Granado Raymundo H. Jr. 4

What Happened

Raymundo H. Granado Jr., a reported 10% owner of E.W. Scripps Co. (SSP), made two open‑market purchases totaling 13,264 Class A common shares. On 2026-03-09 he acquired 8,280 shares at $4.43 each for $36,708, and on 2026-03-10 he acquired 4,984 shares at $4.59 each for $22,890 — a combined cash outlay of $59,598. These were purchases (transaction code P), which increase his ownership stake.

Key Details

• Transaction dates and prices:
  • 2026-03-09: 8,280 shares @ $4.43 = $36,708 (P)
  • 2026-03-10: 4,984 shares @ $4.59 = $22,890 (P)
• Total purchased: 13,264 shares for $59,598.
• Shares owned after the transactions: not specified in this Form 4 filing.
• Footnote: The filing references a restricted stock unit award that will vest in 2026 and convert into one Class A common share per unit upon vesting.
• Ownership/voting note: The filer may be deemed to share voting power for >10% of Class A shares due to convertibility and the Scripps Family Agreement; filer previously filed a Schedule 13D (last amended Feb 21, 2023).
• Filing timeliness: Form 4 was filed on 2026-03-11 for transactions on 2026-03-09 and 03-10 — filed within the normal 2-business‑day window (timely).

Context

As a reported 10% owner (not necessarily an executive), Granado is a significant shareholder; purchases by large holders can be notable but do not by themselves indicate company‑level changes. The filing also notes RSUs that will convert to Class A shares when they vest in 2026.