TEGNA (TGNA) CFO logs RSU grant and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TEGNA SVP and CFO Julie Heskett reported several equity transactions. She received a grant of 75,911 restricted stock units on March 1, 2026, which vest in four equal annual installments from February 28, 2027 through February 28, 2030. On February 27, 2026, 12,080.934 2023 Performance Shares were exercised into the same number of common shares, with 3,883.102 shares withheld at $20.95 per share to cover taxes. After these transactions, she directly holds 117,227.774 common shares and indirectly holds 10,590.270 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,080.934 shares exercised/converted
Mixed
5 txns
Insider
Heskett Julie
Role
SVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 75,911 | $0.00 | -- |
| Exercise | 2023 Performance Shares | 12,080.934 | $0.00 | -- |
| Exercise | Common Stock | 12,080.934 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,883.102 | $20.95 | $81K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 75,911 shares (Direct);
2023 Performance Shares — 0 shares (Direct);
Common Stock — 121,110.876 shares (Direct);
Common Stock — 10,590.27 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Each 2023 Performance Share and restricted stock unit represents a contingent right to receive one share of the underlying common stock. Represents shares of common stock withheld to satisfy the reporting person's tax obligation upon the vesting of 2023 Performance Shares and the corresponding acquisition of shares of common stock by the reporting person pursuant to the Issuer's 2020 Omnibus Incentive Compensation Plan. The 2023 Performance Shares vested on February 27, 2026. The corresponding shares of the Issuer's common stock were delivered to the reporting person as to the vested shares on March 2, 2026. 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 equity awards did TEGNA (TGNA) CFO Julie Heskett receive?
Julie Heskett received 75,911 restricted stock units on March 1, 2026. These units vest in four equal annual installments from February 28, 2027 through February 28, 2030, with delivery of shares beginning March 1, 2027, subject to employment and plan terms.
What indirect TEGNA (TGNA) holdings does the CFO report?
In addition to direct holdings, Julie Heskett reports indirect ownership of 10,590.270 TEGNA common shares. These shares are held through a 401(k) plan, as indicated by the nature-of-ownership disclosure in the insider transaction report.
Do the reported TEGNA (TGNA) insider transactions involve open-market buying or selling?
The reported transactions involve grants, vesting, and tax withholding, not open-market trades. Awards include restricted stock units and 2023 Performance Shares, plus a share disposition solely to cover tax obligations at $20.95 per share, rather than discretionary market sales.