TDAY · USA TODAY Co., Inc. · Executive Compensation

$6.86 -0.18 (-2.56%) At close · Oct 23

Russell 2000 member Rebalance outlook locked

Market Cap

$1.01B

146.82M

Volume · Oct 23 2.24M Avg daily vol (3M) 2.53M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Michael E. Reed	CEO	$903,462	—	$1,499,999	—	$1,634,994	$47,044	$4,085,499
Michael Reed	CEO	$903,462	—	$1,499,999	—	$1,634,994	$47,044	$4,085,499
Douglas Horne	—	$200,000	—	—	—	$95,570	$1,725,013	$2,020,583
Douglas E. Horne	Former CFO The amounts in this column reflect the aggregate grant date fair value of the stock awards for each year pursuant to ASC 718. Additional details on accounting for stock-based compensation can be found in Note 13 (Supplemental equity and other information) to our consolidated financial statements contained in our 2025 Annual Report on Form 10-K. Includes the cash incentive payments received under the ABP for 2025 ($572,794 for Mr. Reed and $346,059 for Ms. Gosser), the portion of the 2023 CPUs and 2024 CPUs eligible for vesting for the 2025 performance period based on 2025 actual performance ($394,500 and $394,500, respectively for Mr. Reed), and the portion of the 2025 CPUs eligible for vesting for the 2025 performance period based on 2025 actual performance ($273,200 for Mr. Reed and $67,389 for Ms. Gosser). Includes (i) for each NEO, $3,500 in Company matching contributions to their respective 401(k) Plan account, (ii) for Mr. Reed, also includes $43,544 related to security arrangements, and (iii) for Mr. Horne, also includes $1,721,513 in severance pay ($1,223,501 of which was paid in 2025). Includes $95,570 in CPUs that vested based on target performance upon Mr. Horne's separation from the Company.	$200,000	—	—	—	$95,570	$1,725,013	$2,020,583
Trisha Gosser	CFO	$595,143	—	$370,000	—	$413,448	$3,500	$1,382,091

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Michael E. Reed	CEO	$906,923	—	$1,714,904	—	$1,830,491	$39,764	$4,492,082
Michael Reed	CEO	$906,923	—	$1,714,904	—	$1,830,491	$39,764	$4,492,082
Douglas Horne	—	$793,654	—	$646,632	—	$996,885	—	$2,437,171
Douglas E. Horne	Former CFO The amount reported may vary from the approved annual base salary rate because the salary reported in the table is based on the actual number of weekly pay periods in a year and reflects any mid-year increases as disclosed in the Compensation Discussion and Analysis above. The amounts in this column reflect the aggregate grant date fair value of the stock awards for each year pursuant to ASC 718. Additional details on accounting for stock-based compensation can be found in Note 12 (Supplemental equity and other information) to our consolidated financial statements contained in our 2024 Annual Report on Form 10-K. Pursuant to ASC 718, for each year, the number of shares and the grant date fair value of the 2022 PSUs includes the portion of the 2022 PSUs eligible for vesting for the respective annual performance period The maximum grant date fair values of the 2022 PSUs assigned to the 2024 performance period were $429,808 for Mr. Reed and $143,268 for Mr. Horne. Includes the cash incentive payments received under the 2024 ABP ($896,091 for Mr. Reed and $638,700 for Mr. Horne), the portion of the 2023 CPUs eligible for vesting for the 2024 performance period based on 2024 actual performance ($467,200 for Mr. Reed and $179,093 for Mr. Horne) and the portion of the 2024 CPUs eligible for vesting for the 2024 performance period based on 2024 actual performance ($467,200 for Mr. Reed and $179,092 for Mr. Horne). Includes $19,464 and $20,299 in costs related to personal security for Mr. Reed and supplemental payment for the incremental tax impact, respectively. The sum on the table above may differ slightly due to rounding.	$793,654	—	$646,632	—	$996,885	—	$2,437,171

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Michael Reed	CEO	$900,000	—	$1,697,623	—	$1,264,609	—	$3,862,232
Michael E. Reed	CEO	$900,000	—	$1,697,623	—	$1,264,609	—	$3,862,232
Douglas E. Horne	Former CFO The amount reported may vary from the approved annual base salary rate because the salary reported in the table is based on the actual number of weekly pay periods in a year and reflects any mid-year increases as disclosed in the Compensation Discussion and Analysis above. The amounts in this column reflect the aggregate grant date fair value of the stock awards for each year pursuant to ASC 718. Additional details on accounting for stock-based compensation can be found in Note 12 (Supplemental equity and other information) to our consolidated financial statements contained in our 2024 Annual Report on Form 10-K. Pursuant to ASC 718, for each year, the number of shares and the grant date fair value of the 2022 PSUs includes the portion of the 2022 PSUs eligible for vesting for the respective annual performance period The maximum grant date fair values of the 2022 PSUs assigned to the 2024 performance period were $429,808 for Mr. Reed and $143,268 for Mr. Horne. Includes the cash incentive payments received under the 2024 ABP ($896,091 for Mr. Reed and $638,700 for Mr. Horne), the portion of the 2023 CPUs eligible for vesting for the 2024 performance period based on 2024 actual performance ($467,200 for Mr. Reed and $179,093 for Mr. Horne) and the portion of the 2024 CPUs eligible for vesting for the 2024 performance period based on 2024 actual performance ($467,200 for Mr. Reed and $179,092 for Mr. Horne). Includes $19,464 and $20,299 in costs related to personal security for Mr. Reed and supplemental payment for the incremental tax impact, respectively. The sum on the table above may differ slightly due to rounding.	$775,000	—	$640,873	—	$752,298	$330,071	$2,498,242
Douglas Horne	CFO The amounts in this column reflect the aggregate grant date fair value of the stock awards for each year pursuant to ASC 718. Additional details on accounting for stock-based compensation can be found in Note 12 (Supplemental equity and other information) to our consolidated financial statements contained in our 2023 Annual Report on Form 10-K. Pursuant to ASC 718, for 2023 and 2022, the number of shares and the grant date fair value of the 2022 PSUs includes the portion of the 2022 PSUs eligible for vesting for the 2023 annual performance period and 2022 annual performance period, respectively. The number of shares and grant date fair values of the 2022 PSUs eligible for vesting for the 2024 annual performance period will be reported in 2024 using a grant date when the performance target for the 2024 annual performance period is set by the Compensation Committee. The maximum grant date fair values of the 2022 PSUs assigned to the 2023 performance period are $395,247 for Mr. Reed and $131,749 for Mr. Horne. Includes the cash incentive payments received under the 2023 ABP ($875,559 for Mr. Reed and $603,163 for Mr. Horne) and the portion of the 2023 CPUs eligible for vesting for the 2023 performance period based on 2023 actual performance ($389,050 for Mr. Reed and $191,666 for Mr. Horne). Includes cash incentive payments received under the ABP for 2021. Includes a relocation benefit and associated tax gross-up in line with our relocation guidelines.	$775,000	—	$640,873	—	$752,298	$330,071	$2,498,242

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Michael Reed	CEO	$859,615	$513,652	$1,999,998	—	—	$6,184	$3,379,449
Michael E. Reed	CEO	$859,615	$513,652	$1,999,998	—	—	$6,184	$3,379,449
Douglas E. Horne	Former CFO The amount reported may vary from the approved annual base salary rate because the salary reported in the table is based on the actual number of weekly pay periods in a year and reflects any mid-year increases as disclosed in the Compensation Discussion and Analysis above. The amounts in this column reflect the aggregate grant date fair value of the stock awards for each year pursuant to ASC 718. Additional details on accounting for stock-based compensation can be found in Note 12 (Supplemental equity and other information) to our consolidated financial statements contained in our 2024 Annual Report on Form 10-K. Pursuant to ASC 718, for each year, the number of shares and the grant date fair value of the 2022 PSUs includes the portion of the 2022 PSUs eligible for vesting for the respective annual performance period The maximum grant date fair values of the 2022 PSUs assigned to the 2024 performance period were $429,808 for Mr. Reed and $143,268 for Mr. Horne. Includes the cash incentive payments received under the 2024 ABP ($896,091 for Mr. Reed and $638,700 for Mr. Horne), the portion of the 2023 CPUs eligible for vesting for the 2024 performance period based on 2024 actual performance ($467,200 for Mr. Reed and $179,093 for Mr. Horne) and the portion of the 2024 CPUs eligible for vesting for the 2024 performance period based on 2024 actual performance ($467,200 for Mr. Reed and $179,092 for Mr. Horne). Includes $19,464 and $20,299 in costs related to personal security for Mr. Reed and supplemental payment for the incremental tax impact, respectively. The sum on the table above may differ slightly due to rounding.	$686,539	$328,738	$1,166,663	—	—	$16,184	$2,198,124
Douglas Horne	CFO The amounts in this column reflect the aggregate grant date fair value of the stock awards for each year pursuant to ASC 718. Additional details on accounting for stock-based compensation can be found in Note 12 (Supplemental equity and other information) to our consolidated financial statements contained in our 2023 Annual Report on Form 10-K. Pursuant to ASC 718, for 2023 and 2022, the number of shares and the grant date fair value of the 2022 PSUs includes the portion of the 2022 PSUs eligible for vesting for the 2023 annual performance period and 2022 annual performance period, respectively. The number of shares and grant date fair values of the 2022 PSUs eligible for vesting for the 2024 annual performance period will be reported in 2024 using a grant date when the performance target for the 2024 annual performance period is set by the Compensation Committee. The maximum grant date fair values of the 2022 PSUs assigned to the 2023 performance period are $395,247 for Mr. Reed and $131,749 for Mr. Horne. Includes the cash incentive payments received under the 2023 ABP ($875,559 for Mr. Reed and $603,163 for Mr. Horne) and the portion of the 2023 CPUs eligible for vesting for the 2023 performance period based on 2023 actual performance ($389,050 for Mr. Reed and $191,666 for Mr. Horne). Includes cash incentive payments received under the ABP for 2021. Includes a relocation benefit and associated tax gross-up in line with our relocation guidelines.	$686,539	$328,738	$1,166,663	—	—	$16,184	$2,198,124

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Michael E. Reed	CEO	$900,000	—	$6,074,000	—	$767,052	—	$7,741,052
Michael Reed	CEO	$900,000	—	$6,074,000	—	$767,052	—	$7,741,052
Douglas E. Horne	CFO The amounts in this column reflect the aggregate grant date fair value of the stock awards for each year pursuant to ASC 718. Additional details on accounting for stock-based compensation can be found in Note 12 (Supplemental equity and other information) to our consolidated financial statements contained in our 2023 Annual Report on Form 10-K. Pursuant to ASC 718, for 2023 and 2022, the number of shares and the grant date fair value of the 2022 PSUs includes the portion of the 2022 PSUs eligible for vesting for the 2023 annual performance period and 2022 annual performance period, respectively. The number of shares and grant date fair values of the 2022 PSUs eligible for vesting for the 2024 annual performance period will be reported in 2024 using a grant date when the performance target for the 2024 annual performance period is set by the Compensation Committee. The maximum grant date fair values of the 2022 PSUs assigned to the 2023 performance period are $395,247 for Mr. Reed and $131,749 for Mr. Horne. Includes the cash incentive payments received under the 2023 ABP ($875,559 for Mr. Reed and $603,163 for Mr. Horne) and the portion of the 2023 CPUs eligible for vesting for the 2023 performance period based on 2023 actual performance ($389,050 for Mr. Reed and $191,666 for Mr. Horne). Includes cash incentive payments received under the ABP for 2021. Includes a relocation benefit and associated tax gross-up in line with our relocation guidelines.	$600,000	—	$581,318	—	$562,380	$10,000	$1,753,698
Douglas Horne	CFO The amounts in this column reflect the aggregate grant date fair value of the stock awards for each year pursuant to ASC 718. Additional details on accounting for stock-based compensation can be found in Note 12 (Supplemental equity and other information) to our consolidated financial statements contained in our 2023 Annual Report on Form 10-K. Pursuant to ASC 718, for 2023 and 2022, the number of shares and the grant date fair value of the 2022 PSUs includes the portion of the 2022 PSUs eligible for vesting for the 2023 annual performance period and 2022 annual performance period, respectively. The number of shares and grant date fair values of the 2022 PSUs eligible for vesting for the 2024 annual performance period will be reported in 2024 using a grant date when the performance target for the 2024 annual performance period is set by the Compensation Committee. The maximum grant date fair values of the 2022 PSUs assigned to the 2023 performance period are $395,247 for Mr. Reed and $131,749 for Mr. Horne. Includes the cash incentive payments received under the 2023 ABP ($875,559 for Mr. Reed and $603,163 for Mr. Horne) and the portion of the 2023 CPUs eligible for vesting for the 2023 performance period based on 2023 actual performance ($389,050 for Mr. Reed and $191,666 for Mr. Horne). Includes cash incentive payments received under the ABP for 2021. Includes a relocation benefit and associated tax gross-up in line with our relocation guidelines.	$600,000	—	$581,318	—	$562,380	$10,000	$1,753,698

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Douglas Horne	CFO & CAO	$445,385	$600,000	$601,333	—	—	$218,595	$1,865,313
Douglas E. Horne	CFO & CAO	$445,385	$600,000	$601,333	—	—	$218,595	$1,865,313

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kirk Davis	(COO)	$507,692	—	$850,000	—	—	$1,470,048	$2,852,974
Paul Bascobert	(Former CEO, Gannett Media Corp.)	$86,442	$725,000	—	—	—	—	$811,442
Alison K. Engel	(Former CFO & CAO)	$71,538	—	—	—	$480,000	$3,462	$555,000

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kirk Davis	(COO)	$550,000	$400,000	$750,006	—	—	$3,092	$1,703,098

Executive changes

Person	Role	Change	Effective	Filed
Timothy Allen	member of the Board	Appointed	2026-09-15	2026-09-15
Trisha Gosser	Chief Financial Officer	Appointed	2025-03-18	2025-03-18
Cindy Gallagher	Controller and Chief Accounting Officer ("CAO") and as its Principal Accounting Officer ("PAO")	Appointed	2023-08-11	2023-08-11

Leadership

Michael E. Reed CEO, Board Member
Michael Reed CEO, Board Member
Douglas E. Horne CFO, Chief Accounting Officer
Douglas Horne CFO
Trisha Gosser CFO
Kirk Davis COO
Cindy Gallagher Chief Accounting Officer
Amy Reinhard Board Member
Barbara W. Wall Board Member
Debra A. Sandler Board Member
John Jeffry Louis III Board Member
Kevin M. Sheehan Board Member
Laurence Tarica Board Member
Maha Al-Emam Board Member
Theodore P. Janulis Board Member
Timothy Allen Board Member

Key facts CIK 1579684 CUSIP 36472T109 13F (30d) 40 filings 34 filers Visit website Investor relations