E.W. Scripps (SSP) CFO logs major RSU awards, share conversions and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
E.W. Scripps Chief Financial Officer Jason Combs reported equity award activity involving restricted stock units and Class A common shares. On March 1, 2026, he received restricted stock unit grants of 230,570 units and 141,643 units at no cash cost.
Several restricted stock unit positions were converted into Class A common shares, including 179,369 shares through derivative conversion. To cover tax obligations from a long-term incentive award, 77,266 Class A common shares were withheld by the company. One RSU grant will vest in equal parts in 2027, 2028, 2029 and 2030, with each vested unit converting into one Class A common share.
Positive
- None.
Negative
- None.
Insider Trade Summary
179,370 shares exercised/converted
Mixed
9 txns
Insider
Combs Jason
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,611 | $0.00 | -- |
| Exercise | Restricted Stock Units | 29,675 | $0.00 | -- |
| Exercise | Restricted Stock Units | 20,676 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 230,570 | $0.00 | -- |
| Exercise | Restricted Stock Units | 122,408 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 141,643 | $0.00 | -- |
| Tax Withholding | Class A Common Shares, $.01 par value per share | 77,266 | $0.00 | -- |
| Exercise | Class A Common Shares, $.01 par value per share | 179,369 | $0.00 | -- |
| holding | Common Voting Shares, $.01 par value per share | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common Shares, $.01 par value per share — 4,448 shares (Direct);
Common Voting Shares, $.01 par value per share — 0 shares (Direct)
Footnotes (1)
- The terms of this long-term incentive award mandate that the Company withhold shares to satisfy the reporting person's tax obligation. This transaction reflects the conversion of restricted stock units into Class A Common Shares. This restricted stock unit award will vest in equal parts in 2027, 2028, 2029 and 2030. Upon vesting, each restricted stock until will convert into one Class A Common Share of the Company.
FAQ
What insider transactions did E.W. Scripps (SSP) CFO Jason Combs report?
Jason Combs reported multiple equity-related transactions, mainly restricted stock unit grants and conversions into Class A common shares. The activity also included share withholding to satisfy tax obligations, rather than open-market buying or selling of E.W. Scripps common stock.
How many restricted stock units did the E.W. Scripps (SSP) CFO acquire?
On March 1, 2026, the CFO acquired 230,570 restricted stock units and another 141,643 restricted stock units at a stated price of $0.00 per unit. These awards represent long-term incentive compensation rather than cash purchases of E.W. Scripps shares on the open market.
How will the new E.W. Scripps (SSP) restricted stock unit award vest?
One restricted stock unit award will vest in four equal parts in 2027, 2028, 2029 and 2030. Upon each vesting date, every vested restricted stock unit will convert into one Class A common share of E.W. Scripps, according to the disclosed vesting schedule.
Does the E.W. Scripps (SSP) Form 4 indicate any cash transactions by the CFO?
All reported transactions show a price per share or unit of $0.00, indicating equity awards, conversions, and tax withholding rather than cash purchases or sales. The filing focuses on compensation-related entries, not open-market trading activity by the E.W. Scripps Chief Financial Officer.