4Filed Aug 11, 8:00 PM ET
USA TODAY (TDAY) CAO Cindy Gallagher Receives RSU Award
$TDAY · USA TODAY Co., Inc.Research Summary
AI-generated summary of this SEC filing
USA TODAY (TDAY) CAO Cindy Gallagher Receives RSU Award
What Happened
Cindy Gallagher, Chief Accounting Officer of USA TODAY Co. (TDAY), was granted 51,169 restricted stock units (RSUs) on August 11, 2026. The filing records the acquisition price as $0.00 (an award/derivative grant), meaning no cash was paid at grant; the RSUs are contingent rights to receive common shares upon vesting.
Key Details
- Transaction type: Award/Grant (code A) — 51,169 RSUs granted on 2026-08-11 at $0.00 per unit.
- Plan and exemption: RSUs granted under the Issuer's 2023 Stock Incentive Plan in a Rule 16b-3 exempt transaction.
- Vesting: Footnotes state each RSU equals one share and vesting is generally in three equal annual installments. Portions of the grant vested on Aug 5–6, 2026 (per the footnotes) and/or earlier (Aug 6, 2025); remaining one-third will vest on the third anniversary of the grant (see award notice for exact schedule).
- Shares owned after transaction: Not specified in this filing.
- Timeliness: Reported on 2026-08-12 for a transaction on 2026-08-11 (filed promptly).
Context
RSU grants are derivative awards that convert to actual shares only as they vest; they are not an immediate purchase or sale. This type of award is typically compensation-related and does not by itself indicate buying or selling sentiment by the insider.