Granado Corina S. 4
Research Summary
AI-generated summary
E.W. Scripps (SSP) 10% Owner Corina Granado Buys 60,266 Shares
What Happened
- Corina S. Granado, reported as a >10% owner of E.W. Scripps Co. (SSP) via the Scripps Family Agreement, purchased 60,266 shares on 2026-03-05. The Form 4 reports a weighted-average price of $4.43 per share for a total reported value of $266,725. This transaction is coded as a purchase (P), i.e., an acquisition of shares.
Key Details
- Transaction date: 2026-03-05; Form 4 filed 2026-03-06 (filed the next day).
- Reported price: weighted average $4.43; footnote says actual trades ranged from $4.15 to $4.49.
- Shares acquired: 60,266 — total reported value ~$266,725.
- Shares owned after the transaction: not specified on the Form 4.
- Ownership note: Granado may be deemed to beneficially own >10% of Class A shares as a party to the Second Amended and Restated Scripps Family Agreement (March 26, 2021). A Schedule 13D was originally filed Jan 24, 2013 and last amended Feb 6, 2026.
- No indication on the form of a 10b5‑1 plan, tax withholding, or that the filing was late.
Context
- This was an outright purchase (open market/private purchase), which retail investors often view as a direct acquisition rather than an option exercise, and therefore potentially a stronger signal of interest by the insider. Because Granado is reported as a >10% owner through a family agreement, this is institutional/family-level ownership rather than a typical executive employment trade. The weighted-average price and reported range indicate the purchase occurred in multiple transactions.