Thryv Holdings Strengthens Board Commitment with Major Director Stock Award

Rhea-AI Filing Summary

Thryv Holdings director Lou Orfanos received a grant of 11,035 restricted stock units (RSUs) on June 12, 2025, as reported in a Form 4 filing. The RSUs were awarded under the company's 2020 Incentive Award Plan with the following key details:

• Grant Date: June 12, 2025
• Vesting Schedule: Full vesting on June 12, 2026 (one-year cliff vesting)
• Acquisition Price: $0
• Ownership Type: Direct

This equity compensation grant aligns with common director compensation practices and represents a new position for Orfanos, as indicated by the total beneficial ownership matching the newly granted amount. The filing was signed by Meredith Kennedy as attorney-in-fact on June 27, 2025.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Orfanos Lou

(Last) (First) (Middle)

2200 WEST AIRFIELD DRIVE

P.O. BOX 619810

(Street)

DFW AIRPORT TX 75261

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Thryv Holdings, Inc. [ THRY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	06/12/2025		A		11,035(1)	A	$0	11,035	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These restricted stock units were granted under the Issuer's 2020 Incentive Award Plan and will vest in full on June 12, 2026.

Remarks:

	/s/ Meredith Kennedy, attorney in fact	06/27/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many restricted stock units (RSUs) did THRY director Lou Orfanos receive on June 12, 2025?

According to the Form 4 filing, THRY director Lou Orfanos received 11,035 restricted stock units on June 12, 2025, granted under the company's 2020 Incentive Award Plan.

When will Lou Orfanos' THRY restricted stock units vest?

The restricted stock units granted to Lou Orfanos will vest in full on June 12, 2026, exactly one year after the grant date.

What was the purchase price of THRY RSUs granted to Lou Orfanos?

The restricted stock units were granted at a price of $0, as indicated in Table I of the Form 4 filing under the 'Price' column.

What is Lou Orfanos' role at THRY according to the Form 4?

According to the Form 4 filing, Lou Orfanos serves as a Director of Thryv Holdings, Inc. (THRY), as indicated by the 'X' marked in the Director box under Section 5 of the form.

How many THRY shares does Lou Orfanos beneficially own following this transaction?

Following this transaction, Lou Orfanos beneficially owns 11,035 shares of THRY common stock directly (indicated by 'D' under Ownership Form in Table I of the Form 4).