Major holder Savannah Brickner boosts E.W. Scripps (SSP) stake with open-market buys
Rhea-AI Filing Summary
E.W. Scripps Co 10% owner Savannah Brickner reported open-market purchases of Class A Common Shares. On March 10, 2026, Brickner bought 27,682 shares at a weighted average price of $4.5927 per share, bringing direct Class A holdings to 66,226 shares.
On March 9, 2026, Brickner had purchased 38,544 Class A shares at a weighted average price of $4.4333 per share. The filing also shows 301 Common Voting Shares held directly and 66 Class A shares held indirectly through a trust.
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Insights
Large shareholder increases direct stake in E.W. Scripps through open-market buying.
Savannah Brickner, identified as a 10% owner of E.W. Scripps Co, executed two open-market purchases of Class A Common Shares in early March 2026. The transactions totaled 66,226 shares directly held after the latest trade, at weighted average prices in the mid-$4 range.
Because these are open-market purchases coded "P", they represent active buying decisions rather than compensation grants or tax withholdings. The filing also lists smaller positions in Common Voting Shares and Class A shares held via a trust, indicating both direct and indirect exposure.
The scale of these purchases relative to the company’s total shares outstanding is not specified in the excerpt, so their overall impact on ownership concentration cannot be quantified here. Future company filings may provide additional context on any subsequent changes in this large shareholder’s position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Shares, $.01 par value per share | 27,682 | $4.5927 | $127K |
| Purchase | Class A Common Shares, $.01 par value per share | 38,544 | $4.4333 | $171K |
| holding | Class A Common Shares, $.01 par value per share | -- | -- | -- |
| holding | Common Voting Shares, $.01 par value per share | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.25 to $4.76, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.41 to $4.75, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes to this Form 4.