E.W. Scripps (SSP) CTO logs major RSU grants and tax share withholding
Rhea-AI Filing Summary
E.W. SCRIPPS Co Chief Transformation Officer Laura Tomlin reported multiple equity award activities involving restricted stock units and Class A common shares on 2026-03-01.
She received two new restricted stock unit grants of 161,399 and 99,150 units at no cost, with footnotes explaining these awards will vest in installments from 2026 through 2030 and convert into Class A common shares upon vesting.
Several existing restricted stock unit awards were exercised or converted into both restricted stock units and Class A common shares, including an acquisition of 128,531 Class A shares through derivative conversion. A separate disposition of 39,142 Class A common shares was made to satisfy tax obligations through share withholding, rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,666 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 23,741 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 13,439 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 161,399 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 85,685 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 99,150 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Shares, $.01 par value per share | 39,142 | $0.00 | $0.00 |
| Exercise | Class A Common Shares, $.01 par value per share | 128,531 | $0.00 | $0.00 |
| holding | Common Voting Shares, $.01 par value per share | -- | -- | -- |
Footnotes (4)
- F1. The terms of this long-term incentive award mandate that the Company withhold shares to satisfy the reporting person's tax obligation.
- F2. This transaction reflects the conversion of restricted stock units into Class A Common Shares.
- 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 equal parts in 2027, 2028, 2029 and 2030. Upon vesting, each restricted stock until will convert into one Class A Common Share of the Company.
FAQ
What did E.W. SCRIPPS (SSP) executive Laura Tomlin report in this Form 4?
How many restricted stock units did Laura Tomlin acquire from E.W. SCRIPPS (SSP)?
What vesting schedule applies to Laura Tomlin’s new E.W. SCRIPPS (SSP) restricted stock units?
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