Form 4: TEGNA INC Director Grimes Karen H. Reports Stock Transaction

Director Karen H. Grimes reports the vesting and delivery of restricted stock units into common stock of TEGNA INC on May 1, 2025.

Summary

• On May 1, 2025, Karen H. Grimes, a director of TEGNA INC, reported a transaction involving restricted stock units.
• 11,327.03 restricted stock units vested and were converted into an equal number of common stock shares.
• The vested shares were delivered on May 1, 2025, according to the terms of the award agreement.
• Following the transaction, Grimes directly owns 45,314.502 shares of TEGNA INC common stock.
• The restricted stock units vested in four equal installments beginning on August 1, 2024.

Sentiment

Score: 5

Explanation: This is a routine disclosure of a stock transaction by a company director, and doesn't inherently indicate positive or negative sentiment.

Positives

• The vesting of restricted stock units indicates that the director has met certain performance or time-based criteria set by the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.

Stakeholder Impact

• The transaction has a minor dilutive effect on existing shareholders due to the issuance of new shares.

Key Dates

Keywords

TEGNA INC, Director, Karen H. Grimes, Restricted Stock Units, Common Stock, Vesting, Form 4, SEC Filing