4/A: E.W. Scripps Co: Chief Legal Officer Reports Stock Transactions
SEC Form 4/A
William Appleton, Chief Legal Officer of E.W. Scripps Co, reports the conversion of restricted stock units and withholding of shares for tax obligations.
Summary
- William Appleton, the Chief Legal Officer of E.W. Scripps Co, filed an amended Form 4 detailing changes in beneficial ownership.
- On May 1, 2024, Appleton converted 9,755 restricted stock units into Class A Common Shares.
- Also on May 1, 2024, 4,191 shares were withheld to satisfy tax obligations related to a long-term incentive award.
- As a result of these transactions, Appleton directly owns 146,072 Class A Common Shares.
- Appleton also holds various restricted stock units that will vest in future years, converting into Class A Common Shares upon vesting.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, and carries a neutral sentiment.
Future Outlook
The document outlines future vesting dates for restricted stock units, indicating potential future conversions to Class A Common Shares.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | Date associated with restricted stock units. |
| 03/01/2023 | Date associated with restricted stock units. |
| 05/01/2024 | Date of the reported transactions (conversion of restricted stock units and tax withholding). |
| 05/03/2024 | Date of original filing. |
| 08/14/2024 | Date of signature by Power of Attorney. |
| 03/01/2025 | Date associated with restricted stock units. |
| 03/01/2026 | Date associated with restricted stock units. |
| 03/01/2027 | Date associated with restricted stock units. |
| 03/01/2028 | Date associated with restricted stock units. |
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