Heskett Julie 4

What Happened

• Julie Heskett, TEGNA Inc.'s Senior VP and Chief Financial Officer, was granted 51,470 performance shares on 2026-03-10. The grant is reported as an award/other acquisition (code A) at $0.00 because these are contingent performance shares (a derivative right to receive common stock if vesting conditions are met). No cash purchase or sale occurred.

Key Details

• Transaction date: 2026-03-10; Form 4 filed: 2026-03-12 (timely filing).
• Grant: 51,470 2024 Performance Shares; reported acquisition price: $0.00 (derivative).
• Vesting/delivery: Each performance share is a contingent right to one common share. Vesting date: February 28, 2027; delivery of vested shares expected on or about March 1, 2027 (or earlier upon termination or change in control). [Footnotes in filing]
• Shares owned after transaction: not specified in the provided filing details.
• Transaction type: Award/grant of performance-based equity (not an open-market buy or sale).

Context

• Performance shares are contingent awards that convert to actual shares only if performance and/or service conditions are met; they do not represent immediate ownership or a cash investment by the insider. Such awards are common part of executive compensation and should be viewed differently than outright purchases or sales.