[Form 4] USA TODAY Co., Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Debra A. Sandler of USA TODAY Co., Inc. received a grant of 16,046 shares of Common Stock through restricted stock units. These units immediately vested and converted into common shares on a one-for-one basis as compensation for her board service.
The grant was made under the company’s 2023 Stock Incentive Plan in a transaction exempt under Rule 16b-3, meaning it is a routine, board-approved equity award rather than an open-market purchase. After this award, Sandler directly holds 276,087 shares of common stock. The applicable closing price on June 2, 2026 was $7.79 per share, providing a reference market value for the newly vested shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sandler Debra A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,046 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 276,087 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 16,046 shares
Closing price: $7.79 per share
Post-transaction holdings: 276,087 shares
+1 more
4 metrics
Shares granted
16,046 shares
Restricted stock units converted to common stock
Closing price
$7.79 per share
Applicable closing price on June 2, 2026
Post-transaction holdings
276,087 shares
Total common shares held directly after award
Transaction price per share
$0.00
Grant/award acquisition, not open-market purchase
Key Terms
restricted stock units, Rule 16b-3, 2023 Stock Incentive Plan
3 terms
restricted stock units financial
"Reflects restricted stock units which immediately vested and converted into common stock on a one-for-one basis"
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.
Rule 16b-3 regulatory
"granted to the reporting person for services as a director pursuant to the Issuer's 2023 Stock Incentive Plan 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.
2023 Stock Incentive Plan financial
"granted to the reporting person for services as a director pursuant to the Issuer's 2023 Stock Incentive Plan"