4/A: Monica Holcomb Reports Conversion of Restricted Stock Units into E.W. Scripps Co Class A Common Shares
SEC Form 4/A
Monica Holcomb, a director and potential 10% owner of E.W. Scripps Co, reports the conversion of restricted stock units into Class A Common Shares on May 1, 2024.
Summary
- This Form 4/A filing reports a transaction by Monica Holcomb, a director of E.W. Scripps Co, involving the conversion of restricted stock units into Class A Common Shares.
- The transaction occurred on May 1, 2024, and involved the conversion of 16,685 restricted stock units into 16,685 Class A Common Shares.
- Following the transaction, Holcomb directly owns 16,685 Class A Common Shares and indirectly owns 16,505 Class A Common Shares through a trust.
- Holcomb also indirectly owns 41,128 Common Voting Shares and directly owns 6,484 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 to the voting provisions of the Second Amended and Restated Scripps Family Agreement.
Sentiment
Score: 5
Explanation: This is a neutral filing reporting a standard transaction. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and beneficial ownership, common in the media and entertainment industry where equity compensation is prevalent.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies like E.W. Scripps Co. and are comparable to similar filings made by executives and directors at companies like Fox Corporation, News Corp, and Comcast.
- The level of detail provided in this filing is consistent with regulatory requirements and industry norms for transparency in insider transactions.
Stakeholder Impact
- The transaction itself has minimal direct impact on stakeholders.
- However, transparency in insider transactions is important for maintaining investor confidence.
Key Dates
| Date | Description |
|---|---|
| 01/24/2013 | Reporting person filed a Schedule 13D with the Commission |
| 05/26/2021 | Date of the Second Amended and Restated Scripps Family Agreement |
| 02/21/2023 | Date of last amendment to Schedule 13D |
| 05/01/2024 | Date of transaction: conversion of restricted stock units into Class A Common Shares |
| 05/02/2024 | Date of original filing |
| 05/07/2025 | Signature date |
Keywords
Form 4, Beneficial Ownership, E.W. Scripps Co, SSP, Monica Holcomb, Restricted Stock Units, Class A Common Shares, Director, 10% Owner, Scripps Family Agreement
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