Versant Media (VSNT) awards 27,196 RSUs to General Counsel Fasbender
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fasbender Jordan reported acquisition or exercise transactions in this Form 4 filing.
Versant Media Group, Inc. granted equity to one of its top executives. General Counsel & Corporate Secretary Jordan Fasbender received 27,196 restricted stock units (RSUs) tied to Versant Class A Common Stock on March 5, 2026. These RSUs vest in three equal annual installments on each of the first three anniversaries of the grant date, as long as Fasbender continues serving the company. Following this award, Fasbender’s directly held Class A Common Stock and RSU-related holdings total 84,128 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fasbender Jordan
Role
General Counsel & Corp. Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 27,196 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 84,128 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Versant Media Group (VSNT) report for Jordan Fasbender?
Versant Media Group reported that General Counsel & Corporate Secretary Jordan Fasbender received a grant of 27,196 restricted stock units tied to Class A Common Stock on March 5, 2026. This equity award reflects part of his compensation package under Versant’s Omnibus Equity Incentive Plan.
How do the 27,196 RSUs for Versant Media Group (VSNT) vest for Jordan Fasbender?
The 27,196 restricted stock units vest in three equal annual installments. They vest ratably on each of the first three anniversaries of the March 5, 2026 grant date, provided Jordan Fasbender continues his service with Versant Media Group throughout each applicable vesting period.
What type of security was granted to Jordan Fasbender by Versant Media Group (VSNT)?
Jordan Fasbender was granted restricted stock units with respect to Versant Media Group Class A Common Stock. These RSUs were issued under the Versant Omnibus Equity Incentive Plan and represent an equity-based compensation award rather than a cash payment, according to the Form 4 disclosure.
Was cash paid for the 27,196 Versant Media Group (VSNT) RSUs granted to Jordan Fasbender?
No cash consideration was paid for this award; the transaction price per share is listed as 0.0000. The 27,196 restricted stock units represent a grant of equity compensation under Versant’s Omnibus Equity Incentive Plan for Jordan Fasbender’s executive role at the company.