Form 4: E.W. Scripps Director Converts Restricted Stock Units into Class A Common Shares
SEC Form 4 Filing
Director Kelly P. Conlin converted restricted stock units into Class A Common Shares of E.W. Scripps Co on May 1, 2024.
Summary
- On May 1, 2024, Kelly P. Conlin, 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, Conlin directly owns 70,769 Class A Common Shares.
- Conlin also directly owns 0 Common Voting Shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine 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 may have a minor impact on shareholders due to the change in the number of outstanding Class A Common Shares, but it is unlikely to be significant.
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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