Director at USA TODAY (GCI) granted 16,046 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reinhard Amy reported acquisition or exercise transactions in this Form 4 filing.
USA TODAY Co., Inc. director Amy Reinhard received a grant of 16,046 shares of common stock through restricted stock units that immediately vested on a one-for-one basis. The award was granted for services as a director under the 2023 Stock Incentive Plan.
The filing notes a closing share price of $7.79 on June 2, 2026, providing a reference value for the grant. After this award, Reinhard directly holds a total of 186,319 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Reinhard Amy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,046 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 186,319 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 16,046 shares
Reference closing price: $7.79 per share
Shares held after transaction: 186,319 shares
3 metrics
RSU grant size
16,046 shares
Restricted stock units immediately vested into common stock
Reference closing price
$7.79 per share
Closing price on June 2, 2026 for vested RSUs
Shares held after transaction
186,319 shares
Total direct common stock ownership after the grant
Key Terms
restricted stock units, 2023 Stock Incentive Plan, Rule 16b-3
3 terms
restricted stock units financial
"Reflects restricted stock units which immediately vested and converted into common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2023 Stock Incentive Plan financial
"granted to the reporting person for services as a director pursuant to the Issuer's 2023 Stock Incentive Plan"
Rule 16b-3 regulatory
"granted to the reporting person ... in a transaction exempt under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
FAQ
What insider transaction did USA TODAY (GCI) report for Amy Reinhard?
USA TODAY reported that director Amy Reinhard received 16,046 shares of common stock via restricted stock units. These units vested immediately on a one-for-one basis, representing a stock-based compensation grant rather than an open-market share purchase.
Was Amy Reinhard’s USA TODAY transaction an open-market stock purchase?
No, the transaction was not an open-market purchase. It was a grant of restricted stock units that immediately vested into 16,046 common shares as compensation for her services as a director under the 2023 Stock Incentive Plan, exempt under Rule 16b-3.
Under which plan was Amy Reinhard’s USA TODAY stock grant made?
The stock grant to Amy Reinhard was made under USA TODAY’s 2023 Stock Incentive Plan. The award consisted of restricted stock units that immediately vested and converted into common stock as compensation for her board service, according to the Form 4 footnote.