USA TODAY Co., Inc. (TDAY) CAO covers RSU taxes with shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
USA TODAY Co., Inc. Chief Accounting Officer Cindy Gallagher reported a routine tax-related share withholding. On March 24, 2026, 6,319 shares of common stock were withheld at $6.70 per share to satisfy tax obligations on vesting restricted stock, not an open-market sale.
After this transaction, she directly holds 113,847 common shares. She also has outstanding restricted stock units that can convert into 18,140 and 28,776 shares of common stock, with portions scheduled to vest in one-third installments around August 2025 and on the first, second, and third anniversaries of the August 5, 2025 grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Gallagher Cindy
Role
CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 6,319 | $6.70 | $42K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 113,847 shares (Direct);
Restricted Stock Units — 18,140 shares (Direct)
Footnotes (1)
- Shares withheld to cover tax withholding obligations on the vesting of restricted stock. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. 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. Except as otherwise provided in the award notice, one-third of these RSUs vests on the first, second, and third anniversary of the August 5, 2025 grant date.
FAQ
What insider transaction did Cindy Gallagher report for USA TODAY Co. (TDAY)?
Cindy Gallagher reported shares withheld to pay taxes on restricted stock vesting. On March 24, 2026, 6,319 common shares were withheld at $6.70 each, a non-market tax-withholding disposition rather than an open-market sale or purchase of USA TODAY Co., Inc. stock.
What restricted stock units (RSUs) does the USA TODAY Co. (TDAY) CAO still hold?
Cindy Gallagher holds RSUs tied to 18,140 and 28,776 underlying common shares. Each RSU represents a right to receive one common share. These RSUs vest in one-third installments based on award terms referenced around August 6, 2025 and the August 5, 2025 grant date.
What does the F transaction code mean in Cindy Gallagher’s USA TODAY Co. Form 4?
The F transaction code indicates payment of tax liability by delivering securities. In this case, 6,319 USA TODAY Co., Inc. shares were withheld to satisfy tax obligations on vesting restricted stock, so it is classified as a tax-withholding disposition rather than a regular market sale.
How do Cindy Gallagher’s RSU grants for USA TODAY Co. (TDAY) vest over time?
One RSU grant vests one-third on August 6, 2025, with the remaining thirds on the second and third anniversaries of the grant. Another RSU grant vests one-third on each of the first, second, and third anniversaries of the August 5, 2025 grant date, unless award terms provide otherwise.