Julie Heskett - 28 Feb 2025 Form 4 Insider Report for TEGNA INC (TGNA)

Role: SVP and CFO
Signature: /s/ Marc S. Sher, attorney-in-fact
Issuer symbol: TGNA
Transactions as of: 28 Feb 2025
Net transactions value: -$301,579
Form type: 4
Filing time: 04 Mar 2025, 17:25:22 UTC
Previous filing: 13 Feb 2025
Next filing: 04 Jun 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TGNA	Common Stock	Options Exercise		+8,209	+35%		31,960	28 Feb 2025	Direct	F1
transaction	TGNA	Common Stock	Options Exercise		+8,025	+25%		39,985	28 Feb 2025	Direct	F1
transaction	TGNA	Common Stock	Options Exercise		+4,093	+10%		44,078	28 Feb 2025	Direct	F1
transaction	TGNA	Common Stock	Options Exercise		+5,451	+12%		49,529	28 Feb 2025	Direct	F1
transaction	TGNA	Common Stock	Options Exercise		+10,368	+21%		59,896	28 Feb 2025	Direct	F1
transaction	TGNA	Common Stock	Tax liability	$301,579	-16,570	-28%	$18.20	43,326	28 Feb 2025	Direct	F2
holding	TGNA	Common Stock						9,594	28 Feb 2025	By 401(k) Plan

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	TGNA	2022 Performance Shares	Options Exercise	$0	-8,209	-100%	$0.000000	0	28 Feb 2025	Common Stock	8,209		Direct	F1, F3
transaction	TGNA	Restricted Stock Units	Options Exercise	$0	-8,025	-100%	$0.000000	0	28 Feb 2025	Common Stock	8,025		Direct	F1, F4
transaction	TGNA	Restricted Stock Units	Options Exercise	$0	-4,093	-50%	$0.000000	4,093	28 Feb 2025	Common Stock	4,093		Direct	F1, F5
transaction	TGNA	Restricted Stock Units	Options Exercise	$0	-5,451	-33%	$0.000000	10,903	28 Feb 2025	Common Stock	5,451		Direct	F1, F6
transaction	TGNA	Restricted Stock Units	Options Exercise	$0	-10,368	-25%	$0.000000	31,102	28 Feb 2025	Common Stock	10,368		Direct	F1, F7
transaction	TGNA	Restricted Stock Units	Award	$0	+33,313		$0.000000	33,313	01 Mar 2025	Common Stock	33,313		Direct	F1, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each 2022 Performance Share and restricted stock unit represents a contingent right to receive one share of the underlying common stock.
F2	Represents shares of common stock withheld to satisfy the reporting person's tax obligation upon the vesting of 2022 Performance Shares and restricted stock units and the corresponding acquisition of shares of common stock by the reporting person pursuant to the Issuer's 2020 Omnibus Incentive Compensation Plan.
F3	The 2022 Performance Shares vested on February 28, 2025. The corresponding shares of the Issuer's common stock were delivered to the reporting person as to the vested shares on March 1, 2025.
F4	The restricted stock units vested as to 8,025 shares on February 28, 2025. The corresponding shares of the Issuer's common stock were delivered to the reporting person as to the vested shares on March 1, 2025.
F5	The restricted stock units vested as to 4,093 shares on February 28, 2025 and vest as to the remaining shares on February 28, 2026. The corresponding shares of the Issuer's common stock (a) were delivered to the reporting person as to the applicable vested shares on March 1, 2025 and (b) following vesting and unless delivered earlier following a termination of employment of the reporting person or a change in control of the Issuer, will be delivered to the reporting person on March 1, 2026.
F6	The restricted stock units vested as to 5,451 shares on February 28, 2025 and vest as to the remaining shares in two equal annual installments on each of February 28, 2026 and February 28, 2027. The corresponding shares of the Issuer's common stock (a) were delivered to the reporting person as to the applicable vested shares on March 1, 2025 and (b) following vesting and unless delivered earlier following a termination of employment of the reporting person or a change in control of the Issuer, will be delivered to the reporting person in two equal annual installments beginning on March 1, 2026.
F7	The restricted stock units vested as to 10,367.500 shares on February 28, 2025 and vest as to the remaining shares in three equal annual installments on each of February 28, 2026, February 28, 2027 and February 29, 2028. The corresponding shares of the Issuer's common stock (a) were delivered to the reporting person as to the applicable vested shares on March 1, 2025 and (b) following vesting and unless delivered earlier following a termination of employment of the reporting person or a change in control of the Issuer, will be delivered to the reporting person in three equal annual installments beginning on March 1, 2026.
F8	The restricted stock units vest in four equal annual installments on each of February 28, 2026, February 28, 2027, February 29, 2028 and February 28, 2029 and, unless delivered earlier following a termination of employment of the reporting person or a change in control of the Issuer, will be delivered to the reporting person in four equal annual installments beginning on March 1, 2026.