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Versant Media Group (VSNT) CFO gets 108,784-share RSU grant and holding fix

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Versant Media Group, Inc. reported that CFO and COO Anand Kini acquired 108,784 shares of Class A Common Stock through a grant of restricted stock units on March 5, 2026. These RSUs vest in three equal annual installments on each of the first three anniversaries of the grant date, conditioned on continued service with the company.

Following this award and an adjustment to correct a prior overreporting of three converted RSUs related to Comcast Corporation’s pro-rata spin-off distribution of Versant Class A Common Stock, Kini now holds 415,335 shares directly.

Positive

  • None.

Negative

  • None.
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*
Kini Anand

(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)
CFO and COO
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) 108,784 A (1) 415,335(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 three (3) adjusted and converted RSUs 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 Media Group (VSNT) report for Anand Kini?

Versant Media Group reported that CFO and COO Anand Kini received a grant of 108,784 restricted stock units tied to Class A Common Stock on March 5, 2026. This non-cash award increased his directly held shares to 415,335 after related adjustments.

How do Anand Kini’s new Versant (VSNT) RSUs vest over time?

Anand Kini’s 108,784 restricted stock units vest ratably over three years. One-third of the RSUs vests on each of the first three anniversaries of the March 5, 2026 grant date, provided he continues his service with Versant Media Group during that period.

What is Anand Kini’s total Versant (VSNT) share ownership after this Form 4?

After the March 5, 2026 grant and a small correction for prior overreporting, Anand Kini directly holds 415,335 shares of Versant Class A Common Stock. This figure reflects both the new RSU award and the three-share adjustment disclosed in the footnotes.

Was Anand Kini’s Versant (VSNT) Form 4 transaction a purchase or a grant?

The Form 4 describes a grant or award acquisition, not an open-market purchase. Kini received 108,784 restricted stock units at a stated price of $0.0000 per share under the Versant Omnibus Equity Incentive Plan, as part of his compensation package.

Why were Anand Kini’s Versant (VSNT) holdings adjusted by three RSUs?

His total holdings were adjusted to correct an overreporting of three adjusted and converted RSUs. These RSUs were received in connection with Comcast Corporation’s pro-rata spin-off distribution of Versant Class A Common Stock, and the correction is reflected in the updated share total.
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