USA TODAY (TDAY) Director Debra Sandler Receives 16,046-Share Award

What Happened

• Debra A. Sandler, a director of USA TODAY Co., received 16,046 shares on June 2, 2026. The filing reports an award/acquisition (code A) of 16,046 shares at $0.00 because these were restricted stock units (RSUs) that immediately vested and converted one-for-one into common stock. Using the June 2 closing price of $7.79, the shares are worth about $124,998.34 (~$125K).

Key Details

• Transaction date: 2026-06-02; Form 4 filed 2026-06-03 (timely).
• Reported price: $0.00 (vested RSUs converted to shares).
• Implied value at close on 6/2/2026: 16,046 × $7.79 = $124,998.34.
• Shares owned after transaction: not specified in the filing.
• Footnote: Award exempt under Rule 16b-3; RSUs immediately vested and converted 1-for-1 into common stock.
• No indication of a 10b5-1 plan, tax withholding, or a sale of the shares in this filing.

Context

• This was a compensation-related vesting and conversion of RSUs (an award), not a purchase or sale. Such director awards are routine and exempt under Rule 16b-3; they don’t necessarily indicate the insider’s view of the company’s stock.