Granado Manuel E. 4
Research Summary
AI-generated summary
E.W. Scripps (SSP) 10% Owner Manuel E. Granado Buys 10,000 Shares
What Happened
- Manuel E. Granado (reported as a >10% owner via the Scripps Family Agreement) acquired 10,000 shares of E.W. Scripps Co. (SSP) on March 10, 2026. The reported weighted-average price was $4.46 per share, for a total purchase value of $44,595. Transaction code P indicates a purchase (open-market or private).
Key Details
- Transaction date: 2026-03-10; Form 4 filed 2026-03-11 (timely filing).
- Reported price: weighted average $4.46; footnote states actual trade prices ranged from $4.415 to $4.475 across multiple transactions.
- Shares acquired: 10,000; total reported cost: $44,595.
- Shares owned after transaction: not specified on this Form 4 (the filing notes beneficial ownership >10% due to the Scripps Family Agreement).
- Notable: reporting person is part of a family agreement (Second Amended and Restated Scripps Family Agreement) that collectively controls >10% of Class A shares; a Schedule 13D was filed and last amended March 9, 2026.
Context
- This was a straightforward purchase by a large (10%+) shareholder group member; purchases can be seen as a direct investment but do not prove motive. The footnote clarifies the reported price is a weighted average across several trades.