[Form 4] Versant Media Group, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Versant Media Group, Inc. reported that its CFO and COO, Anand Kini, acquired additional Class A common stock through equity award adjustments and a new grant. On January 9, 2026, Kini was credited with 225,153 shares linked to the conversion of certain Comcast restricted stock units into Versant restricted stock units under an equity award conversion tied to Comcast’s spinoff of Versant. After this adjustment, he beneficially owned 225,661 Versant Class A shares.

On the same date, Kini received a separate Versant restricted stock unit award described as a Founder's Grant for 80,893 shares, which will vest in full on the third anniversary of the grant date, subject to continued employment. Following this grant, Kini’s beneficial ownership increased to 306,554 Versant Class A common shares. The awards were granted at a stated price of $0.00 per share as reported in the filing.

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

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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^*

Kini Anand

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO and COO

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)(2)		A		225,153(3)	A	(3)	225,661(4)	D
Class A Common Stock	01/09/2026(5)		A		80,893(5)	A	(5)	306,554(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)
				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 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. 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.

5. 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, 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).
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FAQ

What insider transactions did Versant (VSNT) report for Anand Kini?

The report shows that Anand Kini, Versant’s CFO and COO, acquired Versant Class A common stock on January 9, 2026 through the conversion of Comcast restricted stock units into Versant restricted stock units and through a separate Versant restricted stock unit grant.

How many Versant shares did Anand Kini acquire in total on January 9, 2026?

On January 9, 2026, Kini was credited with 225,153 Versant Class A shares from the Comcast equity award conversion and 80,893 shares from a Versant Founder's Grant, as reported in the Form 4.

What is Anand Kini’s Versant share ownership after these transactions?

After the equity award conversion on January 9, 2026, Kini beneficially owned 225,661 Versant Class A common shares, and following the Founder's Grant he beneficially owned 306,554 Versant Class A common shares.

How are the Comcast and Versant equity awards related in this filing for VSNT?

Certain Comcast restricted stock units were equitably adjusted and converted into Versant restricted stock units under an Equity Award Conversion, following Comcast’s pro-rata spinoff distribution of Versant shares completed on January 2, 2026.

What are the vesting terms of Anand Kini’s Versant Founder's Grant?

The Founder's Grant of Versant restricted stock units awarded to Kini on January 9, 2026 will vest in full on the third anniversary of the grant date, subject to his continued employment through that date.

Were these Versant (VSNT) insider equity awards granted for cash consideration?

The filing lists the acquisition price for both Versant Class A common stock transactions as $0.00 per share, indicating the awards were granted without cash purchase price.