DAVID KANTOR, CEO at Urban One (NASDAQ:UONEK), reported a large exercise of company stock options on January 10, according to a new SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday revealed that KANTOR, CEO at Urban One in the Communication Services sector, exercised stock options for 0 shares of UONEK stock. The exercise price of the options was $0.0 per share.
Urban One shares are trading, exhibiting down of 0.0% and priced at $3.61 during Wednesday's morning. This values KANTOR's 0 shares at $0.
Unveiling the Story Behind Urban One
Urban One Inc is an urban oriented, multi-media company. Its business is radio broadcasting franchise that is the radio broadcasting operation that targets African-American and urban listeners. It operates through the following segments: Radio Broadcasting, Reach Media, Digital, and Cable Television. The Radio Broadcasting segment includes all the broadcasting related operations. The Reach Media segment consists of the Tom Joyner Morning Show and its related activities. The Digital segment focuses on its online business, including the operations of Interactive One. The Cable Television segment deals with TV One's operations.
Key Indicators: Urban One's Financial Health
Revenue Growth: Urban One's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2023, ...