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Versant Media Group (VSNT) director Novak awarded 2,378 RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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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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
Estimated average burden
hours per response: 0.5
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*
NOVAK DAVID C

(Last) (First) (Middle)
C/O VERSANT MEDIA GROUP, INC.
900 SYLVAN AVENUE

(Street)
ENGLEWOOD CLIFFS NJ 07632

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Versant Media Group, Inc. [ VSNT ]
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)
01/09/2026
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
Class A Common Stock 01/09/2026(1) A 2,378(2) A (2) 15,560(3) 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. 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").
2. 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.
3. 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.
/s/ Jordan Fasbender, as attorney-in-fact 01/12/2026
** 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

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.

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