Tolston Alex J 4
Research Summary
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Tegna (TGNA) SVP Alex Tolston Receives RSU Award
What Happened Alex J. Tolston, Senior Vice President and Chief Legal Officer of Tegna Inc. (TGNA), was granted 72,748 restricted stock units (RSUs) on March 1, 2026. The award is reported as a derivative grant (price shown as $0.00 on the Form 4) — this is a compensation award, not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-03-01; Form 4 filed 2026-03-03 (timely filing per usual two-business-day rule).
- Award type/code: A (grant / acquisition of a derivative security).
- Shares/units granted: 72,748 RSUs; reported acquisition price: $0.00.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnotes:
- F1 — Each RSU is a contingent right to one share of common stock.
- F2 — RSUs vest in four equal annual installments and, unless delivered earlier on termination or change in control, will be delivered in four equal annual installments beginning March 1, 2027 (vesting dates: Feb 28, 2027; Feb 29, 2028; Feb 28, 2029; Feb 28, 2030).
Context RSU grants are a form of compensation and do not represent immediate share ownership or an open‑market buy/sell. Tolston will receive actual shares only as the RSUs vest per the schedule above (or sooner if triggered by termination or change in control per the footnote). This filing documents the grant; it does not indicate insider buying or selling intent.