E.W. Scripps (SSP) director boosts stake via RSU exercise and new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
E.W. Scripps director Kelly P. Conlin exercised 90,673 restricted stock units, converting them into Class A Common Shares on May 5, 2026. This raised Conlin’s direct Class A Common Share holdings to 202,425 shares.
On May 4, 2026, Conlin also received a grant of 49,575 restricted stock units. According to the footnotes, this award will vest in 2027, and each unit will convert into one Class A Common Share at vesting. These are compensation-related equity awards rather than open-market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
90,673 shares exercised/converted
Mixed
4 txns
Insider
CONLIN KELLY P
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 — 202,425 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
Class A shares held after: 202,425 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
Class A shares held after
202,425 shares
Direct holdings following RSU conversion
New RSU grant
49,575 units
Restricted stock units granted on May 4, 2026
RSU vesting year
2027
New RSU award scheduled to vest in 2027
Exercise/conversion price
$0.00 per unit
Reported price for RSU exercise and grant entries
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
"The transaction involves Restricted Stock Units that convert 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 M is described as Exercise or conversion of derivative security."
Grant, award, or other acquisition financial
"Transaction code A is described as Grant, award, or other acquisition."
FAQ
What insider equity moves did Kelly P. Conlin report at E.W. Scripps (SSP)?
Kelly P. Conlin exercised 90,673 restricted stock units into Class A Common Shares and received a new grant of 49,575 restricted stock units. The moves increase his direct share ownership and add unvested equity that will convert into shares when it vests.
Were Kelly P. Conlin’s E.W. Scripps transactions open-market buys or sells?
The transactions were not open-market buys or sells. They involved exercising restricted stock units into Class A Common Shares and receiving a new restricted stock unit grant as equity compensation, with no stated purchase or sale price in the reported entries.
What are the terms of Kelly P. Conlin’s new restricted stock unit grant at E.W. Scripps?
Conlin was granted 49,575 restricted stock units that will vest in 2027. Footnotes state that upon vesting, each unit will convert into one Class A Common Share of E.W. Scripps, creating additional share ownership at that future vesting date.