HAYDEN JOHN W 4
4 · E.W. SCRIPPS Co · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
E.W. Scripps (SSP) Director John W. Hayden Converts RSUs
What Happened
John W. Hayden, a director of E.W. Scripps Co. (SSP), recorded conversions/derivative transactions and a restricted stock unit (RSU) award. The filing shows: a conversion/exercise-type entry for 90,673 shares on 2026-05-05 (acquired at $0.00 and also reported disposed at $0.00) and an award of 49,575 RSUs on 2026-05-04 (acquired at $0.00). The reported price for these transactions is $0.00, so no cash consideration is shown.
Key Details
- Transaction dates: 2026-05-04 (award of 49,575 RSUs) and 2026-05-05 (conversion/exercise entries for 90,673 shares).
- Prices reported: $0.00 for all items (conversions/awards), total cash value shown = $0.
- Shares owned after transaction: Not specified in this Form 4.
- Footnotes in the filing:
- F1: The conversion reflects restricted stock units converting into Class A common shares.
- F2: The 49,575 RSU award will vest in 2027; each RSU converts 1:1 into a Class A share upon vesting.
- F3: Directors may defer fees into a phantom stock fund under the company’s director deferred compensation plan; balances can be paid in shares or cash when a director leaves the board.
- Timeliness: Report period is 2026-05-04 and the Form 4 was filed 2026-05-06 — no late filing indicated.
Context
These were not open-market purchases or sales. The filings reflect conversion of RSUs/derivative or phantom-share balances into company shares and the grant of RSUs that vest in 2027. Conversions and RSU grants are common compensation actions for insiders and do not by themselves indicate a buy/sell sentiment in the open market.
Insider Transaction Report
- Exercise/Conversion
Class A Common Shares, $.01 par value per share
[F1]2026-05-05+90,673→ 249,534.848 total - Exercise/Conversion
Restricted Stock Units
2026-05-05−90,673→ 0 totalExercise: $0.00From: 2026-05-05Exp: 2026-05-05→ Class A Common Shares (0 underlying) - Award
Restricted Stock Units
[F2]2026-05-04+49,575→ 49,575 totalExercise: $0.00From: 2027-05-04Exp: 2027-05-04→ Class A Common Shares (0 underlying)
- 0
Common Voting Shares, $.01 par value per share
- 86,313.98
Phantom Stock
[F3]→ Class A Common (86,313.98 underlying)
Footnotes (3)
- [F1]This transaction reflects the conversion of restricted stock units into Class A Common Shares.
- [F2]This restricted stock unit award will vest in 2027. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.
- [F3]Pursuant to the company's 1997 Deferred Compensation and Stock Plan for Directors, directors may defer fees into a phantom stock fund. Under this plan, fees are allocated to a phantom shares account based on the fair market value of the company's Class A Common Shares on the last trading day of each quarter. Balances are paid in either shares or cash at the time a director leaves the Board.