Form 4: USA TODAY Director Amy Reinhard Acquires TDAY Stock

USA TODAY Co., Inc. Director Amy Reinhard acquired 2,912 shares of common stock on December 31, 2025, as compensation for retainer fees.

Summary

• Amy Reinhard, a Director of USA TODAY Co., Inc. (TDAY), acquired 2,912 shares of common stock.
• The transaction occurred on December 31, 2025, at a price of $5.15 per share.
• These shares were granted in lieu of retainer fees totaling $15,000.
• The acquisition was made pursuant to a pre-arranged plan under Rule 10b5-1(c).
• Following this transaction, Amy Reinhard beneficially owns 170,273 shares of common stock.
• The transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as a director's acquisition of shares, even as compensation, generally indicates confidence in the company's future and aligns their interests with shareholders. The transaction is routine and pre-planned, limiting significant market impact.

Positives

• A Director acquiring shares, even as compensation, can signal alignment of interests between management and shareholders.
• The transaction was pre-planned under Rule 10b5-1(c), indicating a structured approach to compensation and share ownership.

Future Outlook

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

Industry Context

This insider transaction reflects a routine compensation event for a director, where equity is granted in lieu of cash retainer fees. Such practices are common across various industries to align director interests with long-term shareholder value.

Related Party Transactions

• Amy Reinhard, a Director of USA TODAY Co., Inc., received 2,912 shares of common stock from the company in lieu of retainer fees, which constitutes a related party transaction.

Stakeholder Impact

• Shareholders: The acquisition of shares by a director may be viewed positively as it aligns management's interests with shareholder value, potentially signaling confidence in the company's future.
• Employees: No direct impact on employees is indicated by this filing.
• Customers, Suppliers, Creditors: No direct impact on these stakeholders is indicated by this filing.

Key Dates

Keywords

USA TODAY Co. Inc., TDAY, Amy Reinhard, Insider Transaction, Form 4, Director Stock Acquisition, Equity Compensation, Rule 10b5-1(c)