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TEGNA (TGNA) CEO Michael Steib receives 354,252 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Steib Michael F reported acquisition or exercise transactions in this Form 4 filing.

TEGNA Inc. reported that President and CEO Michael F. Steib received a grant of 354,252 restricted stock units. Each unit represents a contingent right to receive one share of TEGNA common stock.

The units vest in four equal annual installments on February 28, 2027, February 29, 2028, February 28, 2029, and February 28, 2030, and, unless delivered earlier after a termination of employment or a change in control, will be delivered in four equal annual installments beginning on March 1, 2027.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Steib Michael F

(Last) (First) (Middle)
C/O TEGNA INC.
8401 GREENSBORO DRIVE, SUITE 300

(Street)
MCLEAN VA 22102

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TEGNA INC [ TGNA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 03/01/2026 A 354,252 (2) (2) Common Stock 354,252 $0 354,252 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of the underlying common stock.
2. The restricted stock units vest in four equal annual installments on each of February 28, 2027, February 29, 2028, February 28, 2029 and February 28, 2030 and, unless delivered earlier following a termination of employment of the reporting person or a change in control of the Issuer, will be delivered to the reporting person in four equal annual installments beginning on March 1, 2027.
Remarks:
/s/ Marc S. Sher, attorney-in-fact 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did TEGNA (TGNA) report for Michael F. Steib?

TEGNA reported that President and CEO Michael F. Steib received a grant of 354,252 restricted stock units. These units represent a contingent right to receive an equal number of TEGNA common shares, subject to a multi-year vesting and delivery schedule.

How many restricted stock units were granted to TEGNA (TGNA) CEO Michael F. Steib?

Michael F. Steib was granted 354,252 restricted stock units. Each restricted stock unit corresponds to one share of TEGNA common stock, giving him a significant equity-based incentive tied to the company’s long-term performance and continued service.

When do Michael F. Steib’s TEGNA (TGNA) restricted stock units vest?

The restricted stock units vest in four equal annual installments on February 28, 2027, February 29, 2028, February 28, 2029, and February 28, 2030. This creates a structured, time-based vesting schedule over approximately four years.

When will the TEGNA (TGNA) restricted stock units be delivered to Michael F. Steib?

The units will be delivered in four equal annual installments beginning on March 1, 2027. Delivery may occur earlier if Michael F. Steib’s employment terminates or if a change in control of TEGNA occurs, as specified in the award terms.

What does each TEGNA (TGNA) restricted stock unit granted to Michael F. Steib represent?

Each restricted stock unit represents a contingent right to receive one share of TEGNA common stock. Actual receipt of shares depends on vesting and delivery conditions, including continued employment or specific corporate events like a change in control.

Is Michael F. Steib’s Form 4 transaction in TEGNA (TGNA) a purchase or an award?

The Form 4 shows an award-type acquisition, coded as a grant of restricted stock units. It is classified as a grant, award, or other acquisition rather than an open-market purchase of TEGNA shares for cash.
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