Potter Leonard 4

What Happened Potter Leonard, a director of Versant Media Group, Inc. (VSNT), was granted 5,119 deferred restricted stock units (DRSUs) on June 26, 2026. The award is reported at a grant price of $36.14 per unit, giving a total reported value of $185,001. This was an equity compensation grant (award), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-26; filing date (Form 4): 2026-06-29 (filed after the weekend; appears within the SEC’s two-business-day window).
• Transaction type/code: Award/Grant (A).
• Units granted: 5,119 DRSUs; grant price used for reporting: $36.14; reported aggregate value: $185,001.
• Shares owned after transaction: not disclosed in the filing.
• Footnote: These are Deferred Restricted Stock Units (DRSUs). Each DRSU is a contingent right to one share of Class A common stock. Vesting occurs in full on the earlier of June 26, 2027 or the Company’s 2027 annual meeting. Settlement is deferred until the reporting person’s separation from service or earlier upon a change in control, death, or disability.

Context DRSUs are a form of compensation that do not represent immediate stock ownership or a market purchase — they are contingent and settled later under specified conditions. Such grants are commonly part of director compensation and are generally less informative about short-term insider sentiment than open-market purchases or sales.