Cerberus Capital Management, L.P. 4
Research Summary
AI-generated summary
Comscore (SCOR) Cerberus (10% Owner) Receives 16,461 RSUs
What Happened
Cerberus Capital Management, L.P. (reported as a 10% owner) was reported on a Form 4 to have acquired 16,461 restricted stock units (RSUs) for Comscore, Inc. (SCOR) on July 1, 2026. The filing shows no per-share price (award/grant, code A). These RSUs represent rights to receive shares of common stock subject to the vesting and deferral terms described below. The award was originally issued to director Robert Davenport and assigned to Cerberus under a director fee assignment agreement dated December 29, 2025.
Key Details
- Transaction date: 2026-07-01; Form 4 filed 2026-07-06 (filing appears late relative to the typical 2-business-day deadline).
- Transaction type/code: Award/Grant (A) — 16,461 RSUs; no cash price reported (N/A).
- Vesting/settlement: The RSUs vest on the earliest of the Company’s 2027 annual meeting, June 30, 2027, or a change in control. Vested units are deferred and will be delivered in shares upon the earlier of Davenport’s separation from service or a change in control.
- Prior holdings noted: Filing also references 5,000 RSUs issued to Davenport on 12/29/2025 (assigned to Cerberus) that have since become fully vested but remain deferred for delivery. It also notes Cerberus no longer has pecuniary interest in 3,853 shares previously assigned by another director.
- Record/beneficial ownership: Pine Investor, LLC is the record holder; Cerberus (directly or through intermediaries like Pine Investor) has sole voting and disposition power. The filing states the reported interests are limited to any pecuniary interest of Cerberus/Pine.
- Shares owned after transaction: The filing does not provide a single total outstanding beneficial-ownership number for Cerberus after this grant; it highlights the RSUs and changes described above.
Context
- This is an institutional receipt of director compensation assigned to Cerberus (a 10% owner), not an open-market purchase or sale by a company executive. RSU awards are compensation-based grants that vest on a schedule or upon corporate events and do not necessarily signal trading intent.
- Because the award was assigned from an individual director (Robert Davenport) to Cerberus, the report reflects assignment/receipt mechanics rather than a market purchase.