Form 4: Gannett Co. Director Amy Reinhard Acquires Shares in Lieu of Retainer Fees

Director Amy Reinhard acquired 4,325 shares of Gannett Co. common stock in lieu of retainer fees.

Summary

• On March 31, 2025, Amy Reinhard, a director of Gannett Co., Inc., acquired 4,325 shares of common stock.
• The acquisition was in lieu of retainer fees, valued at $12,500.
• The price per share was $2.89.
• Following the transaction, Reinhard directly owns 123,725 shares of Gannett Co. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction (director receiving stock in lieu of fees) and doesn't inherently indicate positive or negative performance for the company.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

Directors receiving stock in lieu of fees is a fairly common practice, especially for smaller companies or those looking to conserve cash. It aligns the director's interests with those of the shareholders.

Comparison to Industry Standards

• Comparing this to other media companies, director compensation packages often include a mix of cash and stock.
• For example, directors at News Corp and The New York Times Company also receive stock options or grants as part of their compensation.
• The specific amount and structure vary based on company size, performance, and governance policies.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It slightly increases the director's alignment with shareholder interests.

Key Dates

Keywords

Gannett Co., Amy Reinhard, Director, Stock Acquisition, Retainer Fees, Common Stock, Beneficial Ownership, Form 4