Form 4: Gannett Co. Director Maha Al-Emam Acquires 30,864 Shares of Common Stock

Director Maha Al-Emam acquired 30,864 shares of Gannett Co. common stock on June 4, 2024, as compensation for services.

Summary

• On June 4, 2024, Maha Al-Emam, a director of Gannett Co., acquired 30,864 shares of common stock.
• The acquisition was a grant for services as a director under the Issuer's 2023 Stock Incentive Plan.
• The transaction was exempt under Rule 16b-3 and the shares were fully vested upon grant.
• The applicable closing price on June 4, 2024, was $4.05 per share.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director acquiring shares is generally a good sign, but the acquisition is part of a compensation plan, so it's not necessarily a strong indicator of personal investment.

Positives

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

Industry Context

Director stock acquisitions are common and are usually viewed as a positive sign for the company.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder confidence.

Key Dates