Ward Tracy Tunney 4
Research Summary
AI-generated summary
E.W. Scripps (SSP) Director Ward Tunney Receives 49,575 RSUs
What Happened
- Ward Tracy Tunney, a director of E.W. Scripps Co. (SSP), was granted 49,575 restricted stock units (RSUs) on 2026-05-04. The Form 4 lists the acquisition price as $0.00 (derivative award), i.e., no cash purchase. These RSUs will convert into one Class A common share each upon vesting.
Key Details
- Transaction date: 2026-05-04; Form 4 filed: 2026-05-06 (filed within the usual 2-business-day window).
- Transaction type/code: Award/Grant (A); 49,575 RSUs granted at $0.00.
- Total cash paid: $0 (award/derivative grant).
- Vesting note: Footnote states the RSUs will vest in 2027 and each unit converts into one Class A common share upon vesting.
- Shares owned after transaction: Not specified in the provided filing summary.
- Filing accession: 0002132444-26-000006.
Context
- This was a compensation award (RSUs), not an open-market purchase or sale. RSUs do not deliver tradable shares or voting rights until they vest, so this is a future equity grant rather than an immediate market-confidence signal.