Versant Media Group (VSNT) director awarded 5,119 deferred stock units vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mahoney William Scott reported acquisition or exercise transactions in this Form 4 filing.
Versant Media Group, Inc. director William Scott Mahoney received an award of 5,119 deferred restricted stock units (DRSUs) tied to Class A Common Stock at a reference price of $36.14 per unit. Each DRSU represents a contingent right to one share, vesting in full on the earlier of June 26, 2027, or the company’s 2027 annual shareholder meeting. Settlement of the units is deferred until his separation from service or upon a change in control, death, or disability. Following this grant, his reported direct holdings associated with this award are 7,497 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mahoney William Scott
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,119 | $36.14 | $185K |
Holdings After Transaction:
Class A Common Stock — 7,497 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Deferred stock units granted: 5,119 units
Reference price per unit: $36.14 per unit
Holdings after transaction: 7,497 units
+1 more
4 metrics
Deferred stock units granted
5,119 units
Grant of DRSUs on June 26, 2026
Reference price per unit
$36.14 per unit
Grant price for DRSUs
Holdings after transaction
7,497 units
Total reported direct position after grant
Vesting date
June 26, 2027
Full vesting or earlier 2027 annual meeting
Key Terms
deferred restricted stock units, change in control, separation from service, disability
4 terms
deferred restricted stock units financial
"Represents deferred restricted stock units ("DRSUs"). Each DRSU represents a contingent right to receive one share"
Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.
change in control financial
"Settlement ... deferred until separation from service or the earliest to occur of (i) a change in control"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
separation from service financial
"Settlement of the DRSUs has been deferred until the Reporting Person's separation from service"
disability financial
"or (iii) the Reporting Person's disability"
FAQ
What did Versant Media Group (VSNT) disclose about William Scott Mahoney in this Form 4?
Versant Media Group reported that director William Scott Mahoney received 5,119 deferred restricted stock units linked to Class A Common Stock, vesting in 2027 and settling only after separation from service or specific triggering events such as change in control, death, or disability.
How many Versant Media Group (VSNT) units did William Scott Mahoney receive?
William Scott Mahoney was granted 5,119 deferred restricted stock units. Each unit represents a contingent right to one share of Class A Common Stock, subject to vesting and later settlement conditions defined in the award terms disclosed in the filing footnote.
When do William Scott Mahoney’s VSNT deferred restricted stock units vest?
The deferred restricted stock units vest in full on the earlier of June 26, 2027, or Versant Media Group’s 2027 annual meeting of shareholders. Vesting must occur before any settlement, which itself is deferred until separation or other specified triggering events.
What are William Scott Mahoney’s reported VSNT holdings after this Form 4 transaction?
After the reported grant, Mahoney is shown with 7,497 units related to Class A Common Stock. This figure reflects his direct position in the awarded deferred restricted stock units, giving context to the scale of this compensation-related equity award.