4/A: TEGNA Inc. Executive Corrects Stock Unit Acquisition in Amended SEC Filing
SEC Filing
Lauren Fisher Newberg, SVP and Chief Legal Officer of TEGNA Inc., files an amendment to a previous SEC Form 4 to correct the number of restricted stock units acquired on March 1, 2024.
Summary
- Lauren Fisher Newberg, SVP and Chief Legal Officer of TEGNA Inc., filed an amended SEC Form 4 on March 14, 2024, to correct a clerical error in the original filing from March 4, 2024.
- The amendment pertains to the number of restricted stock units (RSUs) acquired by Newberg on March 1, 2024.
- The corrected filing shows the acquisition of 33,037 restricted stock units.
- These RSUs vest in four equal annual installments starting February 28, 2025, and ending February 29, 2028.
- The shares will be delivered in four equal annual installments beginning on March 1, 2025, unless there is a termination of employment or a change in control of the Issuer.
Sentiment
Score: 7
Explanation: The document is a routine correction of a clerical error in an SEC filing, indicating a neutral to slightly positive sentiment as it reflects attention to detail and compliance.
Future Outlook
The reporting person will receive shares of TEGNA Inc. common stock in the future as the restricted stock units vest, subject to continued employment and other conditions.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the equity holdings of key personnel.
Stakeholder Impact
- The correction of the filing ensures accurate information for shareholders regarding executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of earliest transaction |
| 03/01/2024 | Date of restricted stock units acquisition |
| 03/04/2024 | Date of original filing |
| 03/14/2024 | Date of amended filing |
| 02/28/2025 | First vesting date of restricted stock units |
| 03/01/2025 | First delivery date of shares |
| 02/28/2026 | Second vesting date of restricted stock units |
| 02/28/2027 | Third vesting date of restricted stock units |
| 02/29/2028 | Final vesting date of restricted stock units |
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