Scripps Elizabeth 4
Research Summary
AI-generated summary
E.W. Scripps (SSP) 10% Owner Elizabeth Scripps Buys 3,077 Shares
What Happened
Elizabeth Scripps, a reported >10% owner of E.W. Scripps Co. (SSP), acquired 3,077 Class A common shares on March 6, 2026. The filing lists a weighted-average purchase price of $4.64 per share for a total reported cost of $14,287. This was a purchase (acquisition), which many investors view as a more informative signal than routine sales, though no motives are stated.
Key Details
- Transaction date: March 6, 2026 (reported on Form 4 filed March 10, 2026).
- Price: $4.64 per share (weighted-average). Footnote says trades occurred across a range of $4.46 to $4.775; the filer can provide per-trade breakdown on request.
- Shares acquired: 3,077; total reported value ≈ $14,287.
- Shares owned after transaction: Not specified in the Form 4 provided.
- Footnotes/remarks: Reporting person may be deemed to beneficially own >10% of Class A shares as a party to the Second Amended and Restated Scripps Family Agreement; Schedule 13D was filed/amended (last amended Mar 9, 2026).
- Timeliness: Transaction occurred 3/6/2026 and the Form 4 was filed 3/10/2026 (4 days later); Form 4s are generally due within two business days, so this filing appears later than typical.
Context
This trade comes from a reported 10% owner (a family/controlling shareholder group), not necessarily a company executive. Purchases by large shareholders can reflect portfolio adjustments or group decisions under the family agreement; filings and the Schedule 13D provide additional context on collective holdings. The Form 4 supplies facts only — it does not state the purchaser’s intent.