TEGNA (TGNA) SVP awarded 51,794 2024 Performance Shares in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cox Thomas R. reported acquisition or exercise transactions in this Form 4 filing.
TEGNA Inc.'s SVP and Chief Growth Officer Thomas R. Cox received an award of 51,794 2024 Performance Shares. Each performance share is a contingent right to receive one share of TEGNA common stock, so this grant represents up to 51,794 shares if conditions are met.
The 2024 Performance Shares vest on February 28, 2027. Unless delivered earlier after certain employment or change-in-control events, the vested common shares are scheduled to be delivered to Cox on or about March 1, 2027. This is a compensation-related equity grant, not an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cox Thomas R.
Role
SVP and Chief Growth Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2024 Performance Shares | 51,794 | $0.00 | -- |
Holdings After Transaction:
2024 Performance Shares — 51,794 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 did TEGNA (TGNA) executive Thomas R. Cox report in this Form 4?
Thomas R. Cox reported receiving 51,794 2024 Performance Shares as equity compensation. Each performance share is a contingent right to one share of TEGNA common stock, dependent on meeting specified vesting conditions and timelines through early 2027.
Is this TEGNA (TGNA) Form 4 transaction a buy or sell signal?
This Form 4 shows an equity grant to Thomas R. Cox, not a market trade. It reflects compensation in the form of 2024 Performance Shares, rather than buying or selling TEGNA stock in the open market, so it carries limited trading-signal implications.