Scripps Eaton M 4
4 · E.W. SCRIPPS Co · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
E.W. Scripps (SSP) 10% Owner Eaton Buys 58,983 Shares
What Happened
Scripps Eaton M, listed as a greater‑than‑10% owner via the Scripps Family Agreement, made two open‑market purchases of E.W. Scripps Co. (SSP) Class A common shares. On 2026-03-04 Eaton acquired 27,990 shares at an average price of $4.17 for about $116,771, and on 2026-03-05 Eaton acquired 30,993 shares at an average price of $4.43 for about $137,169 — a combined 58,983 shares costing roughly $253,940. These transactions are purchases (code P), which are often viewed as more informative than routine sales.
Key Details
- Transaction dates and prices:
- 2026-03-04: 27,990 shares @ $4.17 (≈ $116,771)
- 2026-03-05: 30,993 shares @ $4.43 (≈ $137,169)
- Total shares acquired: 58,983; total cash spent: ≈ $253,940.
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
- Footnotes: The filing includes weighted‑average price footnotes indicating underlying multiple transaction prices/ranges and that the reporting person will provide full breakdowns on request.
- Timeliness: Report filed 2026-03-06 for trades on 2026-03-04 and 03-05 — appears filed within the typical two‑business‑day window for Form 4s.
- Ownership context: Eaton may be deemed to beneficially own >10% of Class A shares as a party to the Second Amended and Restated Scripps Family Agreement; a Schedule 13D was on file and last amended Feb 6, 2026.
Context
This filing reports straight purchases (no option exercises, gifts, or immediate sell‑offs disclosed). Because Eaton is a 10% owner via a family agreement, these trades reflect activity by a significant shareholder group rather than necessarily an executive insider. As always, purchases show direct investment but do not by themselves prove future company performance.
Insider Transaction Report
- Purchase
Class A Common Shares, $.01 par value per share
[F1]2026-03-04$4.17/sh+27,990$116,771→ 1,316,175 total - Purchase
Class A Common Shares, $.01 par value per share
[F2]2026-03-05$4.43/sh+30,993$137,169→ 1,347,168 total
- 615,317
Common Voting Shares, $.01 par value per share
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.845 to $4.315, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.15 to $4.49, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes to this Form 4.