMAX Corporation and Richard L.
−Removed: 10-K 001-35066 10.16 2/20/14
−Removed: +10.14 Amended Employment Agreement, dated December 11, 2008, between IMAX Corporation and Richard L.
−Removed: 10-K 001-35066 10.17 2/19/15
−Removed: +10.15 Amended Employment Agreement, dated December 20, 2010, between IMAX Corporation and Richard L.
−Removed: 10-K 001-35066 10.18 2/24/16
−Removed: +10.16 Amended Employment Agreement, dated December 12, 2011, between IMAX Corporation and Richard L.
−Removed: 10-K 001-35066 10.17 2/24/12
−Removed: +10.17 Employment Agreement, dated January 1, 2014, between IMAX Corporation and Richard L.
−Removed: 10-Q 001-35066 10.12 10/23/14
−Removed: +10.18 First Amending Agreement, dated December 9, 2015, between IMAX Corporation and Richard L.
−Removed: 10-K 001-35066 10.21 2/24/16
Employment Agreement, dated November 8, 2016, between IMAX Corporation and Richard L.
4 unchanged sentences
10-K 001-35066 10.1 10/31/22
+Added: T hi rd Amendment to Employment Agreement, dated as of July 17, 2025, by and between IMAX Corporation and Richard L.
Employment Agreement, dated December 18, 2017, between IMAX Corporation and Robert D.
3 unchanged sentences
+10.15 Second Amending Agreement, dated as of October 20, 2023, between IMAX Corporation and Robert D.
−Removed: +10.25 Employment Agreement, dated October 10, 2018, between IMAX Corporation and Megan Colligan.
−Removed: 10-Q 001-35066 10.48 7/28/20
+Added: 10-K 001-35066 10.24 2/27/24
Employment Memorandum, dated September 18, 2020, between IMAX Corporation and Mark Welton.
2 unchanged sentences
10-K 001-35066 10.38 2/24/22
−Removed: +10.28 Emp loyment Agreement, dated as of January 9, 2023, b etween IMAX China (Hong Kong) Lim ited and Daniel Manwaring .
+Added: A mendment to Employment Terms, dated as of May 20, 2025, between IMAX Corporation and Mark Welton.
+Added: Employment Agreement, dated as of January 9, 2023, between IMAX China (Hong Kong) Limited and Daniel Manwaring.
10-Q 001-35066 10.1 7/25/24
−Removed: A mendment Agreement to Employment Agreement, dated as of March 7, 2024, between IMAX China (Hong Kong) Limited and Daniel Manwaring.
+Added: Amendment Agreement to Employment Agreement, dated as of March 7, 2024, between IMAX China (Hong Kong) Limited and Daniel Manwaring.
+Added: Amendment Agreement to Employment Agreement, dated as of March 7, 2025, by and between IMAX China (Hong Kong) Limited and Daniel Wade Manwaring
Employment Agreement, dated April 25, 2022, between IMAX Corporation and Natasha Fernandes.
10-Q 001-35066 10.1 7/29/22
−Removed: Letter Agreement by and between Megan Colligan and IMAX Corporation.
−Removed: 8-K 001-35066 10.2 4/27/23
+Added: A mendment to Employment Terms, dated as of May 20, 2025, between IMAX Corporation and Natasha Fernandes
+Added: 10-Q 001-35066
+Added: E mployment Agreement, dated as of March 13, 2025, between IMAX Corporation and Jose Zlatar.
+Added: 001-35066 10.1
+Added: Amendment to Employment Terms, dated as of May 20, 2025, between IMAX Corporation and Jose Zlatar.
+Added: E mployment Agreement, dated as of January 12, 2024, between IMAX Corporation and Anne Globe .
+Added: A men dment to Employment Terms, dated as of May 20, 2025, between IMAX Corporation and Anne Globe.
Statement of Directors’ Compensation as of January 2023.
2 unchanged sentences
10-Q 001-35066 10.39 7/25/18
−Removed: Sixth Amended and Restated Credit Agreement, dated March 25, 2022, by and between IMAX Corporation, the Guarantors referred to therein, the Lenders referred to therein, and Wells Fargo Bank, National Association, as Administrative Agent.
−Removed: 10-Q 001-35066 10.1 4/28/22
−Removed: Base Call Option Confirmation, dated as of March 16, 2021 between IMAX Corporation and Wells Fargo Bank, National Association.
−Removed: 10-Q 001-35066 10.1 4/29/21
−Removed: Base Call Option Confirmation, dated as of March 16, 2021 between IMAX Corporation and Mizuho Markets Americas LLC.
−Removed: 10-Q 001-35066 10.2 4/29/21
−Removed: Base Call Option Confirmation, dated as of March 16, 2021 between IMAX Corporation and JPMorgan Chase Bank, National Association.
−Removed: 10-Q 001-35066 10.3 4/29/21
−Removed: Base Call Option Confirmation, dated as of March 16, 2021 between IMAX Corporation and HSBC Bank USA, National Association.
−Removed: 10-Q 001-35066 10.4 4/29/21
−Removed: Additional Call Option Confirmation, dated as of March 18, 2021 between IMAX Corporation and Wells Fargo Bank, National Association.
−Removed: 10-Q 001-35066 10.5 4/29/21
−Removed: Additional Call Option Confirmation, dated as of March 18, 2021 between IMAX Corporation and Mizuho Markets Americas LLC.
−Removed: 10-Q 001-35066 10.6 4/29/21
−Removed: 10.40 Additional Call Option Confirmation, dated as of March 18, 2021 between IMAX Corporation and JPMorgan Chase Bank, National Association.
−Removed: 10-Q 001-35066 10.7 4/29/21
−Removed: 10.41 Additional Call Option Confirmation, dated as of March 18, 2021 between IMAX Corporation and HSBC Bank USA, National Association.
−Removed: 10-Q 001-35066 10.8 4/29/21
+Added: S eventh Amended and Restated Credit Agreement, dated July 14, 2025, by a nd between IMAX Corporation and Wells Fargo Bank, National Association.
+Added: 001-35066 10.1 10/23/25
+Added: F orm of Call Option Confirmation b etween IMAX Corporation and each of Option Counter parties.
+Added: 001-35066 10.1 11/06/25
IMAX Insider Trading Policy.
+Added: 001-35066 19.1 2/19/25
Subsidiaries of IMAX Corporation.
24 unchanged sentences
Chief Financial Officer &
+Added: Executive Vice-President
February 25, 2026
1 unchanged sentence
/s/ RICHARD L.
−Removed: GELFOND /s/ NATASHA FERNANDES
+Added: GELFOND /s/ NATASHA FERNANDES /s/ JOSE ZLATAR
Chief Executive Officer &
3 unchanged sentences
Executive Vice-President
−Removed: (Principal Financial Officer and
+Added: (Principal Financial Officer)
+Added: Senior Vice-President, Finance & Controller
(Principal Accounting Officer)
Chairman of the Board & Director
−Removed: Demirian (Chair)
Kevin Douglas
5 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.