Form 4: TEGNA INC Director Exercises Restricted Stock Units
SEC Form 4
Director Stuart J. Epstein reports the vesting and delivery of restricted stock units into common stock of TEGNA INC.
Summary
- On May 1, 2025, Stuart J. Epstein, a director of TEGNA INC, exercised restricted stock units.
- This transaction resulted in the acquisition of 11,327.03 shares of common stock.
- Following the transaction, Epstein directly owns 65,221.502 shares of TEGNA INC common stock.
- The restricted stock units vested in four equal installments beginning on August 1, 2024, with vested shares delivered on May 1, 2025.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices.
Industry Context
This is a routine disclosure related to executive compensation and equity awards, common in publicly traded companies.
Stakeholder Impact
- The transaction increases the number of outstanding shares, potentially diluting existing shareholders' equity slightly.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Restricted stock units began vesting in four equal installments. |
| 05/01/2025 | Restricted stock units exercised and shares delivered. |
| 05/05/2025 | Date of Form 4 signature. |
Keywords
TEGNA INC, Director, Stuart J. Epstein, Restricted Stock Units, Common Stock, Beneficial Ownership, Form 4, Vesting
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