How is Comcast’s spinoff related to these Versant (VSNT) equity awards?

Comcast completed a pro-rata spinoff distribution of Versant on January 2, 2026 . Certain Comcast RSUs were then adjusted and converted into Versant RSUs , resulting in the 46,146-share grant to Fasbender.

Versant Media Group (NASDAQ: VSNT) officer awarded 56,932 RSU-linked shares

Q: What insider transaction did Versant Media Group (VSNT) disclose?

Versant Media Group disclosed that officer Jordan Fasbender , General Counsel & Corporate Secretary, acquired Versant equity awards linked to Comcast’s spinoff and a new founder-related grant.

Q: How many Versant shares did Jordan Fasbender acquire in this Form 4?

On January 9, 2026 , Fasbender was credited with 46,146 shares of Versant Class A common stock from converted Comcast RSUs and a further 10,786 shares from a Versant RSU Founder’s Grant.

Q: What is Jordan Fasbender’s total Versant share ownership after the reported transactions?

After the reported awards, Jordan Fasbender beneficially owned 56,932 shares of Versant Class A common stock, all shown as held directly .

Q: What are the terms of the Versant RSU Founder’s Grant reported in the filing?

The Versant Founder’s Grant to Fasbender covers 10,786 Versant RSUs and will vest in full on the third anniversary of the January 9, 2026 grant date, subject to his continued employment.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Versant Media Group, Inc. reported that its General Counsel & Corporate Secretary, Jordan Fasbender, acquired Versant equity in connection with Comcast’s spinoff and new compensation awards. On January 9, 2026, Fasbender was credited with 46,146 shares of Class A common stock tied to Versant restricted stock units created when certain Comcast RSUs were converted after Comcast’s January 2, 2026 distribution of Versant shares. On the same date, Fasbender received an additional 10,786-share Versant RSU “Founder’s Grant” that will vest in full on the third anniversary of the grant date, subject to continued employment. Following these transactions, Fasbender beneficially owned 56,932 shares of Versant Class A common stock, all reported as directly held.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Fasbender Jordan

Role General Counsel & Corp. Sec.

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	46,146	$0.00	--
Grant/Award	Class A Common Stock	10,786	$0.00	--

Holdings After Transaction: Class A Common Stock — 46,146 shares (Direct)

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 Distribution, pursuant to (i) the terms of the Employee Matters Agreement, dated as of January 2, 2026, by and between Comcast and Versant ("EMA") and (ii) the anti-dilution adjustment provisions under the Comcast 2002 Restricted Stock Plan and Comcast 2023 Omnibus Equity Incentive Plan, certain restricted stock units with respect to Comcast Class A Common Stock ("Comcast RSUs") were equitably adjusted and converted into restricted stock units with respect to Versant Class A Common Stock ("Versant RSUs"), based on (i) the volume weighted average price of Comcast Class A Common Stock (adjusted based on the Distribution ratio) and Versant Class A Common Stock, in each case for the five trading-day period following January 2, 2026 (such adjustment, the "Equity Award Conversion"). Represents the grant of Versant RSUs upon the conversion of certain Comcast RSUs held by the Reporting Person as of January 2, 2026 pursuant to the Equity Award Conversion. The Versant RSUs were granted pursuant to the Versant Omnibus Equity Incentive Plan ("Versant Plan") and are generally subject to the same terms and conditions as applicable to the corresponding Comcast RSUs. Represents the grant of a Versant RSU award ("Founder's Grant") under the Versant Plan to the Reporting Person on January 9, 2026. The Founder's Grant will vest in full on the third anniversary of the date of grant, subject to the Reporting Person's continued employment through such date.

Form 4 Insider Transactions: What Each Field Means →

01/12/2026 - 06:01 PM

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^*

Fasbender Jordan

(Last)

(First)

(Middle)

C/O VERSANT MEDIA GROUP, INC.

900 SYLVAN AVENUE

(Street)

ENGLEWOOD CLIFFS

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	General Counsel & Corp. Sec.

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	01/09/2026⁽¹⁾⁽²⁾		A		46,146⁽³⁾	A	⁽³⁾	46,146⁽³⁾	D
Class A Common Stock	01/09/2026⁽⁴⁾		A		10,786⁽⁴⁾	A	⁽⁴⁾	56,932⁽⁴⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 Distribution, pursuant to (i) the terms of the Employee Matters Agreement, dated as of January 2, 2026, by and between Comcast and Versant ("EMA") and (ii) the anti-dilution adjustment provisions under the Comcast 2002 Restricted Stock Plan and Comcast 2023 Omnibus Equity Incentive Plan, certain restricted stock units with respect to Comcast Class A Common Stock ("Comcast RSUs") were equitably adjusted and converted into restricted stock units with respect to Versant Class A Common Stock ("Versant RSUs"), based on (i) the volume weighted average price of Comcast Class A Common Stock (adjusted based on the Distribution ratio) and Versant Class A Common Stock, in each case for the five trading-day period following January 2, 2026 (such adjustment, the "Equity Award Conversion").

3. Represents the grant of Versant RSUs upon the conversion of certain Comcast RSUs held by the Reporting Person as of January 2, 2026 pursuant to the Equity Award Conversion. The Versant RSUs were granted pursuant to the Versant Omnibus Equity Incentive Plan ("Versant Plan") and are generally subject to the same terms and conditions as applicable to the corresponding Comcast RSUs.

4. Represents the grant of a Versant RSU award ("Founder's Grant") under the Versant Plan to the Reporting Person on January 9, 2026. The Founder's Grant will vest in full on the third anniversary of the date of grant, subject to the Reporting Person's continued employment through such date.

	/s/ Jordan Fasbender	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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Versant Media Group (VSNT) disclose?

Versant Media Group disclosed that officer Jordan Fasbender, General Counsel & Corporate Secretary, acquired Versant equity awards linked to Comcast’s spinoff and a new founder-related grant.

How many Versant shares did Jordan Fasbender acquire in this Form 4?

On January 9, 2026, Fasbender was credited with 46,146 shares of Versant Class A common stock from converted Comcast RSUs and a further 10,786 shares from a Versant RSU Founder’s Grant.

What are the terms of the Versant RSU Founder’s Grant reported in the filing?

The Versant Founder’s Grant to Fasbender covers 10,786 Versant RSUs and will vest in full on the third anniversary of the January 9, 2026 grant date, subject to his continued employment.

Does the Form 4 indicate any sale of Versant (VSNT) shares by the reporting person?

No. The reported transactions are coded as A (acquisitions) of Versant Class A common stock tied to RSU awards; there are no dispositions listed in the provided data.