Form 4: TEGNA Director Catherine Dunleavy Reports Stock Unit Vesting
SEC Form 4 Filing
Director Catherine Dunleavy reports vesting of restricted stock units into common stock on May 1, 2025.
Summary
- On May 1, 2025, TEGNA Inc. Director Catherine Dunleavy reported the vesting of 8,280.83 restricted stock units.
- These units converted into an equal number of common stock shares.
- The vested shares were delivered on May 1, 2025, according to the award agreement.
- The reported transaction was filed as a Form 4 with the SEC.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a planned transaction, so the sentiment is neutral.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into insider transactions, allowing investors to monitor the actions of company insiders.
Stakeholder Impact
- The vesting of stock units increases the number of shares outstanding, which could have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Restricted stock units began vesting in three equal installments. |
| 05/01/2025 | Date of transaction: vesting of restricted stock units and delivery of common stock. |
| 05/05/2025 | Date of report filing. |
Keywords
TEGNA, Director, Stock Units, Vesting, Common Stock, Form 4, SEC
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