Molly E. McCabe, a 10% owner of E.W. Scripps Co. (NASDAQ:SSP), sold 326,675 Class A Common Shares between May 15 and May 20, 2026, for a total of approximately $1,117,572.
The shares were sold at weighted average prices ranging from $3.2931 to $3.4764. SSP stock currently trades at $3.42, down about 14% year-to-date but up 62% over the past year.
On May 15, 60,182 shares were sold at an average price of $3.3492. On May 18, 142,970 shares were sold at $3.4764. On May 19, 112,284 shares were sold at $3.4019. The final transaction on May 20 involved 11,239 shares at $3.2931.
Following the sales, McCabe directly holds no Class A shares but continues to hold 267,333 voting shares. Her 10% ownership status comes from the Scripps Family Agreement.
E.W. Scripps recently reported Q1 2026 earnings with a net loss of $0.20 per share, beating estimates. Revenue was $516.87 million. CEO Adam Symson aims to boost EBITDA by $125-$150 million by 2028.
