SHEEHAN KEVIN M 4

What Happened Kevin M. Sheehan, a director of USA TODAY Co. (TDAY), received 16,046 shares on June 2, 2026 when restricted stock units (RSUs) immediately vested and converted one-for-one into common stock. The reported acquisition price is $0.00 (award/vesting); using the June 2 closing price of $7.79 per share, the shares were worth about $124,998 (~$125,000). This was an award/vesting event, not an open-market purchase or sale.

Key Details

• Transaction date: June 2, 2026; Form 4 filed June 3, 2026 (timely).
• Transaction type/code: A — Grant/Award (RSUs that vested and converted).
• Shares acquired: 16,046; acquisition price reported as $0.00.
• Implied market value at close (6/2/26): $7.79 per share; total ≈ $124,998.
• Footnote: RSUs vested and converted one-for-one under the Issuer's 2023 Stock Incentive Plan; transaction exempt under Rule 16b-3.
• Shares owned after transaction: Not disclosed in this filing.
• No tax withholding, sale, 10b5-1 plan, or late filing indicated.

Context This was a routine director compensation event (RSU vesting → common stock), which is recorded as an acquisition for reporting purposes. Such awards reflect compensation, not a market purchase decision, and do not by themselves indicate an insider view about the company's near-term stock prospects.