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.
Positive
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Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 11,656 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 4,045 | $0.00 | -- |
Footnotes (1)
- On January 2, 2026, Comcast Corporation ("Comcast") completed a pro-rata spinoff distribution ("Distribution") of all of its shares of Versant Media Group, Inc. ("Versant") Class A common stock, par value $0.01 per share ("Versant Class A Common Stock") and Versant Class B common stock, par value $0.01 per share ("Versant Class B Common Stock") to the holders of record of Comcast Class A common stock, par value $0.01 per share ("Comcast Class A Common Stock") and Comcast Class B common stock, par value $0.01 per share ("Comcast Class B Common Stock"), respectively, as of December 16, 2025, the record date for the Distribution ("Record Date"). In connection with the Distribution, pursuant to (i) the terms of the Employee Matters Agreement, dated as of January 2, 2026, by and between Comcast and Versant ("EMA") and (ii) the anti-dilution adjustment provisions under the Comcast 2002 Restricted Stock Plan and Comcast 2023 Omnibus Equity Incentive Plan, certain restricted stock units with respect to Comcast Class A Common Stock ("Comcast RSUs") were equitably adjusted and converted into restricted stock units with respect to Versant Class A Common Stock ("Versant RSUs"), based on (i) the volume weighted average price of Comcast Class A Common Stock (adjusted based on the Distribution ratio) and Versant Class A Common Stock, in each case for the five trading-day period following January 2, 2026 (such adjustment, the "Equity Award Conversion"). Represents the grant of Versant RSUs upon the conversion of certain Comcast RSUs held by the Reporting Person as of January 2, 2026 pursuant to the Equity Award Conversion. The Versant RSUs were granted pursuant to the Versant Omnibus Equity Incentive Plan ("Versant Plan") and are generally subject to the same terms and conditions as applicable to the corresponding Comcast RSUs. This amount includes shares of Versant Class A Common Stock received by the Reporting Person in connection with the Distribution in respect of shares of Comcast Class A Common Stock held as of the Record Date. Represents the grant of a Versant RSU award ("Founder's Grant") under the Versant Plan to the Reporting Person on January 9, 2026. The Founder's Grant will vest in full on the third anniversary of the date of grant, subject to the Reporting Person's continued employment through such date.
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.