Thomas R. Cox - 28 Feb 2025 Form 4 Insider Report for TEGNA INC (TGNA)

Signature
/s/ Marc S. Sher, attorney-in-fact
Issuer symbol
TGNA
Transactions as of
28 Feb 2025
Net transactions value
-$457,743
Form type
4
Filing time
04 Mar 2025, 17:25:18 UTC
Previous filing
13 Feb 2025
Next filing
04 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGNA Common Stock Options Exercise +13,682 +33% 55,586 28 Feb 2025 Direct F1
transaction TGNA Common Stock Options Exercise +13,158 +24% 68,744 28 Feb 2025 Direct F1
transaction TGNA Common Stock Options Exercise +6,821 +9.9% 75,565 28 Feb 2025 Direct F1
transaction TGNA Common Stock Options Exercise +7,495 +9.9% 83,060 28 Feb 2025 Direct F1
transaction TGNA Common Stock Options Exercise +10,433 +13% 93,492 28 Feb 2025 Direct F1
transaction TGNA Common Stock Tax liability $457,743 -25,151 -27% $18.20 68,342 28 Feb 2025 Direct F2
holding TGNA Common Stock 10,338 28 Feb 2025 By 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TGNA 2022 Performance Shares Options Exercise $0 -13,682 -100% $0.000000 0 28 Feb 2025 Common Stock 13,682 Direct F1, F3
transaction TGNA Restricted Stock Units Options Exercise $0 -13,158 -100% $0.000000 0 28 Feb 2025 Common Stock 13,158 Direct F1, F4
transaction TGNA Restricted Stock Units Options Exercise $0 -6,821 -50% $0.000000 6,822 28 Feb 2025 Common Stock 6,821 Direct F1, F5
transaction TGNA Restricted Stock Units Options Exercise $0 -7,495 -33% $0.000000 14,991 28 Feb 2025 Common Stock 7,495 Direct F1, F6
transaction TGNA Restricted Stock Units Options Exercise $0 -10,433 -25% $0.000000 31,298 28 Feb 2025 Common Stock 10,433 Direct F1, F7
transaction TGNA Restricted Stock Units Award $0 +38,668 $0.000000 38,668 01 Mar 2025 Common Stock 38,668 Direct F1, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each 2022 Performance Share and restricted stock unit represents a contingent right to receive one share of the underlying common stock.
F2 Represents shares of common stock withheld to satisfy the reporting person's tax obligation upon the vesting of 2022 Performance Shares and restricted stock units and the corresponding acquisition of shares of common stock by the reporting person pursuant to the Issuer's 2020 Omnibus Incentive Compensation Plan.
F3 The 2022 Performance Shares vested on February 28, 2025. The corresponding shares of the Issuer's common stock were delivered to the reporting person as to the vested shares on March 1, 2025.
F4 The restricted stock units vested as to 13,158 shares on February 28, 2025. The corresponding shares of the Issuer's common stock were delivered to the reporting person as to the vested shares on March 1, 2025.
F5 The restricted stock units vested as to 6,821 shares on February 28, 2025 and vest as to the remaining shares on February 28, 2026. The corresponding shares of the Issuer's common stock (a) were delivered to the reporting person as to the applicable vested shares on March 1, 2025 and (b) following vesting and unless delivered earlier following a termination of employment of the reporting person or a change in control of the Issuer, will be delivered to the reporting person on March 1, 2026.
F6 The restricted stock units vested as to 7,495 shares on February 28, 2025 and vest as to the remaining shares in two equal annual installments on each of February 28, 2026 and February 28, 2027. The corresponding shares of the Issuer's common stock (a) were delivered to the reporting person as to the applicable vested shares on March 1, 2025 and (b) following vesting and unless delivered earlier following a termination of employment of the reporting person or a change in control of the Issuer, will be delivered to the reporting person in two equal annual installments beginning on March 1, 2026.
F7 The restricted stock units vested as to 10,432.750 shares on February 28, 2025 and vest as to the remaining shares in three equal annual installments on each of February 28, 2026, February 28, 2027 and February 29, 2028. The corresponding shares of the Issuer's common stock (a) were delivered to the reporting person as to the applicable vested shares on March 1, 2025 and (b) following vesting and unless delivered earlier following a termination of employment of the reporting person or a change in control of the Issuer, will be delivered to the reporting person in three equal annual installments beginning on March 1, 2026.
F8 The restricted stock units vest in four equal annual installments on each of February 28, 2026, February 28, 2027, February 29, 2028 and February 28, 2029 and, unless delivered earlier following a termination of employment of the reporting person or a change in control of the Issuer, will be delivered to the reporting person in four equal annual installments beginning on March 1, 2026.