Heidt Austin S 4
Research Summary
AI-generated summary
E.W. Scripps (SSP) 10% Owner Austin S. Heidt Buys 4,000 Shares
What Happened
- Austin S. Heidt, a party that may be deemed to beneficially own more than 10% of E.W. Scripps Co. (SSP) under the Scripps Family Agreement, purchased 4,000 shares on March 10, 2026. The reported weighted-average price was $4.48 per share, for a total reported acquisition value of $17,923. This transaction is coded P (purchase).
Key Details
- Transaction date: 2026-03-10; Form 4 filed: 2026-03-11 (timely filing shown).
- Reported price: weighted average $4.48 per share; footnote says trades ranged from $4.425 to $4.525 and the filer can provide a breakdown on request.
- Shares acquired: 4,000; total reported value: $17,923.
- Shares owned after transaction: not specified in the provided excerpt of the Form 4.
- Ownership note: Heidt may be deemed to beneficially own more than 10% of Class A common shares as a party to the Second Amended and Restated Scripps Family Agreement (filed Schedule 13D, last amended Mar 9, 2026).
Context
- Code P indicates a straightforward purchase (open market or private buy). Purchases by large/10% holders can be informative to investors, but do not by themselves explain intent. No option exercises, gifts, or tax-withholding events were reported in this filing.