Al-Emam Maha 4

What Happened

Al-Emam Maha, a director of USA TODAY Co., was awarded 16,046 restricted stock units that immediately vested and converted one-for-one into common stock on June 2, 2026. The filing shows an acquisition price of $0.00; using the $7.79 closing price on June 2, 2026, the award is worth approximately $124,998. Transaction code: A (award/grant). This is a compensation/award event rather than an open-market purchase or sale.

Key Details

• Transaction date: June 2, 2026
• Filing date: June 3, 2026 (filed the next day; no late filing indicated in the provided data)
• Shares acquired: 16,046 common shares (from vested RSUs) at $0.00 reported price
• Implied value: 16,046 × $7.79 = $124,998 ($125k) using the June 2 close (footnote)
• Footnote: RSUs immediately vested and converted one-for-one under the Issuer’s 2023 Stock Incentive Plan; transaction exempt under Rule 16b-3 (per filing)
• Shares owned after transaction: not reported in the provided excerpt

Context

These were restricted stock units granted as director compensation that vested and converted into shares. Such awards are routine for directors and reflect compensation, not a market buy or sell decision. Purchases (code P) are generally a stronger signal of insider confidence than awards; this filing should be viewed as routine compensation disclosure.