Eun David 4

What Happened
Eun David, a director of Versant Media Group, received an award of 5,119 deferred restricted stock units (DRSUs) on June 26, 2026. The grant is reported at a per-unit value of $36.14, for a total reported value of approximately $185,001. This was an equity award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-26; Filing date: 2026-06-29 (appears timely, within standard Form 4 reporting window).
• Units granted: 5,119 DRSUs at $36.14 per unit; reported value ~$185,001.
• Shares owned after transaction: Not reported in the provided filing data.
• Footnote: Each DRSU equals a contingent right to one share of Class A common stock. The DRSUs vest 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.
• Transaction type: Award/Grant (code A) — not an immediate cash purchase or sale.

Context
DRSUs are a deferred equity award: they represent a future right to receive shares if vesting and settlement conditions are met. Because settlement is deferred, these units do not immediately increase tradable share ownership. Awards like this are common for directors and are distinct from open-market purchases, which some investors view as a stronger near-term bullish signal.