CONLIN KELLY P 4

What Happened

• Kelly P. Conlin, a director of E.W. Scripps Company (SSP), reported the conversion of 90,673 restricted stock units (RSUs) into Class A common shares and the grant of an additional 49,575 RSUs.
• The conversion (reported as derivative exercise/conversion, code M) shows 90,673 shares acquired at $0.00 and the corresponding derivative disposition at $0.00; the grant (code A) of 49,575 RSUs was reported at $0.00.
• These transactions are not cash purchases or market sales — they reflect equity compensation mechanics (conversion of RSUs and a new RSU award), not an open‑market buy or sale.

Key Details

• Transaction dates: RSU grant dated 2026-05-04; conversion/exercise reported 2026-05-05. Filing date: 2026-05-06 (timely filing).
• Prices: $0.00 per share reported for the conversion and award (typical for RSU conversions/awards).
• Shares owned after transaction: not specified in the information provided in this summary.
• Footnotes from the filing:
  • F1: The 90,673‑share transaction reflects conversion of restricted stock units into Class A common shares.
  • F2: The 49,575 restricted stock unit award will vest in 2027; upon vesting each RSU converts into one Class A common share.
• No 10b5‑1 plan, tax‑withholding sale, or cashless exercise was indicated in the provided details.

Context

• For retail investors: conversions and RSU awards are typically part of director compensation and do not necessarily signal a personal buy or sell decision. The conversion here simply turned RSUs into ordinary shares; the new RSU grant vests later (2027) and will convert 1:1 upon vesting.
• Because there was no open‑market sale reported, this filing does not show proceeds or an exit by the director.