STOCK TITAN

Director at Versant Media (VSNT) receives 5,119 deferred stock units

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

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 Condon Creighton
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 — 7,497 shares (Direct, null)
Footnotes (1)
  1. [object Object]
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
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..."
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Condon Creighton

(Last)(First)(Middle)
C/O VERSANT MEDIA GROUP, INC.
229 WEST 43RD STREET

(Street)
NEW YORK 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/26/2026A5,119(1)A$36.147,497D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
/s/ Jordan R. Fasbender, as Attorney-in-Fact06/29/2026
** Signature of Reporting PersonDate
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)

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.

Under what conditions will Versant Media (VSNT) DRSUs be settled into shares?

The DRSUs settle into Class A Common Stock only upon certain future events. Settlement is deferred until Creighton’s separation from service or the earliest of a change in control, his death, or his disability, according to the Form 4 footnote.

How many Versant Media (VSNT) shares or units does Condon Creighton hold after this Form 4 grant?

After the grant, Creighton’s reported direct and deferred holdings total 7,497 shares or units. This figure includes the newly awarded 5,119 deferred restricted stock units linked to Class A Common Stock reported in the transaction.

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.