Granado Geraldine Scripps 4

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.