Versant Media Group (VSNT) director Novak awarded 2,378 RSUs
Rhea-AI Filing Summary
Versant Media Group, Inc. director David C. Novak reported an equity award of 2,378 shares of Versant Class A common stock on January 9, 2026, shown at a price of $0 per share, reflecting a grant rather than an open-market purchase. The award was made as restricted stock units under the Versant Omnibus Equity Incentive Plan and will vest in full on the date of the next regularly scheduled annual general meeting of Versant shareholders, subject to his continued service as a non-employee director.
After this grant, Novak beneficially owns 15,560 shares of Versant Class A common stock, which includes shares received in a pro-rata spinoff distribution completed by Comcast Corporation on January 2, 2026 to Comcast shareholders of record as of December 16, 2025.
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FAQ
What insider transaction did Versant (VSNT) report for David C. Novak?
David C. Novak, a director of Versant Media Group, Inc., reported acquiring 2,378 shares of Versant Class A common stock on January 9, 2026 in a transaction coded "A" (acquisition) at a price of $0 per share.
How many Versant (VSNT) shares does David C. Novak own after this Form 4 transaction?
Following the reported transaction, David C. Novak beneficially owns 15,560 shares of Versant Class A common stock, held in direct form.
Was the Versant (VSNT) share acquisition by David C. Novak a grant or a market purchase?
The filing shows an acquisition of 2,378 shares at a price of $0 per share, and the footnotes explain this reflects restricted stock units granted under the Versant Omnibus Equity Incentive Plan in connection with his role as a non-employee director.
When do David C. Novak’s Versant RSUs reported on this Form 4 vest?
The restricted stock units tied to Versant Class A common stock will vest in full on the date of the next regularly scheduled annual general meeting of Versant shareholders after the January 9, 2026 grant date, subject to his continued service as a non-employee director.
How did Comcast’s spinoff relate to David C. Novak’s Versant (VSNT) shareholdings?
The footnotes state that Comcast Corporation completed a pro-rata spinoff distribution of Versant Class A and Class B common stock on January 2, 2026 to Comcast shareholders of record as of December 16, 2025, and Novak’s reported 15,560 shares include Versant Class A shares received in that distribution.
What is David C. Novak’s relationship to Versant Media Group, Inc.?
The Form 4 identifies David C. Novak as a director of Versant Media Group, Inc. and indicates the filing is made by one reporting person in that capacity.