E.W. Scripps director exercises 90,673 RSUs
Director Kim Williams of E.W.
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Form Type
4
Rhea-AI Filing Summary
Director Kim Williams of E.W. Scripps Co converted 90,673 Restricted Stock Units into Class A Common Shares on May 5, 2026. After this exercise, Williams directly holds 323,293 Class A Common Shares, and the corresponding RSU position reported in this filing was reduced to zero.
On May 4, 2026, Williams also received a new grant of 49,575 Restricted Stock Units that will vest in 2027, with each unit converting into one Class A Common Share upon vesting. In addition, Williams has a deferred compensation position of 41,094.31 units of Phantom Stock, linked to the value of Class A Common Shares under the company’s director deferred compensation and stock plan.
Insider Trade Summary
90,673 shares exercised/converted
Exercise
5 txns
Insider
Williams Kim
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 90,673 | $0.00 | $0.00 |
| Exercise | Class A Common Shares, $.01 par value per share | 90,673 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 49,575 | $0.00 | $0.00 |
| holding | Phantom Stock | -- | -- | -- |
| holding | Common Voting Shares, $.01 par value per share | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 49,575 contracts (Direct);
Class A Common Shares, $.01 par value per share — 323,293 shares (Direct);
Phantom Stock — 41,094.31 contracts (Direct);
Common Voting Shares, $.01 par value per share — 0 shares (Direct)
Footnotes (3)
- F1. This transaction reflects the conversion of restricted stock units into Class A Common Shares.
- F2. 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.
- F3. Pursuant to the company's 1997 Deferred Compensation and Stock Plan for Directors, directors may defer fees into a phantom stock fund. Under this plan, fees are allocated to a phantom shares account based on the fair market value of the company's Class A Common Shares on the last trading day of each quarter. Balances are paid in either shares or cash at the time a director leaves the Board.
Key Figures
RSUs exercised: 90,673 units
Shares held after exercise: 323,293 shares
New RSU grant: 49,575 units
+2 more
5 metrics
RSUs exercised
90,673 units
Converted into Class A Common Shares on May 5, 2026
Shares held after exercise
323,293 shares
Class A Common Shares held directly after May 5, 2026 transaction
New RSU grant
49,575 units
Restricted Stock Units granted on May 4, 2026, vesting in 2027
Phantom Stock units
41,094.31 units
Deferred compensation phantom stock tied to Class A Common
Exercise price for RSUs
$0.00 per unit
Reported transaction price for RSU conversion on May 5, 2026
Key Terms
Restricted Stock Units, Phantom Stock, deferred compensation, Class A Common Shares
4 terms
Restricted Stock Units financial
"This transaction reflects the conversion of restricted stock units 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.
Phantom Stock financial
"directors may defer fees into a phantom stock fund."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
deferred compensation financial
"Pursuant to the company's 1997 Deferred Compensation and Stock Plan for Directors, directors may defer fees"
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did E.W. Scripps (SSP) director Kim Williams report?
Kim Williams reported exercising 90,673 Restricted Stock Units into Class A Common Shares and receiving a new grant of 49,575 RSUs. The filing also shows an ongoing Phantom Stock balance tied to the company’s Class A Common Shares.
What new equity award did Kim Williams receive from E.W. Scripps (SSP)?
On May 4, 2026, Kim Williams received a grant of 49,575 Restricted Stock Units. According to the filing, this award will vest in 2027, and each vested RSU will convert into one Class A Common Share of E.W. Scripps.
How do the converted Restricted Stock Units affect Kim Williams’s RSU holdings in SSP?
The conversion of 90,673 Restricted Stock Units into Class A Common Shares reduced the reported RSU balance associated with that award to zero. A separate new RSU grant of 49,575 units remains outstanding and is scheduled to vest in 2027.
What is the Phantom Stock position reported for E.W. Scripps (SSP) director Kim Williams?
Kim Williams holds 41,094.31 units of Phantom Stock linked to Class A Common. Under the company’s 1997 Deferred Compensation and Stock Plan for Directors, fees can be deferred into this phantom stock fund and are payable in shares or cash when the director leaves the Board.
AI-generated analysis. How Rhea-AI works. Not financial advice.
