Klenzing Margaret Scripps 4

What Happened
Margaret Klenzing, reported as a >10% owner of E.W. Scripps Co (SSP) via the Scripps Family Agreement, purchased 159,515 shares in an open-market transaction on March 6, 2026. The weighted average price reported was $4.64 per share, for a total cost of approximately $740,644. This was a purchase (insider acquisition), which investors often view as more informative than routine sales.

Key Details

• Transaction date: 2026-03-06 (filed Form 4 on 2026-03-10; filing appears timely).
• Reported price: weighted average $4.64; footnote indicates trades occurred across prices ranging $4.46–$4.775.
• Shares acquired: 159,515; total reported value ≈ $740,644.
• Shares owned after transaction: not specified in the provided excerpt; filing notes the reporting person may be deemed to beneficially own more than 10% of Class A shares under the Second Amended and Restated Scripps Family Agreement.
• Footnote: the price is a weighted average and the reporting person will provide per-trade breakdowns on request.
• Additional filing: the reporting person has a Schedule 13D on file (originally Jan 24, 2013; last amended Mar 9, 2026).

Context
The filing identifies Klenzing as part of a family agreement that governs collective voting of convertible common voting shares (aggregate >10% on an as-converted basis), so this transaction comes from a major family/institutional shareholder rather than necessarily from routine executive trading. No derivative activity, option exercises, gifts, or tax-withholding events are indicated in the supplied details.