Form 4: TEGNA Inc. Executive Sells Shares Through 401(k) Plan

A TEGNA Inc. executive sold 77,873 shares of common stock at a weighted average price of $18.725 through a 401(k) plan.

Summary

• Thomas R. Cox, a Senior Vice President at TEGNA Inc., sold 77,873 shares of common stock.
• The shares were sold on December 6, 2024.
• The weighted average price of the shares was $18.725.
• The total value of the shares sold was $419,04.072.
• The sale was executed through a 401(k) plan.
• The shares were sold in multiple transactions with prices ranging from $18.69 to $18.805.

Sentiment

Score: 5

Explanation: The document describes a routine stock sale by an executive, which is neither positive nor negative for the company's overall performance.

Industry Context

This is a routine transaction related to executive compensation and personal financial planning, and is not indicative of any specific trend in the broadcasting industry.

Comparison to Industry Standards

• Executive stock sales are common across all industries, including broadcasting.
• The size of this transaction is not unusual for a senior executive's 401(k) plan.
• Comparable companies in the broadcasting sector also see similar transactions by their executives.

Stakeholder Impact

• This transaction has a minimal impact on shareholders as it is a routine sale by an executive.

Key Dates

Keywords

TEGNA Inc, stock sale, executive, 401(k), share transaction, common stock