Form 4: E.W. Scripps COO Lisa Knutson Reports Stock Transactions

Lisa Knutson, Chief Operating Officer of E.W. Scripps Co, reported transactions involving restricted stock units, including shares withheld for tax obligations.

Summary

• Lisa Knutson, the Chief Operating Officer of E.W. Scripps Co, filed a Form 4 detailing changes in her beneficial ownership of company stock.
• The filing reports the acquisition of restricted stock units and the withholding of shares to cover tax obligations.
• Specifically, 1,486 Class A Common Shares were withheld for tax purposes related to restricted stock units vesting on December 1, 2024.
• Additionally, 1,149 Class A Common Shares were withheld for tax purposes related to restricted stock units vesting on December 1, 2024.
• The filing also notes that Ms. Knutson directly owns 110,936 Class A Common Shares and 0 Common Voting Shares.
• The document also references previously granted restricted stock units that will vest in 2025 and 2026.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not contain any information that would indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice in publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The reporting of restricted stock unit transactions and tax withholdings is typical for executive compensation packages in similar companies.
• Comparable companies would also have similar filings when executives receive or dispose of company stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership and transactions.

Key Dates

Keywords

Form 4, E.W. Scripps, Lisa Knutson, Restricted Stock Units, Beneficial Ownership, Stock Transactions, SEC Filing