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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,378 | $0.00 | -- |
Footnotes (1)
- On January 2, 2026, Comcast Corporation ("Comcast") completed a pro-rata spinoff distribution ("Distribution") of all of its shares of Versant Media Group, Inc. ("Versant") Class A common stock, par value $0.01 per share ("Versant Class A Common Stock") and Versant Class B common stock, par value $0.01 per share ("Versant Class B Common Stock") to the holders of record of Comcast Class A common stock, par value $0.01 per share ("Comcast Class A Common Stock") and Comcast Class B common stock, par value $0.01 per share ("Comcast Class B Common Stock"), respectively, as of December 16, 2025, the record date for the Distribution ("Record Date"). In connection with the Reporting Person's appointment as a non-employee director on Versant's board of directors, on January 9, 2026, the Reporting Person was granted restricted stock units with respect to shares of Versant Class A Common Stock ("Versant RSUs") pursuant to the Versant Omnibus Equity Incentive Plan. The Versant RSUs will vest in full on the date of the next regularly scheduled annual general meeting of Versant's shareholders following the date of grant, subject to the Reporting Person's continued service as a non-employee director through such date. This amount includes shares of Versant Class A Common Stock received by the Reporting Person in connection with the Distribution in respect of shares of Comcast Class A Common Stock held as of the Record Date.
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.
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.
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.