Versant Media (VSNT) CEO Mark Lazarus Withholds 6,200 Shares for Taxes

What Happened
Mark H. Lazarus, CEO of Versant Media Group, had 6,200 restricted stock units (RSUs) withheld to cover tax obligations upon vesting. The withheld shares are reported at $37.24 per share, totaling $230,888. This was a tax-withholding disposition (not an open-market sale or purchase) tied to RSU vesting.

Key Details

• Transaction date: 2026-07-28; filing date: 2026-07-30 (filed promptly).
• Withheld shares: 6,200 at $37.24 per share; total value $230,888.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: F1 — shares were withheld for taxes upon vesting of restricted stock units.
• Transaction code: F (tax withholding), a routine administrative disposition rather than a market sale.

Context
Withholding shares to satisfy tax liabilities when RSUs vest is common and generally reflects routine tax handling rather than a directional bet on the stock. This transaction reduces the insider’s outstanding shares but does not indicate an open-market sale or new purchase. For investors, purchase transactions tend to be more informative about insider sentiment; tax-withholdings are procedural.