Director at Versant Media Group (VSNT) granted 5,119 RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Conway Michael Aaron reported acquisition or exercise transactions in this Form 4 filing.
Versant Media Group, Inc. director Michael Aaron Conway reported an equity award of restricted stock units representing 5,119 shares of Class A Common Stock at a reference price of $36.14 per share. These RSUs vest in full on the earlier of June 26, 2027 or the company’s annual meeting of shareholders, conditioned on his continued service as a non-employee director through that date. Following this grant, Conway holds 8,847 shares of Class A Common Stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Conway Michael Aaron
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,119 | $36.14 | $185K |
Holdings After Transaction:
Class A Common Stock — 8,847 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 5,119 shares
Reference share price: $36.14 per share
Post-transaction holdings: 8,847 shares
+1 more
4 metrics
RSU grant size
5,119 shares
Restricted stock units tied to Class A Common Stock
Reference share price
$36.14 per share
Price associated with RSU grant
Post-transaction holdings
8,847 shares
Total Class A Common Stock held directly after grant
RSU vesting date
June 26, 2027
Full vesting or earlier at annual shareholder meeting
Key Terms
restricted stock units, Class A Common Stock, non-employee director
3 terms
restricted stock units financial
"Represents the grant of restricted stock units with respect to shares of Versant Class A Common Stock ("RSUs")."
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.
Class A Common Stock financial
"Represents the grant of restricted stock units with respect to shares of Versant Class A Common Stock ("RSUs")."
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.
non-employee director financial
"subject to the Reporting Person's continued service as a non-employee director through such date."
FAQ
What insider transaction did Versant Media Group (VSNT) report for Michael Aaron Conway?
Versant Media Group reported that director Michael Aaron Conway received a grant of 5,119 restricted stock units tied to Class A Common Stock. This is a compensation-related equity award, not an open-market purchase or sale, and increases his direct holdings.
What are the vesting terms of the RSUs reported for Versant Media Group (VSNT)?
The restricted stock units vest in full on the earlier of June 26, 2027, or Versant Media Group’s next annual meeting of shareholders. Vesting requires Conway’s continued service as a non-employee director through that date, aligning the award with ongoing board service.
Was the Versant Media Group (VSNT) Form 4 a stock purchase or sale?
The Form 4 does not show a stock purchase or sale in the market. Instead, it reports an acquisition coded as a grant or award of 5,119 restricted stock units, a standard equity compensation transaction rather than an open-market trade.