E.W. Scripps Co (SSP) director exercises 90,673 RSUs, gets new 49,575-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
E.W. Scripps Co director Burton F. Jablin exercised restricted stock units that converted into 90,673 Class A Common Shares, according to a Form 4. After this conversion, he directly holds 154,827 Class A Common Shares.
Jablin was also granted 49,575 Restricted Stock Units on Class A Common Shares. According to the filing, this new restricted stock unit award will vest in 2027, and each unit will convert into one Class A Common Share upon vesting. The filing shows no open-market buys or sells.
Positive
- None.
Negative
- None.
Insider Trade Summary
90,673 shares exercised/converted
Mixed
4 txns
Insider
Jablin Burton F
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 converted: 90,673 shares
Class A shares held: 154,827 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
154,827 shares
Direct Class A Common Shares following transactions
New RSU grant
49,575 units
Restricted Stock Units granted on May 4, 2026
RSU vesting date
2027
New restricted stock unit award scheduled to vest in 2027
Exercise transactions
1 transaction, 90,673 shares
Derivative exercise/conversion count and shares from transactionSummary
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 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.
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 SSP director Burton F. Jablin report on this Form 4?
Burton F. Jablin reported exercising 90,673 restricted stock units into Class A Common Shares and receiving a new grant of 49,575 Restricted Stock Units. These actions are compensation-related, with no open-market share purchases or sales disclosed in this filing.
What happened to Burton F. Jablin’s previously held restricted stock units in E.W. Scripps?
Previously held restricted stock units totaling 90,673 were converted into Class A Common Shares. A footnote explains the transaction reflects this conversion, leaving no remaining balance for that specific restricted stock unit award after the exercise recorded on the Form 4.
What are the terms of the new 49,575 Restricted Stock Units granted to Burton F. Jablin at SSP?
The new award of 49,575 Restricted Stock Units will vest in 2027. Upon vesting, each restricted stock unit will convert into one Class A Common Share of E.W. Scripps, aligning Jablin’s future compensation with the company’s equity performance.
Does the SSP Form 4 show any open-market buying or selling by Burton F. Jablin?
The Form 4 does not show any open-market buying or selling. It records an exercise of restricted stock units into Class A Common Shares and a new restricted stock unit grant, both categorized as acquisition or conversion transactions rather than market trades.