Versant (VSNT) awards CAO 12,238 RSUs vesting over three years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Versant Media Group, Inc. Chief Accounting Officer Gregory Michael Wright reported an equity award of 12,238 restricted stock units (RSUs) tied to Class A Common Stock, granted on March 5, 2026 under the Versant Omnibus Equity Incentive Plan. These RSUs vest in three equal installments on each of the first three anniversaries of the grant date, subject to his continued service with the company.
After this grant and a small correction, his direct holdings are reported as 27,953 shares of Class A Common Stock. The correction adjusted prior totals for an overreporting of one adjusted and converted RSU received in connection with Comcast Corporation’s pro-rata spinoff distribution of Versant Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wright Gregory Michael
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 12,238 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 27,953 shares (Direct)
Footnotes (1)
- Represents the grant of restricted stock units with respect to Versant Media Group, Inc. ("Versant") Class A Common Stock ("RSUs") under the Versant Omnibus Equity Incentive Plan to the Reporting Person on March 5, 2026 (the "Grant Date"). The RSUs shall vest ratably on each of the first three anniversaries of the Grant Date, subject to the Reporting Person's continued service with the Issuer. Total holdings have been adjusted to correct the overreporting of one (1) adjusted and converted RSU received by the Reporting Person in connection with Comcast Corporation's pro-rata spinoff distribution of Versant's Class A Common Stock.
FAQ
What insider transaction did Versant (VSNT) report for its Chief Accounting Officer?
Versant reported that its Chief Accounting Officer received 12,238 restricted stock units as an equity award. The RSUs relate to Class A Common Stock and were granted at no cash cost, reflecting stock-based compensation rather than an open-market purchase or sale.
What are the vesting terms of the 12,238 RSUs reported for Versant (VSNT)?
The 12,238 restricted stock units vest ratably over three years. They vest in equal portions on each of the first three anniversaries of the March 5, 2026 grant date, and vesting requires the executive’s continued service with Versant during that period.
Why were the Versant (VSNT) holdings of the Chief Accounting Officer adjusted by one RSU?
Total holdings were adjusted to correct overreporting of one adjusted and converted RSU. That RSU was originally received in connection with Comcast Corporation’s pro-rata spinoff distribution of Versant Class A Common Stock, and the correction aligns the reported total with actual holdings.