Thompson Peter 4

What Happened Peter Thompson, Chief Financial Officer and EVP of Urban One (UONEK), was granted 156,500 restricted shares on June 16, 2026 (reported on Form 4). The award was granted pursuant to Rule 16b-3 and had an aggregate value of $704,250 based on the June 16 closing price of $4.50. To satisfy tax withholding, 59,626 shares were surrendered/withheld at $4.50 per share, generating approximately $268,317.

Key Details

• Transaction date: 2026-06-16; Form 4 filed: 2026-06-18 (appears timely — within two business days).
• Award: 156,500 shares acquired at $0.00 (restricted stock award under Rule 16b-3).
• Tax withholding/disposition: 59,626 shares disposed at $4.50 each for ~$268,317 (code F — tax withholding).
• Award valuation: $704,250 (156,500 ÷ $4.50 closing price per footnote).
• Shares owned after transaction: Not specified in the provided details; footnote F2 says reported totals cover all classes (A, B, C, D).

Context This was a compensation-related restricted stock grant, not an open-market purchase or exercise for cash. The withholding of shares to cover taxes is a routine disposition and does not necessarily indicate buying or selling sentiment. The filing appears timely; no 10b5-1 plan or late-filing flag is indicated in the provided information.