E.W. SCRIPPS Co·4

May 6, 7:26 AM ET

HAYDEN JOHN W 4

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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.