TEGNA (NYSE: TGNA) officer converts RSUs and withholds shares for taxes
Rhea-AI Filing Summary
TEGNA Inc. reported insider equity award activity by its senior vice president and chief growth officer. On 12/15/2025, 82,112.25 restricted stock units were converted into restricted shares of common stock, generally on the same terms.
To cover taxes tied to a Section 83(b) election, 40,262.529 common shares were withheld at $19.58 per share. After these transactions, the officer beneficially owned 171,272.532 common shares directly and 10,548.541 shares through a 401(k) plan. The restricted stock unit conversion and election were made in connection with the consummation of transactions under the August 18, 2025 Agreement and Plan of Merger among TEGNA, Nexstar Media Group, Inc. and Teton Merger Sub, Inc.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did TEGNA (TGNA) report for 12/15/2025?
A TEGNA senior vice president and chief growth officer reported equity award activity on 12/15/2025, including conversion of restricted stock units into restricted common shares and related tax share withholding.
How many TEGNA RSUs were converted into common stock in this Form 4?
The reporting officer converted 82,112.25 restricted stock units into restricted shares of TEGNA common stock, generally subject to the same terms and conditions.
How many TEGNA (TGNA) shares were withheld for taxes and at what price?
To satisfy tax obligations tied to a Section 83(b) election, 40,262.529 shares of TEGNA common stock were withheld at a price of $19.58 per share.
How many TEGNA shares does the executive beneficially own after the reported transactions?
Following the transactions, the officer beneficially owned 171,272.532 TEGNA common shares directly and 10,548.541 shares indirectly through a 401(k) plan.
How is this TEGNA insider transaction related to the Nexstar merger agreement?
The filing states that the restricted stock units were converted into restricted shares and a Section 83(b) election was made to mitigate potential tax consequences under Sections 280G and 4999 of the Internal Revenue Code, in connection with consummation of transactions under the August 18, 2025 Agreement and Plan of Merger among TEGNA Inc., Nexstar Media Group, Inc. and Teton Merger Sub, Inc.