Maha Al-Emam awarded 16,046 USA TODAY (NYSE: GCI) shares as RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Al-Emam Maha reported acquisition or exercise transactions in this Form 4 filing.
USA TODAY Co., Inc. director Maha Al-Emam received a stock-based compensation award rather than buying shares on the market. The filing shows 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 made under the company’s 2023 Stock Incentive Plan in a transaction exempt under Rule 16b-3. After this grant, Al-Emam directly holds 82,726 shares of common stock. The grant used a reference closing price of $7.79 on June 2, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Al-Emam Maha
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,046 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 82,726 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 16,046 shares
Post-transaction holdings: 82,726 shares
Reference closing price: $7.79
+1 more
4 metrics
RSU grant size
16,046 shares
Restricted stock units vested into common stock for director services
Post-transaction holdings
82,726 shares
Common stock directly owned by Maha Al-Emam after the grant
Reference closing price
$7.79
Closing price on June 2, 2026 used for the award
Cash paid per share
$0.00
RSUs converted into common stock at no cash cost to the director
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"
FAQ
What did director Maha Al-Emam report in this Form 4 for GCI?
Director Maha Al-Emam reported receiving 16,046 shares of USA TODAY Co., Inc. common stock through restricted stock units. These units immediately vested and converted into shares as compensation for board service under the company’s 2023 Stock Incentive Plan.
Was Maha Al-Emam’s GCI transaction an open-market buy or just a grant?
The transaction was a grant of stock-based compensation, not an open-market purchase. Restricted stock units vested and converted into 16,046 common shares at no cash cost, reflecting a compensation award under the 2023 Stock Incentive Plan, exempt under Rule 16b-3.
What price is associated with Maha Al-Emam’s restricted stock unit grant at GCI?
The grant references a closing price of $7.79 on June 2, 2026. Although the restricted stock units converted into shares at no cash cost to Maha Al-Emam, this closing price provides the market value reference for the vested stock-based compensation.
Under which plan was Maha Al-Emam’s GCI stock grant made?
The restricted stock unit grant was made under USA TODAY Co., Inc.’s 2023 Stock Incentive Plan. These units immediately vested and converted into common stock as compensation for services as a director, in a transaction exempt under Rule 16b-3.