E.W. Scripps (SSP) director exercises RSUs and receives new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
E.W. Scripps director Leigh Radford reported compensation-related equity activity, with no open-market buying or selling. On May 5, 2026, Radford exercised 90,673 restricted stock units, which converted into the same number of Class A Common Shares, bringing direct holdings to 154,827 Class A shares.
On May 4, 2026, Radford also received a grant of 49,575 Restricted Stock Units. According to the disclosure, this award will vest in 2027, and each vested unit will convert into one Class A Common Share. All reported transactions reflect equity awards and conversions rather than market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
90,673 shares exercised/converted
Mixed
4 txns
Insider
Radford Leigh
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 — 154,827 shares (Direct, null);
Common Voting Shares, $.01 par value per share — 0 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 exercised: 90,673 units
Shares held after exercise: 154,827 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
154,827 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
Grant vesting year
2027
Vesting year for 49,575-unit restricted stock award
Exercise transactions
1 transaction, 90,673 shares
Exercise or conversion of derivative security reported in summary
Key Terms
Restricted Stock Units, Class A Common Shares, derivative security, grant, award, or other acquisition
4 terms
Restricted Stock Units financial
"This restricted stock unit award will vest in 2027."
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
"Exercise or conversion of 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.
grant, award, or other acquisition financial
"Grant, award, or other acquisition"
FAQ
What did E.W. Scripps (SSP) director Leigh Radford report in this Form 4?
Leigh Radford reported equity compensation activity, not market trades. He exercised 90,673 restricted stock units into Class A Common Shares and received a new grant of 49,575 restricted stock units that will vest in 2027, all held directly.
What are the details of the new restricted stock unit grant to Leigh Radford at E.W. Scripps (SSP)?
On May 4, 2026, Leigh Radford received 49,575 Restricted Stock Units. The award will vest in 2027, and upon vesting each unit will convert into one Class A Common Share, providing additional equity compensation if vesting conditions are met.
What does the exercise of 90,673 restricted stock units mean for Leigh Radford’s E.W. Scripps ownership?
Exercising 90,673 restricted stock units converted them into the same number of Class A Common Shares. As a result, Leigh Radford’s direct holdings increased to 154,827 Class A shares, reflecting the shift from derivative awards into actual common stock.