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Versant (VSNT) awards CAO 12,238 RSUs vesting over three years

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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*
Wright Gregory Michael

(Last) (First) (Middle)
C/O VERSANT MEDIA GROUP, INC.
229 WEST 43RD STREET

(Street)
NEW YORK NY 10036

(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)
Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
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 03/05/2026 A(1) 12,238 A (1) 27,953(2) 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 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.
2. 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.
Remarks:
/s/ Jordan Fasbender, as attorney-in-fact 03/06/2026
** 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.

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.

How many Versant (VSNT) shares does the Chief Accounting Officer hold after this Form 4?

Following the RSU grant and a small correction, the Chief Accounting Officer is reported as holding 27,953 shares of Versant Class A Common Stock directly. This figure incorporates both the new equity award and the adjustment for a previously overreported single RSU.

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.

Did the Versant (VSNT) Form 4 involve a cash purchase or sale of shares?

No cash transaction occurred; the Form 4 reflects a grant of restricted stock units at a price of $0.0000 per share. This indicates stock-based compensation rather than an open-market buy or sell of Versant shares by the executive.

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.
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