Michael Reed - 05 Aug 2025 Form 4 Insider Report for Gannett Co., Inc. (GCI)

Role
Chief Executive Officer, Director
Signature
/s/ Polly Grunfeld Sack, Attorney-in-Fact for Michael Reed
Issuer symbol
GCI
Transactions as of
05 Aug 2025
Net transactions value
-$238,466
Form type
4
Filing time
07 Aug 2025, 17:44:41 UTC
Previous filing
07 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Reed Michael Chief Executive Officer, Director C/O GANNETT CO., INC., 175 SULLY'S TRAIL, SUITE 203, PITTSFORD /s/ Polly Grunfeld Sack, Attorney-in-Fact for Michael Reed 07 Aug 2025 0001376487

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GCI Common Stock Options Exercise +113,378 +3.6% 3,254,100 06 Aug 2025 Direct F1
transaction GCI Common Stock Tax liability $238,466 -57,880 -1.8% $4.12 3,196,220 06 Aug 2025 Direct F2

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 GCI Restricted Stock Units Options Exercise $0 -113,378 -33% $0.000000 226,758 06 Aug 2025 Common Stock 113,378 Direct F1, F3
transaction GCI Restricted Stock Units Award $0 +359,712 $0.000000 359,712 05 Aug 2025 Common Stock 359,712 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2 Shares withheld to cover tax withholding obligations on the vesting of restricted stock units.
F3 One-third of the original grant of these RSUs vested on August 6, 2025, and except as otherwise provided in the award notice, one-third will vest on each of the second and third anniversary of the date of grant.
F4 The RSUs were granted under the Issuer's 2023 Stock Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest one-third on the first, second, and third anniversary of the date of grant.