Alexander KarpAlexander Karp earned $1B in 2024

In 2018, David T. Lougee earned $3.56M in total compensation at Tegna, including $950.00K salary, $1.00M bonus and $1.61M in stock. Most recently sold 98,437 shares in Jul 2024. Currently holds stock worth $24.45M. Led Tegna as CEO for 2 years.

Compensation History

Annual executive compensation data for David T. Lougee, including salary, bonuses, and stock awards.

Year

2018

Total Compensation

$3.56M

Salary

$950.00K

Bonus

$1.00M

Other

$0.00

Salary

$950.00K

Board Justification

The compensation philosophy emphasizes pay for performance, aligning executive compensation with the Company’s financial performance and strategic goals, while also considering market competitiveness and retention strategies.

Bonus

$1.00M

Board Justification

The annual bonus for 2018 reflected the Committee’s assessment of Mr. Lougee’s performance, including his achievement of key performance indicators (KPIs) and the Company’s financial performance.

Other Compensation

$0.00

Board Justification

No other compensation was reported for 2018.

Restricted Stock

$1.61M148.34K Performance Shares

Board Justification

Performance Shares granted in 2018 represent the right to receive shares of Company common stock at the end of a three-year service period ending February 28, 2021, if performance goals are satisfied during a two-year performance cycle ending December 31, 2019.

Performance Metrics

The performance metrics for 2018 included total revenues, operating income, net income, earnings per share, Adjusted EBITDA, EBITDA margins, subscription revenue, and free cash flow as a percentage of revenue.

T

David T. Lougee

Ex-CEO of Tegna

Education

Bachelor's degree from the University of Wisconsin-Madison

Field of Expertise

Media & Entertainment - Broadcasting

Sector of Economy

Communication Services

Born

March 15, 1963 - 62 years ago

CEO of Tegna for

2 years 10 months (Jun 2017 - Apr 2020)

Previous Experience

President of Broadcasting at TEGNA Inc.

Holdings

Track David T. Lougee's stock holdings and portfolio value over time.

Total Stock Sold

$6.31M

TGNA

$6.31M

425,000 TGNA shares

What if they kept their stock?

If David T. Lougee didn't sell their stock, today they would have:
Extra TGNA425,000 shares worth $8.14M.
This is 29.05% and $1.83M more than what they got when they sold the stock.

Insider Trading

David T. Lougee's recent stock transactions, purchases, and sales filed with the SEC.

TGNA

$1.38M

TGNA at $13.98/share

Jul 1, 2024

Sale

TGNA

$493.51K

TGNA at $15.04/share

May 16, 2024

Sale

TGNA

$643.13K

TGNA at $14.70/share

Apr 1, 2024

Sale

TGNA

$2.28M

TGNA at $15.21/share

Feb 5, 2024

Sale

TGNA

$1.54M

TGNA at $15.38/share

Nov 30, 2023

Sale

TGNA

122,735 shares

TGNA

Jan 27, 2020

Received

TGNA

4,484 shares

TGNA

Jan 25, 2019

Received

TGNA

8,428 shares

TGNA

Jan 19, 2018

Received

TGNA

23,109 shares

TGNA

Dec 31, 2017

Received

TGNA

30,837 shares

TGNA

Jan 30, 2017

Received

Rivals

Compare David T. Lougee with competitor CEOs and industry peers.