Director Gerald Hassell receives 5,119 DRSUs at Versant Media (VSNT)

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

HASSELL GERALD L reported acquisition or exercise transactions in this Form 4 filing.

Versant Media Group, Inc. director Gerald L. Hassell received an equity award of 5,119 deferred restricted stock units (DRSUs) tied to Class A Common Stock, valued at $36.14 per unit. Following this award, he is reported as beneficially owning 17,799 shares or share-equivalents directly.

Each DRSU represents a contingent right to receive one share of Class A Common Stock. The units vest in full on the earlier of June 26, 2027 or the company’s 2027 annual meeting of shareholders, with settlement deferred until his separation from service or specified events such as change in control, death, or disability.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider HASSELL GERALD L

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 — 17,799 shares (Direct, null)

Footnotes (1)

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Key Figures

DRSU grant size: 5,119 units Grant reference price: $36.14 per unit Holdings after grant: 17,799 shares +1 more

4 metrics

DRSU grant size 5,119 units Deferred restricted stock units granted on June 26, 2026

Grant reference price $36.14 per unit Value per DRSU for this award

Holdings after grant 17,799 shares Total direct holdings following the reported transaction

Vesting date June 26, 2027 Full vesting or earlier 2027 annual shareholder meeting

Key Terms

deferred restricted stock units, contingent right, vest in full, change in control

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.

contingent right financial

"Each DRSU represents a contingent right to receive one share of Class A Common Stock"

vest in full financial

"The DRSUs will vest in full on the earlier of June 26, 2027, or the Company's 2027 annual meeting"

change in control financial

"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"

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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/29/2026 - 05:11 PM Accepted by SEC EDGAR 06/29/2026 - 05:11 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^*

HASSELL GERALD L

(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)

X	Director	10% 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)

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	06/26/2026		A		5,119⁽¹⁾	A	$36.14	17,799	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 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-Fact	06/29/2026
	** 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 Group (VSNT) report for Gerald L. Hassell?

Versant Media Group reported that director Gerald L. Hassell received 5,119 deferred restricted stock units. Each unit represents a contingent right to one share of Class A Common Stock, granted at a reference value of $36.14 per unit as director compensation.

How many Versant Media Group (VSNT) shares does Gerald L. Hassell hold after this Form 4?

After this award, Gerald L. Hassell is shown holding 17,799 shares or share-equivalents of Versant Media Group Class A Common Stock directly. This figure includes the newly granted 5,119 deferred restricted stock units reported in the Form 4 filing.

When do Gerald L. Hassell’s Versant Media Group (VSNT) DRSUs vest?

The 5,119 deferred restricted stock units vest in full on the earlier of June 26, 2027 or Versant Media Group’s 2027 annual meeting of shareholders. Vesting must occur before the units can ultimately be settled into Class A Common Stock.

When will Gerald L. Hassell receive Versant Media Group (VSNT) shares from his DRSUs?

Settlement of the DRSUs into Class A shares is deferred until Gerald L. Hassell’s separation from service, or the earliest of a change in control of the company, his death, or his disability, as described in the Form 4 footnote.

Is Gerald L. Hassell’s Versant Media Group (VSNT) Form 4 a purchase or a compensation grant?

The Form 4 reflects a compensation-related grant, not an open-market purchase. The transaction is coded “A” for grant, award, or other acquisition, indicating 5,119 deferred restricted stock units awarded as part of director compensation rather than bought in the market.