Insider TradingNov 6, 2026, 12:16 PM
E.W. Scripps Director Adopts Stock Trading Plan; Q3 Net Income $20.7M
AI Summary
E.W. Scripps Co. reported its third-quarter financial results, showing a net income of $20.7 million, a significant improvement from a net loss of $49.0 million in the same period last year. Total operating revenues increased to $544.9 million. However, the nine-month period resulted in a substantial net loss of $1.17 billion. Notably, Director Charles L. Barmonde has adopted a Rule 10b5-1 trading arrangement allowing for the sale of up to 40,000 shares of common stock over a one-year period.
Key Highlights
- Director Charles L. Barmonde adopted a Rule 10b5-1 trading arrangement.
- The plan allows for the periodic sale of up to 40,000 shares of common stock.
- Sales under the plan will occur between September 8, 2026, and September 8, 2027.
- No other directors or officers adopted, modified, or terminated trading arrangements during the quarter.
- The company reported a net income of $20.7 million for the three months ended September 30, 2026, compared to a net loss of $49.0 million in the prior year.
- Total operating revenues were $544.9 million for the three months ended September 30, 2026, up from $525.9 million in the prior year.
- The company reported a net loss of $1.17 billion for the nine months ended September 30, 2026, compared to a net loss of $119.5 million in the prior year.
Price Impact
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