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E.W. Scripps (SSP) director exercises 90,673 RSUs, gets new grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

E.W. Scripps director Nishat Mehta exercised restricted stock units into Class A Common Shares and received a new equity award. On May 5, 90,673 restricted stock units converted into Class A shares, bringing his direct holdings to 131,656 Class A shares. On May 4, he was granted 49,575 new restricted stock units that will vest in 2027 and then convert one-for-one into Class A shares.

Positive

  • None.

Negative

  • None.
Insider Mehta Nishat
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 90,673 $0.00 --
Exercise Class A Common Shares 90,673 $0.00 --
Grant/Award Restricted Stock Units 49,575 $0.00 --
holding Common Voting Shares -- -- --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Class A Common Shares — 131,656 shares (Direct, null); Common Voting Shares — 0 shares (Direct, null)
Footnotes (1)
  1. This transaction reflects the conversion of restricted stock units into Class A Common Shares. This restricted stock unit award will vest in 2027. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.
RSUs converted 90,673 shares Restricted stock units converted into Class A Common Shares on May 5, 2026
Shares held after conversion 131,656 shares Direct Class A Common Shares following May 5, 2026 transaction
New RSU grant 49,575 units Restricted stock units granted on May 4, 2026
RSU vesting timing 2027 New 49,575-unit RSU award will vest in 2027
Exercise/conversion price $0.00 per unit Price per restricted stock unit for conversion into Class A shares
Restricted Stock Units financial
"The transaction involves 90,673 Restricted Stock Units converting into Class A Common Shares."
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.
derivative security financial
"The Form 4 labels the RSU conversion as an exercise or conversion of a derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Class A Common Shares financial
"Restricted stock units convert into Class A Common Shares of the Company."
A Class A common share is a specific type of ordinary company share that represents an ownership stake and usually carries particular voting rights or payout priorities compared with other share classes. For investors it matters because those differences affect how much influence you have over company decisions, how dividends or liquidation proceeds might be distributed, and how easily the shares trade — like choosing between car models where one has extra features (more control) and another focuses on price or availability (liquidity).
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Mehta Nishat
(Last)(First)(Middle)
312 WALNUT STREET
28TH FLOOR
(Street)
CINCINNATI OHIO 45202
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
E.W. SCRIPPS Co [ SSP ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Shares05/05/2026M(1)90,673A$0131,656D
Common Voting Shares0D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$005/05/2026M90,67305/05/202605/05/2026Class A Common Shares0$00D
Restricted Stock Units$0(2)05/04/2026A49,57505/04/202705/04/2027Class A Common Shares0$049,575D
Explanation of Responses:
1. This transaction reflects the conversion of restricted stock units into Class A Common Shares.
2. This restricted stock unit award will vest in 2027. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.
/s/ Robert Oestreicher by Power of Attorney05/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did E.W. Scripps (SSP) director Nishat Mehta report?

Nishat Mehta reported exercising 90,673 restricted stock units into Class A Common Shares and receiving 49,575 new restricted stock units. These actions increased his direct Class A holdings and added a new equity award that will vest and convert into shares in 2027.

How many E.W. Scripps Class A shares does Nishat Mehta hold after these Form 4 transactions?

After converting restricted stock units, Nishat Mehta holds 131,656 Class A Common Shares directly. This reflects the addition of 90,673 shares from the May 5, 2026 conversion, as reported, and does not include the 49,575 restricted stock units that will vest in 2027.

What are the key details of the 49,575 restricted stock units granted to Nishat Mehta at E.W. Scripps (SSP)?

Mehta was granted 49,575 restricted stock units on May 4, 2026. According to the filing, this award will vest in 2027, and upon vesting each unit will convert into one Class A Common Share of E.W. Scripps, providing additional equity compensation at that time.

Was there any open-market buying or selling by Nishat Mehta in this E.W. Scripps Form 4?

The Form 4 shows no open-market purchases or sales. Reported transactions are an option-like conversion of 90,673 restricted stock units into Class A shares and a grant of 49,575 new restricted stock units, both compensation-related equity events rather than market trades.

What does the exercise of 90,673 restricted stock units mean for E.W. Scripps (SSP) director ownership?

The exercise converted 90,673 restricted stock units into an equal number of Class A Common Shares. This increased Mehta’s directly held Class A stake to 131,656 shares, shifting value from derivative-style restricted units into actual common shares with associated ownership rights.