SSP.NASDAQEw Scripps CO

Form 4: E.W. Scripps Co Director John W. Hayden Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director John W. Hayden reports the conversion of restricted stock units into Class A Common Shares and the acquisition of additional restricted stock units in E.W. Scripps Co.

Summary

  • John W. Hayden, a director of E.W. Scripps Co, filed a Form 4 detailing changes in beneficial ownership.
  • On May 6, 2025, Hayden converted 40,983 restricted stock units into 40,983 Class A Common Shares at a price of $0.
  • Following this transaction, Hayden directly owns 158,861.848 Class A Common Shares.
  • Hayden also acquired 90,673 restricted stock units on May 5, 2025, which will vest in 2026 and convert into Class A Common Shares.
  • Hayden also holds 86,313.98 phantom stock units through the company's deferred compensation plan.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions, with neutral sentiment.

Future Outlook

The restricted stock units acquired on May 5, 2025, will vest in 2026 and convert into Class A Common Shares, potentially increasing Hayden's holdings.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor management's alignment with shareholder interests.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the stock transactions of a company director.

Key Dates

DateDescription
05/05/2025Date of restricted stock unit acquisition (90,673 units).
05/06/2025Date of restricted stock unit conversion into Class A Common Shares (40,983 units).
05/06/2025Date restricted stock units expire (40,983 units).
05/05/2026Vesting date for the 90,673 restricted stock units acquired on 05/05/2025.

Keywords

Form 4, Beneficial Ownership, E.W. Scripps Co, Director, Stock Transaction, Restricted Stock Units, Class A Common Shares, Phantom Stock, Deferred Compensation

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