Condon Creighton 4

What Happened

• Condon Creighton, 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 $36.14 per share, a total reported value of $185,001. This is an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-26; Form 4 filed: 2026-06-29.
• Price/value reported: $36.14 per share; total value $185,001.
• Shares issued: 5,119 DRSUs (each DRSU represents a contingent right to one share of Class A common stock).
• Shares owned after transaction: not specified in the filing.
• Footnote (F1): 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 the earliest of a change in control, death, or disability.

Context

• These DRSUs are a form of deferred equity compensation and are not immediately tradable shares; they convert to shares only upon vesting and settlement events described above.
• As an award to a director, this is primarily a compensation-related grant rather than an investor-driven purchase; it signals alignment of the director’s compensation with shareholder value but is not itself a market sentiment indicator.