Versant Media (VSNT) CAO has shares withheld to cover RSU taxes

Rhea-AI Filing Summary

Versant Media Group, Inc. Chief Accounting Officer Gregory Michael Wright reported a routine tax-related share disposition. On April 3, 2026, 495 shares of Class A Common Stock were withheld by the company to cover taxes due upon the vesting of restricted stock units, at a value of $37.43 per share. This was not an open-market sale, but an automatic tax-withholding mechanism. After this transaction, Wright directly holds 27,458 shares of Versant Media Group common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Wright Gregory Michael

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	495	$37.43	$19K

Holdings After Transaction: Class A Common Stock — 27,458 shares (Direct)

Footnotes (1)

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Key Figures

Tax-withheld shares: 495 shares Implied value per share: $37.43 per share Post-transaction holdings: 27,458 shares

3 metrics

Tax-withheld shares 495 shares Class A Common Stock withheld to cover RSU taxes

Implied value per share $37.43 per share Value used for tax-withholding disposition

Post-transaction holdings 27,458 shares Direct holdings after tax-withholding event

Key Terms

restricted stock units, tax-withholding disposition, Class A Common Stock

3 terms

restricted stock units financial

"to cover taxes due upon vesting of restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Class A Common Stock financial

"security_title": "Class A Common Stock""

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Form 4 Insider Transactions: What Each Field Means →

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 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/03/2026

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	04/03/2026		F		495(1)	D	$37.43	27,458	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 shares withheld by the Issuer to cover taxes due upon vesting of restricted stock units.

Remarks:

	/s/ Jordan Fasbender, as attorney-in-fact	04/07/2026
	** 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)

FAQ

What insider transaction did Versant Media Group (VSNT) report for Gregory Michael Wright?

Versant Media Group reported that Chief Accounting Officer Gregory Michael Wright had 495 Class A shares withheld to cover taxes on vesting restricted stock units. This Form 4 event reflects an automatic tax-withholding disposition rather than an open-market stock sale.

Was the Versant Media Group (VSNT) Form 4 transaction an open-market sale?

No, the Form 4 transaction was not an open-market sale. 495 shares of Class A Common Stock were withheld by the issuer to pay taxes due on restricted stock unit vesting, a standard non-market mechanism often used for employee equity compensation.

How many Versant Media Group (VSNT) shares were involved in the tax-withholding event?

The filing shows 495 shares of Class A Common Stock were withheld at a value of $37.43 per share. These shares were used to satisfy tax obligations arising from the vesting of restricted stock units granted to the Chief Accounting Officer.

How many Versant Media Group (VSNT) shares does Gregory Michael Wright hold after the Form 4 transaction?

After the tax-withholding transaction, Gregory Michael Wright directly holds 27,458 shares of Versant Media Group Class A Common Stock. This post-transaction balance reflects his continuing equity stake following the automatic share withholding for tax purposes.

What does the Form 4 footnote say about the Versant Media Group (VSNT) transaction?

The footnote explains that the reported shares represent stock withheld by Versant Media Group to cover taxes due upon vesting of restricted stock units. This clarifies that the disposition is a compensation-related tax payment, not a discretionary market trade by the insider.