Granado Geraldine Scripps 4
4 · E.W. SCRIPPS Co · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
E.W. Scripps (SSP) 10% Owner Geraldine Granado Buys Stock
What Happened
Geraldine S. Granado (listed in the filing as "Granado Geraldine Scripps"), a party that may be deemed to beneficially own more than 10% of E.W. Scripps Co (SSP) via the Scripps Family Agreement, made two open‑market purchases of Company shares. On 2026-03-09 she acquired 13,705 shares at $4.43 each for $60,758, and on 2026-03-10 she acquired 8,399 shares at $4.59 each for $38,574 — about 22,104 shares total for ~$99,332. These were purchases (not sales), which are generally treated as a more informative signal than routine sell transactions.
Key Details
- Transaction type: Open-market purchases (Code P) on 2026-03-09 and 2026-03-10.
- Prices & amounts: 13,705 @ $4.43 = $60,758; 8,399 @ $4.59 = $38,574; total ≈ $99,332.
- Footnotes: The filing notes reported prices are weighted averages across multiple trades; component trade prices ranged roughly $4.25–$4.76 and $4.41–$4.75. The reporting person can provide the breakdown on request.
- Ownership status: The filer may be deemed a >10% owner under the Second Amended and Restated Scripps Family Agreement (filed via Schedule 13D, last amended Mar 9, 2026). This is institutional/family ownership rather than a typical executive trade.
- Filing timeliness: Form 4 was filed on 2026-03-11 for transactions on 2026-03-09–03-10 — within the usual two-business-day reporting window (not marked late).
- Shares owned after transaction: Not specified in the provided excerpt of the Form 4.
Context
- Because Granado is connected to a family agreement that pools voting/convertible shares and is reported on a Schedule 13D, these purchases should be viewed in the context of significant family/institutional ownership rather than routine insider compensation or option exercises.
- Purchases by large shareholders can signal an increased stake but do not by themselves explain motivation; they are factual disclosures required by the SEC.
Insider Transaction Report
- Purchase
Class A Common Shares, $.01 par value per share
[F1]2026-03-09$4.43/sh+13,705$60,758→ 63,705 total - Purchase
Class A Common Shares, $.01 par value per share
[F2]2026-03-10$4.59/sh+8,399$38,574→ 72,104 total
- 116
Common Voting Shares, $.01 par value per share
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.25 to $4.76, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.41 to $4.75, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes to this Form 4.