Form 4: E.W. Scripps Co Director Barmonde Reports Stock Transactions
SEC Form 4 Filing
Director Charles L. Barmonde reports transactions involving E.W. Scripps Co stock, including the conversion of restricted stock units and new awards.
Summary
- Charles L. Barmonde, a director of E.W. Scripps Co, filed a Form 4 detailing changes in beneficial ownership.
- On May 6, 2025, 40,983 restricted stock units were converted into Class A Common Shares.
- As a result of the transaction, Barmonde directly owns 0 Class A Common Shares and indirectly owns 700,069 Class A Common Shares through a revocable living trust.
- Barmonde directly owns 0 Common Voting Shares and indirectly owns 585,666 Common Voting Shares through a revocable living trust.
- On May 5, 2025, Barmonde was awarded 90,673 restricted stock units that will vest in 2026.
- The reporting person may be deemed to have shared voting power with respect to more than 10% of the Class A Common Shares of the Issuer due to the voting provisions of the Second Amended and Restated Scripps Family Agreement.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider activity.
Future Outlook
The document details stock transactions and future vesting of restricted stock units, providing insight into the director's holdings and potential future equity.
Industry Context
Form 4 filings are standard disclosures for corporate insiders and provide transparency into their trading activities, which can be indicative of their confidence in the company's prospects.
Stakeholder Impact
- Shareholders can use this information to understand the trading activity of a company insider.
- The transactions may have a minor impact on the company's stock price.
Key Dates
| Date | Description |
|---|---|
| 05/26/2021 | Date of the Second Amended and Restated Scripps Family Agreement |
| 02/21/2023 | Date of last amendment to Schedule 13D filed by the reporting person |
| 05/05/2025 | Date of restricted stock unit award (90,673 units) |
| 05/06/2025 | Date of conversion of restricted stock units into Class A Common Shares (40,983 units) |
| 05/07/2025 | Date of signature on the Form 4 |
| 05/05/2026 | Vesting date for the restricted stock unit award (90,673 units) |
Keywords
Form 4, beneficial ownership, E.W. Scripps Co, stock transactions, restricted stock units, Class A Common Shares, Common Voting Shares, director, Barmonde
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.