Director at Versant Media Group (VSNT) receives 5,119 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eun David reported acquisition or exercise transactions in this Form 4 filing.
Versant Media Group, Inc. reported that director Eun David received an award of 5,119 deferred restricted stock units (DRSUs) of Class A Common Stock, valued at $36.14 per share for reporting purposes. Following this grant, David holds 7,497 Class A shares/units directly.
Each DRSU represents a contingent right to one Class A share. The DRSUs vest in full on the earlier of June 26, 2027 or the company’s 2027 annual shareholder meeting. Settlement into actual shares is deferred until David’s separation from service or the earliest of a change in control, death, or disability, so this is a compensation-related equity award rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Eun David
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)
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Key Figures
DRSU grant size: 5,119 units
Reporting value per unit: $36.14 per share
Holdings after grant: 7,497 shares/units
+1 more
4 metrics
DRSU grant size
5,119 units
Deferred restricted stock units awarded to director Eun David
Reporting value per unit
$36.14 per share
Assigned value for the Class A Common Stock underlying DRSUs
Holdings after grant
7,497 shares/units
Total direct Class A position following the DRSU award
Vesting date trigger
June 26, 2027
DRSUs vest on this date or at the 2027 annual meeting, whichever is earlier
Key Terms
Deferred restricted stock units, vest in full, change in control, separation from service, +1 more
5 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.
vest in full financial
"The DRSUs will vest in full on the earlier of June 26, 2027, or the Company's 2027 annual meeting"
change in control financial
"Settlement of the DRSUs has been deferred until the Reporting Person's 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 or the earliest to occur"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.