4/A: E.W. Scripps Co Director Alexander Marcellus Winston Jr. Amends Beneficial Ownership Report

Director Alexander Marcellus Winston Jr. amended a previous filing to report the conversion of restricted stock units into Class A Common Shares of E.W. Scripps Co.

Summary

• On May 1, 2024, Alexander Marcellus Winston Jr., a director of E.W. Scripps Co, converted 16,685 restricted stock units into Class A Common Shares.
• The transaction was reported in an amended filing (Form 4/A) submitted on May 7, 2024, which corrected an original filing from May 2, 2024.
• Following the transaction, Winston directly owns 46,802 Class A Common Shares and 0 Common Voting Shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies like E.W. Scripps Co. It provides transparency to investors regarding the holdings and transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders, ensuring transparency in the market.
• Companies like Gannett, Tegna, and Gray Television also have similar insider transaction filings, reflecting the common regulatory requirements across the broadcasting and media industry.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.
• It may have a minor impact on the stock price due to the change in ownership of Class A Common Shares.

Key Dates

Keywords

Form 4/A, beneficial ownership, E.W. Scripps Co, Alexander Marcellus Winston Jr., restricted stock units, Class A Common Shares, director, conversion