Form 4: E.W. Scripps Co Director Kim Williams Reports Stock Conversion
SEC Form 4 Filing
Director Kim Williams converted restricted stock units into Class A Common Shares of E.W. Scripps Co.
Summary
- On May 1, 2024, Kim Williams, a director of E.W. Scripps Co, converted 16,685 restricted stock units into Class A Common Shares at a price of $3.9.
- Following the transaction, Williams directly owns 191,637 Class A Common Shares.
- Williams also indirectly owns 400 Class A Common Shares through her husband as custodian for their children.
- Additionally, Williams holds 41,094.31 phantom stock units through the company's deferred compensation plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing reporting a standard transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors and their holdings in the company's stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine conversion of existing equity.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of transaction: conversion of restricted stock units into Class A Common Shares. |
| 05/02/2024 | Date of signature on the Form 4 filing. |
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