HASSELL GERALD L 4

What Happened
Gerald L. Hassell, a director of Versant Media Group, Inc. (VSNT), was granted 5,119 deferred restricted stock units (DRSUs) on June 26, 2026. The grant is reported at a per-unit reference price of $36.14, giving a total reported value of $185,001. This filing is an award/grant (transaction code A), not an immediate open‑market purchase.

Key Details

• Transaction date: 2026-06-26; Form 4 filed: 2026-06-29 (timely within the usual two-business-day window).
• Granted: 5,119 DRSUs at $36.14 per unit; total reported value $185,001.
• Vesting: DRSUs vest in full on the earlier of June 26, 2027 or the Company’s 2027 annual meeting of shareholders.
• Settlement: Payment/settlement of the DRSUs is deferred until the reporting person’s separation from service or the earlier of (i) a change in control, (ii) death, or (iii) disability.
• Shares owned after the transaction: not specified in the filing.

Context
DRSUs are a contingent right to receive shares in the future rather than immediate share ownership; they typically convert into stock (or cash) upon vesting and any settlement event. Because settlement is deferred until separation/change in control/death/disability, these units do not represent immediate tradable shares. This is a director compensation grant (routine corporate award) rather than a market purchase or sale.