E.W. Scripps (SSP) director converts 90,673 RSUs, receives new 49,575-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
E.W. Scripps director and 10% owner Raymundo H. Granado Jr. exercised 90,673 restricted stock units into Class A Common Shares on May 5, 2026, increasing his direct Class A holdings to 171,671 shares.
On May 4, 2026, he also received a grant of 49,575 restricted stock units that will vest in 2027, each convertible into one Class A Common Share, and reported direct ownership of 115 Common Voting Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
90,673 shares exercised/converted
Mixed
4 txns
Insider
Granado Raymundo H. Jr.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 90,673 | $0.00 | -- |
| Exercise | Class A Common Shares, $.01 par value per share | 90,673 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 49,575 | $0.00 | -- |
| holding | Common Voting Shares, $.01 par value per share | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Class A Common Shares, $.01 par value per share — 171,671 shares (Direct, null);
Common Voting Shares, $.01 par value per share — 115 shares (Direct, null)
Footnotes (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.
Key Figures
RSUs converted: 90,673 shares
Class A shares held: 171,671 shares
New RSU grant: 49,575 units
+2 more
5 metrics
RSUs converted
90,673 shares
Restricted stock units converted into Class A Common Shares on May 5, 2026
Class A shares held
171,671 shares
Direct Class A Common Shares following transactions
New RSU grant
49,575 units
Restricted stock units granted May 4, 2026, vesting in 2027
Common Voting Shares held
115 shares
Direct Common Voting Shares as of May 4, 2026
Exercise price per RSU
$0.00 per unit
Conversion of 90,673 restricted stock units into Class A Common Shares
Key Terms
Restricted Stock Units, Class A Common Shares, Exercise or conversion of derivative security, Grant, award, or other acquisition
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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transactions did Raymundo H. Granado Jr. report for E.W. Scripps (SSP)?
Raymundo H. Granado Jr. reported exercising 90,673 restricted stock units into Class A Common Shares and receiving a new grant of 49,575 restricted stock units. He now directly holds 171,671 Class A shares and 115 Common Voting Shares, with the new units scheduled to vest in 2027.
What are the details of the new restricted stock unit grant to Granado at E.W. Scripps (SSP)?
Granado received 49,575 restricted stock units on May 4, 2026, with no exercise price. According to the filing, this award will vest in 2027, and each restricted stock unit will convert into one Class A Common Share of E.W. Scripps upon vesting.
What does the conversion of 90,673 restricted stock units mean for E.W. Scripps (SSP) ownership?
The conversion means 90,673 restricted stock units were exchanged for an equal number of Class A Common Shares held directly by Granado. This shifts value from derivative awards into actual shares, increasing his reported Class A share ownership in the company.