4//SEC Filing
Wright Gregory Michael 4
Accession 0000950103-26-000389
CIK 0002067876other
Filed
Jan 11, 7:00 PM ET
Accepted
Jan 12, 6:06 PM ET
Size
9.0 KB
Accession
0000950103-26-000389
Insider Transaction Report
Form 4
Wright Gregory Michael
Chief Accounting Officer
Transactions
- Award
Class A Common Stock
[F1][F2][F3][F4]2026-01-09+11,656→ 11,671 total - Award
Class A Common Stock
[F5][F4]2026-01-09+4,045→ 15,716 total
Footnotes (5)
- [F1]On January 2, 2026, Comcast Corporation ("Comcast") completed a pro-rata spinoff distribution ("Distribution") of all of its shares of Versant Media Group, Inc. ("Versant") Class A common stock, par value $0.01 per share ("Versant Class A Common Stock") and Versant Class B common stock, par value $0.01 per share ("Versant Class B Common Stock") to the holders of record of Comcast Class A common stock, par value $0.01 per share ("Comcast Class A Common Stock") and Comcast Class B common stock, par value $0.01 per share ("Comcast Class B Common Stock"), respectively, as of December 16, 2025, the record date for the Distribution ("Record Date").
- [F2]In connection with the Distribution, pursuant to (i) the terms of the Employee Matters Agreement, dated as of January 2, 2026, by and between Comcast and Versant ("EMA") and (ii) the anti-dilution adjustment provisions under the Comcast 2002 Restricted Stock Plan and Comcast 2023 Omnibus Equity Incentive Plan, certain restricted stock units with respect to Comcast Class A Common Stock ("Comcast RSUs") were equitably adjusted and converted into restricted stock units with respect to Versant Class A Common Stock ("Versant RSUs"), based on (i) the volume weighted average price of Comcast Class A Common Stock (adjusted based on the Distribution ratio) and Versant Class A Common Stock, in each case for the five trading-day period following January 2, 2026 (such adjustment, the "Equity Award Conversion").
- [F3]Represents the grant of Versant RSUs upon the conversion of certain Comcast RSUs held by the Reporting Person as of January 2, 2026 pursuant to the Equity Award Conversion. The Versant RSUs were granted pursuant to the Versant Omnibus Equity Incentive Plan ("Versant Plan") and are generally subject to the same terms and conditions as applicable to the corresponding Comcast RSUs.
- [F4]This amount includes shares of Versant Class A Common Stock received by the Reporting Person in connection with the Distribution in respect of shares of Comcast Class A Common Stock held as of the Record Date.
- [F5]Represents the grant of a Versant RSU award ("Founder's Grant") under the Versant Plan to the Reporting Person on January 9, 2026. The Founder's Grant will vest in full on the third anniversary of the date of grant, subject to the Reporting Person's continued employment through such date.
Signature
/s/ Jordan Fasbender, as attorney-in-fact|2026-01-12
Documents
Issuer
Versant Media Group, Inc.
CIK 0002067876
Entity typeother
Related Parties
1- filerCIK 0002096507
Filing Metadata
- Form type
- 4
- Filed
- Jan 11, 7:00 PM ET
- Accepted
- Jan 12, 6:06 PM ET
- Size
- 9.0 KB