NOVAK DAVID C 4

What Happened
David C. Novak, a director of Versant Media Group, Inc. (VSNT), purchased 143,000 shares in an open-market transaction on March 5, 2026. The shares were acquired at $36.85 each for a total transaction value of $5,269,550. This was a straight purchase (code P), which is generally seen as a direct buy of company stock.

Key Details

• Transaction date: 2026-03-05
• Price per share: $36.85
• Shares acquired: 143,000
• Total value: $5,269,550
• Transaction type: Open-market purchase (Code P)
• Filing date: 2026-03-09 (filed with the SEC; appears to meet the standard two-business-day Form 4 deadline)
• Shares owned after the transaction: Not specified in the filed Form 4
• Footnotes/plan disclosures: No 10b5-1 plan or special footnotes disclosed in the filing

Context
Insider purchases are often watched by investors as a potential positive signal because they show executives or directors buying company stock. This filing documents a significant director purchase but does not explain motivation or indicate future company performance. As always, consider this information alongside company fundamentals and broader market context before making investment decisions.