Steib Michael F 4
4 · TEGNA INC · Filed Mar 4, 2025
Insider Transaction Report
Form 4
TEGNA INCTGNA
Steib Michael F
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2025-02-28+77,399.5→ 77,399.5 total - Tax Payment
Common Stock
2025-02-28$18.20/sh−40,013.446$728,245→ 37,386.054 total - Exercise/Conversion
Restricted Stock Units
2025-02-28−77,399.5→ 232,198.5 total→ Common Stock (77,399.5 underlying) - Award
Restricted Stock Units
2025-03-01+114,571→ 114,571 total→ Common Stock (114,571 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the underlying common stock.
- [F2]Represents shares of common stock withheld to satisfy the reporting person's tax obligation upon the vesting of restricted stock units and the corresponding acquisition of shares of common stock by the reporting person pursuant to the Issuer's 2020 Omnibus Incentive Compensation Plan.
- [F3]The restricted stock units vested as to 77,399.500 shares on February 28, 2025 and vest as to the remaining shares in three equal annual installments on each of February 28, 2026, February 28, 2027 and February 29, 2028. The corresponding shares of the Issuer's common stock (a) were delivered to the reporting person as to the applicable vested shares on March 1, 2025 and (b) following vesting and unless delivered earlier following a termination of employment of the reporting person or a change in control of the Issuer, will be delivered to the reporting person in three equal annual installments beginning on March 1, 2026.
- [F4]The restricted stock units vest in four equal annual installments on each of February 28, 2026, February 28, 2027, February 29, 2028 and February 28, 2029 and, unless delivered earlier following a termination of employment of the reporting person or a change in control of the Issuer, will be delivered to the reporting person in four equal annual installments beginning on March 1, 2026.