4/A: E.W. Scripps Co: Director Granado Reports Conversion of Restricted Stock Units

Director Raymundo H. Granado Jr. reports the conversion of restricted stock units into Class A Common Shares of E.W. Scripps Co.

Summary

• On May 1, 2024, Raymundo H. Granado Jr., a director of E.W. Scripps Co, converted 16,685 restricted stock units into Class A Common Shares.
• Following the transaction, Granado directly owns 26,751 Class A Common Shares.
• Granado also directly owns 115 Common Voting Shares.
• 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 solely to the convertibility of Common Voting Shares of the Company into Class A Common Shares on a share-for-share basis) due to the voting provisions of the Second Amended and Restated Scripps Family Agreement, dated May 26, 2021, to which the reporting person is a party.
• The reporting person filed a Schedule 13D with the Commission on January 24, 2013, as last amended on February 21, 2023.

Sentiment

Score: 5

Explanation: This is a neutral report on a routine transaction. It doesn't indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and doesn't necessarily reflect broader industry trends.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the increase in the number of outstanding Class A Common Shares.

Key Dates

Keywords

E.W. Scripps Co, Granado, Director, Stock Conversion, Class A Common Shares, Restricted Stock Units, Beneficial Ownership, Form 4