# EDGAR Filing Document

**Accession Number:** 0000921582
**File Stem:** 0000950170-25-086115
**Filing Date:** 2025-6
**Character Count:** 12540
**Document Hash:** 637ad75af032720b3218483211daa1d6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950170-25-086115.hdr.sgml**: 20250613

**ACCESSION NUMBER**: 0000950170-25-086115

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250612

**FILED AS OF DATE**: 20250613

**DATE AS OF CHANGE**: 20250613

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** DOUGLAS KEVIN
- **CENTRAL INDEX KEY:** 0001132859

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-35066
- **FILM NUMBER:** 251046297

**MAIL ADDRESS:**
- **STREET 1:** 300A DRAKES LANDING ROAD
- **STREET 2:** SUITE 200
- **CITY:** GREENBRAE
- **STATE:** CA
- **ZIP:** 94904
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** CELTIC FINANCIAL LLC
- **CENTRAL INDEX KEY:** 0001691073

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-35066
- **FILM NUMBER:** 251046296

**BUSINESS ADDRESS:**
- **STREET 1:** 300A DRAKES LANDING ROAD
- **STREET 2:** SUITE 200
- **CITY:** GREENBRAE
- **STATE:** CA
- **ZIP:** 94904
- **BUSINESS PHONE:** 415-526-2200

**MAIL ADDRESS:**
- **STREET 1:** 300A DRAKES LANDING ROAD
- **STREET 2:** SUITE 200
- **CITY:** GREENBRAE
- **STATE:** CA
- **ZIP:** 94904
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** DOUGLAS JAMES E III
- **CENTRAL INDEX KEY:** 0001268476

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-35066
- **FILM NUMBER:** 251046295

**MAIL ADDRESS:**
- **STREET 1:** 300A DRAKES LANDING ROAD
- **STREET 2:** SUITE 200
- **CITY:** GREENBRAE
- **STATE:** CA
- **ZIP:** 94904
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** IMAX CORP
- **CENTRAL INDEX KEY:** 0000921582
- **STANDARD INDUSTRIAL CLASSIFICATION:** PHOTOGRAPHIC EQUIPMENT & SUPPLIES [3861]
- **ORGANIZATION NAME:** 08 Industrial Applications and Services
- **EIN:** 980140269
- **STATE OF INCORPORATION:** A6
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 2525 SPEAKMAN DRIVE
- **CITY:** MISSISSAUGA
- **STATE:** A6
- **ZIP:** L5K 1B1
- **BUSINESS PHONE:** 9054036500

**MAIL ADDRESS:**
- **STREET 1:** 2525 SPEAKMAN DRIVE
- **CITY:** MISSISSAUGA
- **STATE:** A6
- **ZIP:** L5K 1B1

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>DOUGLAS KEVIN<br><sub>(Last) (First) (Middle)</sub><br>300A DRAKES LANDING RD., STE 200<br><sub>(Street)</sub><br>GREENBRAE, CA 94904<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-06-12 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [X] 10% Owner<br>[ ] Officer (give title below) [X] Other (specify below)<br>_13(d)(3) group_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>IMAX CORP [ IMAX ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>CELTIC FINANCIAL LLC<br><sub>(Last) (First) (Middle)</sub><br>300A DRAKES LANDING RD., STE 200<br><sub>(Street)</sub><br>GREENBRAE, CA 94904<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-06-12 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[ ] Officer (give title below) [X] Other (specify below)<br>_13(d)(3) group_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>IMAX CORP [ IMAX ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>DOUGLAS JAMES E III<br><sub>(Last) (First) (Middle)</sub><br>300A DRAKES LANDING RD., STE 200<br><sub>(Street)</sub><br>GREENBRAE, CA 94904<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-06-12 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[ ] Officer (give title below) [X] Other (specify below)<br>_13(d)(3) group_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>IMAX CORP [ IMAX ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2025-06-12 |  | A |  | 4558<sup>(12)</sup> | A | $0 | 3987650 | D<sup>(1)(2)(3)(4)</sup> |  |
| Common Stock |  |  |  |  |  |  |  | 440000 | I<sup>(2)(5)</sup> | By Nonexempt Trust FBO Kevin G. Douglas |
| Common Stock |  |  |  |  |  |  |  | 1363645 | I<sup>(2)(10)</sup> | By James E. Douglas, III |
| Common Stock |  |  |  |  |  |  |  | 571989 | I<sup>(2)(11)</sup> | By Celtic Financial, LLC |
| Common Stock |  |  |  |  |  |  |  | 646111 | I<sup>(2)(6)</sup> | By Irrevocable Descendants' Trust FBO Alexander James Douglas |
| Common Stock |  |  |  |  |  |  |  | 646110 | I<sup>(2)(7)</sup> | By Irrevocable Descendants' Trust FBO Amanda Anne Douglas |
| Common Stock |  |  |  |  |  |  |  | 646110 | I<sup>(2)(8)</sup> | By Irrevocable Descendants' Trust FBO Jake Edward Douglas |
| Common Stock |  |  |  |  |  |  |  | 646110 | I<sup>(2)(9)</sup> | By Irrevocable Descendants' Trust FBO Summer Jean Douglas |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) These securities are held directly and jointly by Kevin Douglas and his wife, Michelle Douglas.

(2) Each of the reporting persons hereunder (individually, a "Reporting Person" and collectively the "Reporting Persons") may be deemed a member of a "group" within the meaning of Section 13(d)(3) of the Securities and Exchange Act of 1934, as amended (the "Exchange Act") or Rule 13d-5 promulgated under the Exchange Act, with one or more of the other Reporting Persons.  Although the Reporting Persons are reporting such securities as if they were members of a "group", the filing of this Form 4 shall not be deemed an admission by any Reporting Person that such Reporting Person is a beneficial owner of any securities other than those directly held by such Reporting Person.

(3) Includes 62,652 shares held by an intentionally defective grantor trust (the "KGD IDGT").  Kevin Douglas, as the settlor of the KGD IDGT,  has the right to substitute property of equivalent value in return for the shares held by the KGD IDGT and may be deemed to have shared voting and dispositive power over the shares held by the KGD IDGT.

(4) Includes 62,652 shares held by an intentionally defective grantor trust (the "MMD IDGT").  Michelle Douglas, as the settlor of the MMD IDGT,  has the right to substitute property of equivalent value in return for the shares held by the MMD IDGT and may be deemed to have shared voting and dispositive power over the shares held by the MMD IDGT.

(5) These securities are held directly by the Nonexempt Trust FBO Kevin G. Douglas and indirectly by Kevin Douglas. Kevin Douglas is the trustee of the Nonexempt Trust FBO Kevin G. Douglas.

(6) These securities are held directly by the Irrevocable Descendants' Trust FBO Alexander James Douglas and indirectly by Kevin Douglas. Kevin Douglas and Michelle Douglas, husband and wife, are each a co-trustee of the Irrevocable Descendants' Trust FBO Alexander James Douglas.

(7) These securities are held directly by the Irrevocable Descendants' Trust FBO Amanda Anne Douglas and indirectly by Kevin Douglas. Kevin Douglas and Michelle Douglas, husband and wife, are each a co-trustee of the Irrevocable Descendants' Trust FBO Amanda Anne Douglas.

(8) These securities are held directly by the Irrevocable Descendants' Trust FBO Jake Edward Douglas and indirectly by Kevin Douglas. Kevin Douglas and Michelle Douglas, husband and wife, are each a co-trustee of the Irrevocable Descendants' Trust FBO Jake Edward Douglas.

(9) These securities are held directly by the Irrevocable Descendants' Trust FBO Summer Jean Douglas and indirectly by Kevin Douglas. Kevin Douglas and Michelle Douglas, husband and wife, are each a co-trustee of the Irrevocable Descendants' Trust FBO Summer Jean Douglas.

(10) Includes 923,645 shares held directly by James E. Douglas, III and 440,000 shares held by the Nonexempt Trust FBO James E. Douglas, III (of which James E. Douglas III is the trustee), and indirectly by Kevin Douglas

(11) These securities are held directly by Celtic Financial, LLC and indirectly by Kevin Douglas.

(12) Restricted stock units granted to Kevin Douglas which were vested on the date of grant.

**Signature:** /s/ Eileen Wheatman, attorney in fact for Kevin Douglas  
**Date:** 2025-06-13

**Signature:** /s/ Eileen Wheatman, attorney in fact for Celtic Financial, LLC  
**Date:** 2025-06-13

**Signature:** /s/ Eileen Wheatman, attorney in fact  for James E. Douglas III  
**Date:** 2025-06-13

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**