Versant Media Group (VSNT) CAO awarded 15,716 RSU shares after spinoff
Rhea-AI Filing Summary
Versant Media Group, Inc. Chief Accounting Officer Gregory Michael Wright reported stock acquisitions related to Comcast’s spinoff of Versant and new equity awards. On January 9, 2026, he acquired 11,656 shares of Versant Class A common stock at no cost through the conversion of Comcast restricted stock units into Versant restricted stock units under the Employee Matters Agreement and equity award conversion mechanics tied to the January 2, 2026 distribution.
On the same date, he also received a 4,045-share Versant RSU “Founder’s Grant” under the Versant Omnibus Equity Incentive Plan, which will vest in full on the third anniversary of the grant date, subject to continued employment. Following these transactions, he directly beneficially owned 15,716 shares of Versant Class A common stock.
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FAQ
Who is the insider in this Versant Media Group (VSNT) Form 4 filing?
The insider is Gregory Michael Wright, who serves as Chief Accounting Officer of Versant Media Group, Inc. He filed the report as a single reporting person.
What transactions did Versant executive Gregory Wright report on January 9, 2026?
On January 9, 2026, Gregory Wright reported two acquisitions of Versant Class A common stock: 11,656 shares from the conversion of Comcast RSUs into Versant RSUs, and a separate 4,045-share Versant RSU founder grant, both at a reported price of $0.00 per share.
How many Versant Media Group shares does Gregory Wright own after these transactions?
After the reported acquisitions, Gregory Wright directly beneficially owned 15,716 shares of Versant Media Group, Inc. Class A common stock.
How is the Comcast spinoff related to the Versant shares reported in this Form 4?
Comcast completed a pro-rata spinoff distribution of all its Versant Class A and Class B common stock on January 2, 2026. In connection with this distribution, certain Comcast RSUs were equitably adjusted and converted into Versant RSUs, which resulted in Wright receiving 11,656 shares of Versant Class A common stock.
What are the terms of Gregory Wright’s 4,045-share Versant founder RSU grant?
The 4,045-share Versant RSU “Founder’s Grant” was awarded on January 9, 2026 under the Versant Omnibus Equity Incentive Plan. It will vest in full on the third anniversary of the grant date, subject to Wright’s continued employment through that date.
Did Gregory Wright sell any Versant Media Group shares in this Form 4?
No. All reported transactions have a transaction code “A” for acquired, at a price of $0.00 per share, reflecting stock received via RSU conversion and a new RSU grant rather than open-market sales.