Fasbender Jordan 4
Research Summary
AI-generated summary
Versant Media (VSNT) GC Jordan Fasbender Receives RSU Award
What Happened
Jordan Fasbender, General Counsel & Corporate Secretary of Versant Media Group, Inc. (VSNT), received a grant of 27,196 restricted stock units (RSUs) under the Versant Omnibus Equity Incentive Plan on March 5, 2026. No purchase price is reported (this is an award/compensation grant rather than a market transaction). The RSUs will vest ratably on each of the first three anniversaries of the March 5, 2026 grant date, subject to continued service.
Key Details
- Transaction date: 2026-03-05 (Grant) — filed on 2026-03-06 (timely).
- Transaction type/code: Award/Grant (Code A).
- Shares granted: 27,196 RSUs. Price/consideration: N/A (compensation award).
- Shares owned after transaction: Not reported in this Form 4.
- Footnote: RSUs vest ratably over the first three anniversaries of the grant date, subject to continued service. No 10b5-1 plan, tax withholding, or late filing noted in this report.
Context
RSUs are a form of equity compensation that convert to shares (or cash) upon vesting and can be forfeited if the grantee leaves before vesting—so this is primarily compensation, not a direct buy or sell signal. Retail investors typically view grants as part of executive pay programs; actual insider purchases or sales are more directly informative about personal conviction.