Heskett Julie 4

What Happened

• Julie Heskett, SVP and Chief Financial Officer of TEGNA, had her 2023 performance shares vest and convert into 12,080.934 shares on Feb 27, 2026. To satisfy tax withholding, 3,883.102 of those shares were withheld (reported as disposed) at a value of $20.95 per share, totaling $81,351. Separately, on Mar 1, 2026 she was granted 75,911 restricted stock units (RSUs) (reported as an award at $0.00).

Key Details

• Transaction dates: performance shares vested/exercised on 2026-02-27; tax-withholding share surrender reported same date; RSU grant reported 2026-03-01 (shares delivered for vested performance shares were noted as delivered on 2026-03-02).
• Prices/values: tax withholding: 3,883.102 shares × $20.95 = $81,351. Exercise/conversion entries for the performance shares and the RSU grant are reported at $0.00 (derivative conversion/award).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: (1) Each 2023 Performance Share converts to one common share. (2) The 3,883.102 shares were withheld to satisfy the reporting person's tax obligation on vesting. (3) The 2023 Performance Shares vested on Feb 27, 2026; corresponding common shares were delivered Mar 2, 2026. (4) The 75,911 RSUs vest in four equal annual installments starting Feb 28, 2027 (delivery beginning Mar 1, 2027), unless accelerated by termination or change in control.
• Filing timeliness: no explicit late-filing flag was provided in the information you supplied.

Context

• This was not an open-market sale: the activity reflects vested performance shares converting to stock and routine withholding of a portion of those shares to cover taxes (F-code withholding), plus the grant of RSUs that vest over future years. Such withholding is standard and does not necessarily signal a decision to sell shares on the market.