Form 4: TEGNA Director Howard Elias Reports Stock Unit Vesting
SEC Form 4 Filing
Director Howard Elias reports the vesting of restricted stock units into common stock of TEGNA INC.
Summary
- On May 1, 2025, TEGNA INC. Director Howard Elias reported the vesting of 11,327.03 restricted stock units into common stock.
- These units vested in four equal installments starting August 1, 2024, with vested shares delivered on May 1, 2025.
- Following the transaction, Elias directly owns 20,725.6 shares of TEGNA INC. common stock.
- The reported transaction was executed pursuant to the terms of the award agreement.
Sentiment
Score: 6
Explanation: The document reflects a routine transaction related to executive compensation, suggesting a neutral sentiment.
Positives
- The vesting of restricted stock units indicates a continued alignment of the director's interests with those of the shareholders.
Industry Context
This is a routine disclosure related to executive compensation and is common in publicly traded companies.
Stakeholder Impact
- The vesting of stock units can have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Restricted stock units began vesting in four equal installments. |
| 05/01/2025 | Vesting of 11,327.03 restricted stock units and delivery of vested shares. |
| 05/05/2025 | Date of signature on the Form 4 filing. |
Keywords
TEGNA INC, Director, Howard Elias, Stock Units, Vesting, Common Stock, Form 4, Securities
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