E.W. Scripps (SSP) director converts 90,673 RSUs and receives new 49,575-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
E.W. SCRIPPS Co director and 10% owner Charles L. Barmonde reported compensation-related equity activity. On May 5, 2026, a revocable living trust associated with him exercised 90,673 restricted stock units, converting them into the same number of Class A Common Shares, bringing its Class A holdings to 830,742 shares.
On May 4, 2026, he also received a new grant of 49,575 restricted stock units, which are scheduled to vest in 2027 and convert into Class A shares at that time. Form 4 holdings tables show 585,666 Common Voting Shares held indirectly through the revocable living trust and no direct holdings in those share classes.
Positive
- None.
Negative
- None.
Insider Trade Summary
90,673 shares exercised/converted
Mixed
6 txns
Insider
Barmonde Charles L.
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 | Class A Common Shares, $.01 par value per share | -- | -- | -- |
| holding | Common Voting Shares, $.01 par value per share | -- | -- | -- |
| holding | Common Voting Shares, $.01 par value per share | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Indirect, Revocable Living Trust);
Class A Common Shares, $.01 par value per share — 830,742 shares (Indirect, Revocable Living Trust);
Restricted Stock Units — 49,575 shares (Direct, null);
Class A Common Shares, $.01 par value per share — 0 shares (Direct, null);
Common Voting Shares, $.01 par value per share — 585,666 shares (Indirect, Revocable Living Trust);
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: 830,742 shares
New RSU grant: 49,575 units
+1 more
4 metrics
RSUs exercised
90,673 units
Converted into Class A Common Shares on May 5, 2026
Class A shares held
830,742 shares
Indirectly held via revocable living trust after exercise
New RSU grant
49,575 units
Awarded May 4, 2026; scheduled to vest in 2027
Common Voting Shares held
585,666 shares
Indirectly held via revocable living trust as of May 4, 2026
Key Terms
Restricted Stock Units, Revocable Living Trust, derivative security
3 terms
Restricted Stock Units financial
"The footnotes note 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.
Revocable Living Trust financial
"Several holdings are reported as indirectly owned through a Revocable Living Trust."
derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What did Charles L. Barmonde report in this E.W. SCRIPPS (SSP) Form 4?
He reported compensation-related equity activity, not open-market trading. A revocable living trust associated with him converted 90,673 restricted stock units into Class A Common Shares and he received a new grant of 49,575 restricted stock units scheduled to vest in 2027.
What new restricted stock unit award did Charles L. Barmonde receive from E.W. SCRIPPS (SSP)?
He received a new award of 49,575 restricted stock units on May 4, 2026. According to the filing, this award will vest in 2027, and each unit will convert into one Class A Common Share of E.W. SCRIPPS upon vesting, if conditions are met.
What do the footnotes say about Charles L. Barmonde’s E.W. SCRIPPS restricted stock units?
The footnotes explain that one transaction reflects conversion of restricted stock units into Class A Common Shares, and another award of 49,575 restricted stock units will vest in 2027, at which time each unit converts into one Class A Common Share of the company.