E.W. Scripps (SSP) director gains 90,673 shares, receives 49,575 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
E.W. Scripps director Alexander Marcellus Winston Jr reported equity compensation changes involving company stock. On May 5, 2026, he exercised 90,673 restricted stock units, which converted into the same number of Class A Common Shares. Following this conversion, he directly owned 178,458 Class A Common Shares.
Separately, on May 4, 2026, he received a new grant of 49,575 restricted stock units at no cash cost. According to the disclosure, this award will vest in 2027, and each unit will convert into one Class A Common Share when it vests. The filing shows no open-market purchases or sales; the activity is limited to an RSU grant and an RSU-to-share conversion.
Positive
- None.
Negative
- None.
Insider Trade Summary
90,673 shares exercised/converted
Mixed
4 txns
Insider
Alexander Marcellus Winston Jr
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 — 178,458 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
RSU grant: 49,575 units
Shares owned after transaction: 178,458 shares
+1 more
4 metrics
RSUs exercised
90,673 units
Converted into Class A Common Shares on May 5, 2026
RSU grant
49,575 units
New restricted stock unit award on May 4, 2026
Shares owned after transaction
178,458 shares
Class A Common Shares directly held after May 5, 2026 conversion
RSU vesting year
2027
New RSU award vests in 2027 before converting to shares
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 transaction reflects the conversion of restricted stock units into Class A Common Shares."
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 E.W. Scripps (SSP) director Alexander Winston report?
He reported exercising 90,673 restricted stock units into Class A Common Shares and receiving a new award of 49,575 restricted stock units. These events reflect equity compensation activity rather than open-market buying or selling of E.W. Scripps shares.
What are the terms of Alexander Winston’s new restricted stock unit grant at E.W. Scripps (SSP)?
He received 49,575 restricted stock units on May 4, 2026 at a stated price of $0.00. The filing explains the award will vest in 2027, after which each restricted stock unit will convert into one Class A Common Share of E.W. Scripps.
What does the RSU conversion mean for E.W. Scripps (SSP) director ownership?
The RSU conversion turned 90,673 restricted stock units into the same number of Class A Common Shares, increasing directly held stock. After this conversion, Alexander Winston’s direct holdings total 178,458 Class A Common Shares, according to the reported post-transaction balance.