Sanchez Vanessa L. 4
Research Summary
AI-generated summary
E.W. Scripps (SSP) 10% Owner Vanessa Sanchez Buys 11,052 Shares
What Happened
- Vanessa L. Sanchez, a reported >10% owner of E.W. Scripps Co (SSP) via the Scripps Family Agreement, made two open-market purchases (transaction code P): 6,852 shares on 2026-03-09 at $4.43 each ($30,377) and 4,200 shares on 2026-03-10 at $4.59 each ($19,289). Total acquired: 11,052 shares for approximately $49,666. These were purchases (adds to her stake), which investors often view as more informative than routine sales.
Key Details
- Transaction dates and prices:
- 2026-03-09 — 6,852 shares @ $4.43 = $30,377
- 2026-03-10 — 4,200 shares @ $4.59 = $19,289
- Total acquired: 11,052 shares for ~$49,666.
- Shares owned after transaction: Not specified in this Form 4.
- Footnotes: The filing includes footnotes (F1, F2) about weighted-average prices and that related shares were sold in multiple transactions across specified price ranges; the reporting person will provide a detailed breakdown on request. (These footnotes reference how prices were reported.)
- Filing/timeliness: Form filed 2026-03-11 covering transactions through 2026-03-10; no late-filing indication in the record provided.
- Transaction code: P = Purchase (open market/private purchase).
Context
- Sanchez is listed as a >10% owner through the Second Amended and Restated Scripps Family Agreement (collective voting of convertible common voting shares). This indicates family/institutional ownership structure rather than a routine executive trade. The filer also maintains a Schedule 13D (originally filed Jan 24, 2013, last amended Mar 9, 2026), which provides more detail on the group’s holdings and voting arrangements.