TEGNA (NYSE: TGNA) CFO receives 51,470 2024 performance shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Heskett Julie reported acquisition or exercise transactions in this Form 4 filing.
TEGNA INC reported that its SVP and CFO, Julie Heskett, received a grant of 51,470 2024 Performance Shares. These awards are a form of equity compensation, shown at a grant price of $0.00 per share and are classified as derivative securities tied to common stock.
Each 2024 Performance Share represents a contingent right to receive one share of TE GNA common stock. The performance shares vest on February 28, 2027, and, unless delivered earlier after certain employment or change-in-control events, the vested common shares are scheduled to be delivered on or about March 1, 2027. Following this award, Heskett holds 51,470 performance shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Heskett Julie
Role
SVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2024 Performance Shares | 51,470 | $0.00 | -- |
Holdings After Transaction:
2024 Performance Shares — 51,470 shares (Direct)
Footnotes (1)
- Each 2024 Performance Share represents a contingent right to receive one share of the underlying common stock. The 2024 Performance Shares vest on February 28, 2027 and, unless delivered earlier following a termination of employment of the reporting person or a change in control of the Issuer, the corresponding vested shares of the Issuer's common stock will be delivered to the reporting person on or about March 1, 2027.
FAQ
What insider transaction did TEGNA (TGNA) disclose for CFO Julie Heskett?
TEGNA disclosed that SVP and CFO Julie Heskett received a grant of 51,470 2024 Performance Shares. These are equity-based awards that may convert into an equal number of common shares if vesting conditions are met over the specified performance period.