Versant Media (VSNT) GC covers RSU tax bill with 3,720 shares

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Versant Media Group, Inc. General Counsel and Corporate Secretary Fasbender Jordan had 3,720 shares of Class A Common Stock withheld by the company at $40.83 per share to cover taxes due upon the vesting of RSUs. This was a tax-withholding disposition rather than an open-market sale. After this transaction, Jordan directly holds 80,408 shares of Versant Media Group stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Fasbender Jordan

Role General Counsel & Corp. Sec.

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	3,720	$40.83	$152K

Holdings After Transaction: Class A Common Stock — 80,408 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 3,720 shares Withholding price per share: $40.83 per share Shares held after transaction: 80,408 shares

3 metrics

Shares withheld for taxes 3,720 shares Withheld to cover RSU vesting taxes

Withholding price per share $40.83 per share Valuation used for tax-withholding disposition

Shares held after transaction 80,408 shares Direct holdings after tax-withholding

Key Terms

RSUs, tax-withholding disposition, Class A Common Stock

3 terms

RSUs financial

"to cover taxes due upon vesting of the RSUs"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

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 →

05/05/2026 - 04:31 PM

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^*

Fasbender Jordan

(Last)

(First)

(Middle)

C/O VERSANT MEDIA GROUP, INC.

229 WEST 43RD STREET

(Street)

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)
	General Counsel & Corp. Sec.

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/02/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	05/02/2026		F⁽¹⁾		3,720	D	$40.83	80,408	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents 3,720 shares were withheld by the Issuer to cover taxes due upon vesting of the RSUs.

Remarks:

	/s/ Jordan R. Fasbender	05/05/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Versant Media (VSNT) report for Fasbender Jordan?

Versant Media reported a tax-withholding disposition for Fasbender Jordan, where 3,720 Class A Common shares were withheld to cover RSU vesting taxes. This was not an open-market sale but a routine mechanism tied to restricted stock unit compensation.

How many Versant Media (VSNT) shares were withheld for taxes in this Form 4?

A total of 3,720 Versant Media Class A Common Stock shares were withheld. The issuer used these shares to satisfy taxes owed upon RSU vesting, a common practice that avoids the executive paying the tax obligation in cash at vesting.

At what price were the withheld Versant Media (VSNT) shares valued?

The shares withheld for Fasbender Jordan’s tax obligation were valued at $40.83 per share. This price is used in the Form 4 to calculate the value of the tax-withholding transaction associated with the vesting of restricted stock units.

How many Versant Media (VSNT) shares does Fasbender Jordan own after the transaction?

After the tax-withholding disposition of 3,720 shares, Fasbender Jordan directly holds 80,408 shares of Versant Media Class A Common Stock. This figure reflects his ongoing equity stake following the RSU vesting-related tax settlement reported in the Form 4.

Was the Versant Media (VSNT) insider transaction an open-market sale?

No, the transaction was not an open-market sale. It was coded as a tax-withholding disposition, where the issuer withheld 3,720 shares to pay taxes due at RSU vesting, a standard administrative step rather than a discretionary sale in the market.

What role does Fasbender Jordan hold at Versant Media (VSNT)?

Fasbender Jordan serves as General Counsel and Corporate Secretary at Versant Media Group, Inc. The reported Form 4 transaction relates to his equity compensation, specifically restricted stock units that vested and triggered a tax-withholding share disposition.