Form 4: TEGNA Inc. SVP and CFO Julie Heskett Reports Acquisition of Phantom Stock

Julie Heskett, SVP and CFO of TEGNA Inc., reports acquiring phantom stock equivalent to 2,223.82 shares of common stock on February 3, 2025.

Summary

• On February 3, 2025, Julie Heskett, the SVP and CFO of TEGNA Inc., acquired 2,223.82 units of phantom stock.
• Each unit of phantom stock is equivalent to one share of TEGNA's common stock.
• The price of the phantom stock is $18.22 per share.
• Following the transaction, Heskett directly owns 8,449.101 derivative securities.
• The phantom stock is payable in cash or stock at the election of the reporting person on various dates or as provided in the Issuer's Deferred Compensation Plan.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Future Outlook

The phantom stock is payable in cash or stock, at the election of the reporting person, on various dates selected by the reporting person or as otherwise provided in the Issuer's Deferred Compensation Plan.

Industry Context

This is a routine disclosure of insider transactions, common for publicly traded companies. It provides transparency into the holdings and transactions of company executives.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding executive compensation and ownership.

Key Dates