Peirce Mary 4
Research Summary
AI-generated summary
E.W. Scripps (SSP) 10% Owner Mary Peirce Buys Shares
What Happened Mary Peirce, reported as a >10% owner of E.W. Scripps Co. (SSP) via the Scripps Family Agreement, made open-market purchases of company stock on March 9–10, 2026. She acquired 1,485 shares at $4.43 on Mar 9 (≈ $6,583) and 729 shares at $4.59 on Mar 10 (≈ $3,348), for a total of 2,214 shares costing about $9,931. These were purchases (a net buy), which many investors view as a more informative signal than routine sales.
Key Details
- Transaction type: Open-market purchases (Code P)
- Dates & prices:
- 2026-03-09: 1,485 shares @ $4.43 — $6,583
- 2026-03-10: 729 shares @ $4.59 — $3,348
- Total acquired: 2,214 shares for ≈ $9,931
- Shares owned after transaction: Not specified in the provided Form 4 excerpt
- Footnotes: F1 and F2 note weighted-average pricing disclosures for multiple sale transactions (price ranges $4.25–$4.76 and $4.41–$4.75); the reporting person can provide a breakdown on request
- Filing timeliness: Form 4 filed 2026-03-11 for trades on 2026-03-09 and 2026-03-10 (filed within the normal 2-business-day window)
Context Peirce’s status as a >10% owner stems from the Scripps Family Agreement (Second Amended and Restated, dated Mar 26, 2021), which governs collective voting of convertible shares; a Schedule 13D was originally filed Jan 24, 2013 and was last amended Mar 9, 2026. These purchases are straightforward open-market buys (no options, grants, or gifts reported), and the filing does not state post-transaction holdings in the excerpt provided.