Versant director granted 5,119 deferred stock units

Eun David reported acquisition or exercise transactions in this Form 4 filing.

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.

Insider Trade Summary

Grant/Award: 5,119 shares

Grant/Award 1 txn

Insider Eun David

Role Director

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)

Footnotes (1)

1. F1. Represents deferred restricted stock units ("DRSUs"). Each DRSU represents a contingent right to receive one share of Class A Common Stock. The DRSUs will vest in full on the earlier of June 26, 2027, or the Company's 2027 annual meeting of shareholders. 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, (ii) the Reporting Person's death, or (iii) the Reporting Person's disability.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/29/2026 - 05:12 PM EDT Learn about SEC filing dates

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^*

Eun David

(Last) (First) (Middle)

C/O VERSANT MEDIA GROUP, INC.

229 WEST 43RD STREET

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Versant Media Group, Inc. [ VSNT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/26/2026		A		5,119(1)	A	$36.14	7,497	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. Represents deferred restricted stock units ("DRSUs"). Each DRSU represents a contingent right to receive one share of Class A Common Stock. The DRSUs will vest in full on the earlier of June 26, 2027, or the Company's 2027 annual meeting of shareholders. 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, (ii) the Reporting Person's death, or (iii) the Reporting Person's disability.

Remarks:

	/s/ Jordan R. Fasbender, as Attorney-in-Fact	06/29/2026
	** 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.
* Form 4: SEC 1474 (03-26)