Form 4: Gannett CFO Trisha Gosser Reports Routine Stock Transaction for Tax Withholding

Sentiment:

Insider Transaction Report


Gannett Co., Inc. CFO Trisha Gosser reported the disposition of 8,704 shares of common stock at $3.4 per share to cover tax withholding obligations related to restricted stock vesting.

Summary

  • Trisha Gosser, Chief Financial Officer (CFO) of Gannett Co., Inc. (GCI), filed a Form 4 statement.
  • The filing reports a transaction on June 15, 2025, involving the disposition of 8,704 shares of Gannett common stock.
  • The shares were disposed of at a price of $3.4 per share.
  • This transaction was identified as 'F' code, indicating shares withheld to cover tax withholding obligations on the vesting of restricted stock.
  • Following this transaction, Ms. Gosser beneficially owns 137,518 shares of Gannett common stock directly.
  • The transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The document reports a routine, non-discretionary transaction (tax withholding on restricted stock vesting) by an insider. This type of transaction is neutral in sentiment as it does not reflect a discretionary buy or sell decision based on the insider's view of the company's prospects.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction, specifically for tax withholding purposes, which is common practice for executives receiving equity compensation. It does not provide insights into broader industry trends or competitive dynamics within the media or publishing sector.

Stakeholder Impact

  • Shareholders: The transaction is a routine, non-discretionary event and is unlikely to have a material impact on shareholder value or perception.
  • Employees: No direct impact on employees is indicated by this filing.

Key Dates

DateDescription
06/15/2025Date of transaction for the disposition of common stock.
06/17/2025Date the Form 4 was signed by the reporting person's attorney-in-fact.

Keywords

Gannett, GCI, SEC Form 4, Insider Trading, Stock Transaction, Tax Withholding, Restricted Stock, Trisha Gosser, CFO, Corporate Governance

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