Versant Media director awarded 5,119 stock units
Condon Creighton reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Condon Creighton reported acquisition or exercise transactions in this Form 4 filing.
Versant Media Group, Inc. director Condon Creighton received a grant of 5,119 deferred restricted stock units (DRSUs) tied to Class A Common Stock at a reference price of $36.14 per share. Following this award, his directly held and deferred equity position reported in this filing totals 7,497 shares or units.
The DRSUs vest in full on the earlier of June 26, 2027, or the company’s 2027 annual meeting of shareholders. Settlement of these units into Class A Common Stock is deferred until Creighton’s separation from service or the earliest of a change in control, death, or disability, making this a compensation-related, non‑market transaction rather than an open‑market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 5,119 shares
Grant/Award
1 txn
Insider
Condon Creighton
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,119 | $36.14 | $185K |
Holdings After Transaction:
Class A Common Stock — 7,497 shares (Direct)
Footnotes (1)
- F1. Represents deferred restricted stock units ("DRSUs"). Each DRSU represents a contingent right to receive one share of Class A Common Stock. The DRSUs will vest in full on the earlier of June 26, 2027, or the Company's 2027 annual meeting of shareholders. Settlement of the DRSUs has been deferred until the Reporting Person's separation from service or the earliest to occur of (i) a change in control, (ii) the Reporting Person's death, or (iii) the Reporting Person's disability.
Key Figures
DRSU grant size: 5,119 units
Grant reference price: $36.14 per share
Holdings after transaction: 7,497 shares/units
+2 more
5 metrics
DRSU grant size
5,119 units
Deferred restricted stock units awarded to director on June 26, 2026
Grant reference price
$36.14 per share
Price per share reported for the Class A Common Stock-linked DRSUs
Holdings after transaction
7,497 shares/units
Total direct and deferred equity position reported after the award
Vesting date trigger
June 26, 2027
DRSUs vest on this date or at the 2027 annual meeting, whichever is earlier
Settlement triggers
Separation, change in control, death, disability
Events that cause DRSUs to settle into Class A Common Stock
Key Terms
deferred restricted stock units, Class A Common Stock, change in control, separation from service
4 terms
deferred restricted stock units financial
"Represents deferred restricted stock units ("DRSUs"). Each DRSU represents a contingent right to receive one share..."
Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.
Class A Common Stock financial
"Each DRSU represents a contingent right to receive one share of 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.
change in control financial
"the earliest to occur of (i) a change in control, (ii) the Reporting Person's death..."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
separation from service financial
"Settlement of the DRSUs has been deferred until the Reporting Person's separation from service or the earliest to occur of..."
FAQ
What insider transaction did Versant Media Group (VSNT) report for Condon Creighton?
Condon Creighton received 5,119 deferred restricted stock units (DRSUs). These units are tied to Versant Media’s Class A Common Stock at $36.14 per share, increasing his reported direct and deferred holdings to 7,497 shares or units after the award.
Is the Versant Media (VSNT) Form 4 transaction a stock purchase or a compensation grant?
The Form 4 reflects a compensation-related grant, not an open-market stock purchase. Creighton was awarded 5,119 deferred restricted stock units, classified as a grant or award acquisition, with no indication of open-market buying or selling activity in this filing.
When do Condon Creighton’s 5,119 DRSUs at Versant Media (VSNT) vest?
The 5,119 deferred restricted stock units vest in full in 2027. Vesting occurs on the earlier of June 26, 2027, or Versant Media’s 2027 annual meeting of shareholders, after which settlement remains deferred until specific separation or change events.
What is the reference price for Condon Creighton’s 5,119 Versant Media (VSNT) DRSUs?
The grant is reported at a reference price of $36.14 per share. This price applies to the 5,119 deferred restricted stock units tied to Versant Media’s Class A Common Stock disclosed in the Form 4 transaction details.
AI-generated analysis. How Rhea-AI works. Not financial advice.
