Wright Gregory Michael 4

What Happened

• Gregory M. Wright, Chief Accounting Officer of Versant Media Group, was granted 12,238 restricted stock units (RSUs) on March 5, 2026 (transaction coded as an Award/Grant).
• No purchase price is reported for RSUs (price = N/A). The RSUs will vest ratably on each of the first three anniversaries of the grant date, subject to continued service with the company.
• This is a compensation award (not a purchase or sale), so it represents potential future shares rather than an immediate market transaction.

Key Details

• Transaction date: 2026-03-05 (Form 4 filed 2026-03-06).
• Security and amount: 12,238 RSUs of Versant Class A Common Stock; price per share: N/A (grant).
• Vesting: Ratably on each of the first three anniversaries of the March 5, 2026 grant date, contingent on continued service.
• Footnote: Filing corrects an overreporting of one adjusted/converted RSU related to Comcast’s pro‑rata spinoff distribution (see footnote F2).
• Shares owned after transaction: Not specified in the provided excerpt.
• Timeliness: Filed the day after the grant (within typical Form 4 timing requirements).

Context

• RSUs are deferred equity awards that convert to actual shares only as they vest; they are common as employee compensation and don’t necessarily signal immediate insider buying or selling.
• For retail investors, grant notices are useful to track insider compensation and potential future share issuance, but they are not the same as a direct insider purchase (which some investors view as a stronger bullish signal).