TEGNA Insider Michael Steib Files Ownership Change

TL;DR

**TEGNA insider Michael Steib just filed a Form 4, signaling a change in his stock ownership.**

AI Summary

This Form 4 filing indicates that Michael F. Steib, a reporting insider, filed a statement of changes in beneficial ownership of securities on March 23, 2026, for the period ending March 19, 2026. The filing is associated with TEGNA INC., a television broadcasting company. While the filing itself doesn't detail specific transactions, it signals that an insider's holdings have changed, which could be a signal to investors about management's confidence in the company's future.

Why It Matters

Changes in insider ownership can signal management's confidence (or lack thereof) in the company's future prospects, influencing how investors perceive the stock.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of insider ownership changes and does not inherently indicate high risk without transaction details.

Analyst Insight

Investors should monitor subsequent filings or the full Form 4 document to understand the nature of the transaction (buy or sell) and its size, as this filing only indicates a change occurred.

Key Players & Entities

• Steib Michael F (person) — Reporting Owner
• TEGNA INC (company) — Issuer
• 0001580569 (person) — CIK for Steib Michael F
• 0000039899 (company) — CIK for TEGNA INC

FAQ

Key Financial Figures

• $1.00 — f the Company's common stock, par value $1.00 per share ("Company Common Stock"), was
• $22.00 — was converted into the right to receive $22.00 in cash, without interest (the "Merger

Filing Documents

• tm269551-10_4seq1.html (4)
• tm269551-10_4seq1.xml (4) — 12KB
• 0001104659-26-033329.txt ( ) — 13KB

From the Filing

SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5 X Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).    Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * Steib Michael F (Last) (First) (Middle) C/O TEGNA INC. 8401 GREENSBORO DRIVE, SUITE 300 (Street) MCLEAN VIRGINIA 22102 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol TEGNA INC [ TGNA ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) President and CEO 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/19/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 03/19/2026 D 192,392.02 D $ 22 (1) 0 D Common Stock 03/19/2026 D 737.619 D $ 22 (1) 0 I By 401(k) Plan Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Restricted Stock Units (2) 03/19/2026 D 354,252 (3) (3) Common Stock 354,252 $ 22 (3) 0 D Performance Shares (4) 03/19/2026 D 481,603.6 (5) (5) Common Stock 481,603.6 $ 22 (5) 0 D Explanation of Responses: 1. Pursuant to the Agreement and Plan of Merger, dated as of August 18, 2025 (the "Merger Agreement), by and among TEGNA Inc., a Delaware corporation (the "Company"), Nexstar Media Group, Inc., a Delaware corporation ("Nexstar"), and Teton Merger Sub, Inc., a Delaware corporation and a direct wholly owned subsidiary of Nexstar ("Merger Sub"), Merger Sub merged with and into the Company (the "Merger"), with the Company surviving the Merger as a wholly owned subsidiary of Nexstar. At the effective time of the Merger (the "Effective Time"), each share of the Company's common stock, par value $1.00 per share ("Company Common Stock"), was converted into the right to receive $22.00 in cash, without interest (the "Merger Consideration"). 2. Each time-based restricted stock unit award in respect of shares of Company Common Stock ("Company RSU Award") represents a contingent right to receive one share of the underlying Company Common Stock. 3. Pursuant to the Merger Agreement, at the Effective Time, each Company RSU Award held by the reporting person that was granted before August 18, 2025 was cancelled and converted into the right to receive the Merger Consideration in respect of each share of Company Common Stock underlying the Company RSU Award. Each Company RSU Award granted on or after August 18, 2025 held by the reporting person and outstanding immediately prior to the Effective Time was converted into a time-based restricted stock unit award in respect of a number of shares of Nexstar common stock calculated based on the value of the Merger Consideration and Nexstar's stock price, subject to the same terms and conditions as applied to the Company RSU Award as of immediately prior to the Effective Time

View Full Filing

View this 4 filing on SEC EDGAR