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Director’s TEGNA (NYSE: TGNA) shares and RSUs cashed out at $22 in Nexstar merger
TEGNA Inc. director Catherine Dunleavy’s shares and restricted stock units (RSUs) were cashed out at $22 per share due to the company’s merger with Nexstar Media Group. This transaction involved 9,142 RSUs and 8,230.83 shares of common stock, which were converted into cash as per the merger agreement. These dispositions were not open-market sales but a required step reflecting the terms of the merger, meaning Dunleavy no longer holds these specific equity positions in TEGNA.