Versant Media Group (NASDAQ: VSNT) director equity grant details
Rhea-AI Filing Summary
Versant Media Group, Inc. director Leonard Potter reported a new equity award in the company. On January 9, 2026, he acquired 2,378 shares of Versant Class A common stock in a transaction coded "A," indicating an award rather than a market purchase, at a reported price of $0.00 per share. Following this grant, he beneficially owns 2,378 Class A shares directly.
According to the footnotes, this award is in the form of restricted stock units granted in connection with his appointment as a non-employee director under the Versant Omnibus Equity Incentive Plan. These RSUs will vest in full on the date of the next regularly scheduled annual general meeting of Versant shareholders, as long as he continues to serve as a non-employee director through that date. A separate footnote explains that Versant was recently spun off from Comcast Corporation through a pro-rata distribution completed on January 2, 2026.
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FAQ
What insider transaction did Versant Media Group (VSNT) report for Leonard Potter?
Versant Media Group reported that director Leonard Potter acquired 2,378 shares of Versant Class A common stock on January 9, 2026 in a coded "A" transaction, indicating an equity award rather than an open-market trade.
How many Versant (VSNT) shares does Leonard Potter own after this Form 4 transaction?
After the reported transaction, Leonard Potter beneficially owns 2,378 shares of Versant Class A common stock, held in direct ownership.
Was Leonard Potter’s Versant (VSNT) share acquisition a purchase or an award?
The filing lists the transaction code as "A" and a price of $0.00 per share, and the footnotes describe a grant of restricted stock units (Versant RSUs), indicating this was an equity award tied to his board service, not an open-market purchase.
What are the vesting terms of Leonard Potter’s Versant restricted stock units?
The footnote states that the Versant RSUs will vest in full on the date of the next regularly scheduled annual general meeting of Versant shareholders following the grant date, provided he continues to serve as a non-employee director through that date.
Why did Versant Media Group (VSNT) mention Comcast in this Form 4?
A footnote explains that on January 2, 2026, Comcast Corporation completed a pro-rata spinoff distribution of all its shares of Versant Class A and Class B common stock to Comcast shareholders of record as of December 16, 2025.
What role does Leonard Potter hold at Versant Media Group (VSNT)?
The Form 4 identifies Leonard Potter as a director of Versant Media Group, Inc. and notes that the restricted stock unit grant was made in connection with his appointment as a non-employee director on the board.