Mark Antonio Huidor, President of Technology and Chief Product Officer at Cineverse Corp (NASDAQ: CNVS), disclosed a personal purchase of company stock on February 17, 2026. Huidor acquired 37,500 shares of Class A Common Stock at $2.00 per share, bringing the total cost of the transaction to $75,000.
Following the purchase, Huidor directly holds 190,061 shares of Cineverse common stock. That total includes 83,334 shares classified as restricted stock.
In addition to his direct holdings, Huidor maintains several derivative securities tied to Cineverse equity. His reported holdings include Stock Appreciation Rights covering 50,000 shares, and Restricted Stock Units for 83,334 shares, 76,820 shares and 121,792 shares.
Separately, Cineverse has been active on the strategic front with multiple transactions and product launches intended to expand its footprint in advertising technology and media services.
The company announced the acquisition of advertising technology firm IndiCue, Inc. in a deal valued at up to $40 million. The agreement specifies a base consideration of $22 million, with up to an additional $18 million contingent on future performance milestones. To support that purchase, Cineverse secured $13 million in convertible notes from existing shareholders.
Cineverse also acquired Giant Worldwide in an all-cash transaction. The company said this purchase is expected to strengthen its Matchpoint platform by incorporating Giant Worldwide's client relationships with major Hollywood studios and streaming platforms. Alongside the acquisition, Cineverse named the leadership team for Giant Worldwide and indicated key executives will continue in their roles as the business is integrated into the Matchpoint ecosystem.
On the product side, Cineverse launched Matchpoint Creative Labs, an internal agency focused on producing video advertising for connected TV and streaming platforms. The company also entered a partnership with Revry, an LGBTQ+ streaming network, to deploy its Matchpoint Dispatch platform for automated content management and delivery. Cineverse said the Revry arrangement will help manage over 116,000 concurrent streams daily, aiming to improve operational efficiency.
The insider purchase by Huidor and the company's recent acquisitions and partnerships together paint a picture of concentrated activity around Cineverse's Matchpoint platform and streaming advertising ambitions.