Executive Alex Tolston awarded 72,748 RSUs at TEGNA (TGNA)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tolston Alex J reported acquisition or exercise transactions in this Form 4 filing.
TEGNA INC reported that SVP and Chief Legal Officer Alex J. Tolston received a grant of 72,748 restricted stock units on March 1, 2026. Each unit represents a contingent right to receive one share of TEGNA common stock.
The restricted stock units vest in four equal annual installments on February 28, 2027, February 29, 2028, February 28, 2029, and February 28, 2030. Shares will be delivered in four equal annual installments beginning on March 1, 2027, unless delivered earlier following a termination of employment or a change in control.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tolston Alex J
Role
SVP and Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 72,748 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 72,748 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the underlying common stock. 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.
FAQ
What insider transaction did TEGNA (TGNA) disclose for Alex J. Tolston?
TEGNA disclosed that Alex J. Tolston received a grant of 72,748 restricted stock units. These units are part of his equity compensation and each unit represents the right to receive one share of TEGNA common stock in the future, subject to vesting.
How many restricted stock units were granted to TEGNA (TGNA) executive Alex J. Tolston?
Alex J. Tolston was granted 72,748 restricted stock units. This award increases his potential future equity stake in TEGNA, aligning his compensation with shareholder interests over a multi-year vesting schedule tied to continued employment and certain corporate events.
When do Alex J. Tolston’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. Vesting requires continued service, with earlier delivery possible after termination or a change in control.
What does each restricted stock unit granted by TEGNA (TGNA) to Alex J. Tolston represent?
Each restricted stock unit represents a contingent right to receive one share of TEGNA common stock. The actual receipt of shares depends on the units vesting over time and on specified conditions such as continued employment and potential change in control events.
Is the TEGNA (TGNA) Form 4 for Alex J. Tolston a stock purchase or a compensation award?
The Form 4 reflects a compensation award, not an open-market stock purchase. It records a grant of 72,748 restricted stock units to Alex J. Tolston as part of his executive compensation, with future share delivery tied to vesting and employment conditions.