USA TODAY director granted 4,255 stock units
USA TODAY Co., Inc. director Louis John Jeffry received a grant of 4,255 shares of common stock on March 31, 2026.
Rhea-AI Filing Summary
USA TODAY Co., Inc. director Louis John Jeffry received a grant of 4,255 shares of common stock on March 31, 2026. These shares came from restricted stock units that immediately vested and converted into common stock, granted in lieu of $30,000 in retainer fees.
After the award, Jeffry directly holds 645,554 shares of common stock. He also has additional indirect holdings through various trusts, including 13,471 shares held by a marital trust and other trust accounts holding 9,873 and 3,478 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 4,255 shares
Grant/Award
4 txns
Insider
Louis John Jeffry
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,255 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 645,554 shares (Direct);
Common Stock — 13,471 shares (Indirect, Marital Trust U/A John J. Louis, Jr. Trust);
Common Stock — 3,478 shares (Indirect, John J. Louis, Jr. Trust under the Will of John J. Louis fbo Tracy L. Merrill);
Common Stock — 9,873 shares (Indirect, John Jeffry Louis, Jr. Trust under the Will of John J. Louis fbo John Jeffry Louis)
Footnotes (1)
- F1. Reflects restricted stock units which immediately vested and converted into common stock on a one-for-one basis, granted in lieu of retainer fees of $30,000 and issued in a transaction exempt under Rule 16b-3.
Key Figures
Stock grant: 4,255 shares
Retainer fees: $30,000
Direct holdings: 645,554 shares
+3 more
6 metrics
Stock grant
4,255 shares
Restricted stock units vested and converted on March 31, 2026
Retainer fees
$30,000
Fees paid in stock instead of cash for director compensation
Direct holdings
645,554 shares
Total common stock directly owned after the grant
Marital trust holdings
13,471 shares
Indirect ownership via Marital Trust U/A John J. Louis, Jr. Trust
Trust holdings (fbo John Jeffry Louis)
9,873 shares
Indirect ownership via John Jeffry Louis, Jr. Trust under the Will
Trust holdings (fbo Tracy L. Merrill)
3,478 shares
Indirect ownership via trust under the Will of John J. Louis
Key Terms
restricted stock units, retainer fees, Rule 16b-3, Marital Trust
4 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.
retainer fees financial
"granted in lieu of retainer fees of $30,000 and issued"
Rule 16b-3 regulatory
"issued 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.
Marital Trust financial
"Marital Trust U/A John J. Louis, Jr. Trust"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did USA TODAY (GCI) report for Louis John Jeffry?
Louis John Jeffry received 4,255 shares of USA TODAY common stock as a grant. The shares came from restricted stock units that vested immediately, representing compensation rather than an open-market purchase or sale.
How were Louis John Jeffry’s retainer fees at USA TODAY (GCI) paid?
His retainer fees of $30,000 were paid in stock rather than cash. Restricted stock units vested immediately and converted into 4,255 shares of common stock granted under an exemption provided by Rule 16b-3.
What indirect USA TODAY (GCI) holdings are reported for Louis John Jeffry?
The filing lists indirect holdings through several trusts, including 13,471 shares in a marital trust. Additional trusts hold 9,873 and 3,478 shares, reflecting family-related estate and trust arrangements associated with Jeffry.
Was Louis John Jeffry’s USA TODAY (GCI) stock award an open-market transaction?
No, the award was not an open-market transaction. It was a grant of restricted stock units that vested immediately and converted into common stock, issued in lieu of $30,000 in director retainer fees under Rule 16b-3.
What does Rule 16b-3 treatment mean for this USA TODAY (GCI) grant?
The grant was issued in a transaction exempt under Rule 16b-3. This rule generally provides exemptions from certain short-swing profit rules for director and officer compensation awards approved under specified conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
