SSP CEO reports major RSU grants and share moves
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Rhea-AI Filing Summary
E.W. SCRIPPS Co President and CEO Adam Symson reported multiple equity compensation transactions dated March 1, 2026. He acquired several blocks of restricted stock units (RSUs) through exercises and new awards, including a grant of 1,300,414 RSUs and another of 532,577 RSUs. Footnotes state the company exceeded performance goals, leading to additional RSUs that vest in parts from 2026 through 2029 and convert one-for-one into Class A Common Shares upon vesting. Symson also acquired 765,279 Class A Common Shares via derivative exercises and disposed of 305,556 Class A Common Shares to cover tax obligations through share withholding.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 37,677 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 70,782 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 88,194 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 1,300,414 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 568,626 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 532,577 | $0.00 | $0.00 |
| Exercise | Class A Common Shares, $.01 par value per share | 765,279 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Shares, $.01 par value per share | 305,556 | $0.00 | $0.00 |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Voting Shares, $.01 par value per share | -- | -- | -- |
Footnotes (4)
- F1. This transaction reflects the conversion of restricted stock units into Class A Common Shares.
- F2. The terms of this long-term incentive award mandate that the Company withhold shares to satisfy the reporting person's tax obligation.
- F3. Since the Company exceeded performance goals, additional restricted stock units were credited. This restricted stock award will vest in equal parts in 2027, 2028 and 2029. 25% vested in 2026. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.
- F4. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did E.W. SCRIPPS (SSP) CEO Adam Symson report in this Form 4?
How many restricted stock units did SSP grant to CEO Adam Symson?
When will Adam Symson’s newly reported SSP RSU awards vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.