Potter Leonard 4
4 · Versant Media Group, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Versant Media (VSNT) Director Potter Leonard Buys 13,500 Shares
What Happened
Director Potter Leonard made a series of open-market purchases of Versant Media Group, Inc. (VSNT) common stock between March 10 and March 13, 2026. He bought a total of 13,500 shares for aggregate reported proceeds of $510,475 (individual trades: 3,000 @ $37.31 = $111,930; 3,000 @ $38.34 = $115,020; 5,000 @ $37.88 = $189,400; 2,500 @ $37.65 = $94,125). These were purchases (acquisitions), which are typically viewed as a stronger signal about insider conviction than routine sales, though no motive should be inferred from the filing alone.
Key Details
- Transaction dates and reported prices/values:
- 2026-03-10: 3,000 shares @ $37.31 = $111,930
- 2026-03-11: 3,000 shares @ $38.34 = $115,020
- 2026-03-12: 5,000 shares @ $37.88 = $189,400
- 2026-03-13: 2,500 shares @ $37.65 = $94,125
- Total acquired: 13,500 shares for $510,475.
- Filing: Form 4 filed with the SEC on 2026-03-16 reporting transactions from Mar 10–13, 2026.
- Shares owned after transaction: Not specified in the information provided in this summary/transaction list.
- Footnote (F1): One reported price is a weighted average reflecting multiple purchase trades at prices ranging $37.70–$38.05; the reporting person will provide a detailed breakdown upon request.
Context
These were open-market purchases by a company director — straightforward acquisitions (transaction code P). For retail investors, purchases by directors can be of interest as they represent insiders adding to positions, but they do not by themselves prove future company performance. No indication of option exercises, gifts, tax-withholding, or 10% owner activity is included in the supplied details.
Insider Transaction Report
- Purchase
Class A Common Stock
2026-03-10$37.31/sh+3,000$111,930→ 5,378 total - Purchase
Class A Common Stock
2026-03-11$38.34/sh+3,000$115,020→ 8,378 total - Purchase
Class A Common Stock
[F1]2026-03-12$37.88/sh+5,000$189,400→ 13,378 total - Purchase
Class A Common Stock
2026-03-13$37.65/sh+2,500$94,125→ 15,878 total
Footnotes (1)
- [F1]The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $37.70 to $38.05 per share, inclusive. The reporting person shall provide to the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price.