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E.W. SCRIPPS Co

For the period ended Mar 22, 2024. Filed Mar 22, 2024.

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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

Mar 22, 2024 · Filed Mar 22, 2024

Use the contents to explore the available documents and sections.

SSP$3.05+3.4%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of

the Securities Exchange Act of 1934

Filed by the Registrant 
Filed by a Party other than the Registrant 
Check the appropriate box:
Preliminary Proxy Statement
Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
Definitive Proxy Statement
Definitive Additional Materials
Soliciting Material under §240.14a-12

THE E.W. SCRIPPS COMPANY

(Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply):  No fee required ☐ Fee paid previously with preliminary materials ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11

NOTICE OF ANNUAL MEETING OF SHAREHOLDERS

PROXY SUMMARY

VOTING MATTERS · BOARD VOTE RECOMMENDATION · PAGE REFERENCE(FOR MORE DETAILS)
Proposal 1Election of DirectorsFOR(each nominee)6
Proposal 2Ratification of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for 2024FOR75
Proposal 3Advisory (Non-Binding) Vote to Approve Named Executive Officer Compensation (Say-on-Pay)FOR77
Proposal 4Approval of Amendment No. 1 to The E.W. Scripps Company 2023 Long-Term Incentive PlanFOR78

The E.W. Scripps Company

312 Walnut Street, Suite 2800

Cincinnati, Ohio 45202

To the Shareholders of The E.W. Scripps Company:

The Annual Meeting of the Shareholders (the "Annual Meeting") of The E.W. Scripps Company (the “Company”) will be held at the Scripps Center, 312 Walnut Street, 10th Floor Conference Center, Cincinnati, Ohio, on Monday, May 6, 2024, at 4:00 PM, Eastern Time, for the following purposes:

  1. to elect directors;

  2. to ratify Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2024;

  3. to hold an advisory (non-binding) vote to approve named executive officer compensation (a “say-on-pay vote”); and

  4. to approve an amendment to The E.W. Scripps Company 2023 Long-Term Incentive Plan.

The shareholders will also transact such other business as may properly come before the Annual Meeting. The Company’s board of directors (the “Board”) has fixed the close of business on March 12, 2024, as the record date for the determination of shareholders who are entitled to notice of and to vote at the Annual Meeting and any adjournment thereof.

We are furnishing our proxy materials to you under Securities and Exchange Commission rules that allow companies to deliver proxy materials to their shareholders on the Internet. On or about March 22, 2024, you were provided with a Notice of Internet Availability of Proxy Materials (“Notice”) and were provided access to our proxy materials over the Internet. The proxy materials include the 2024 Annual Report to Shareholders and the Proxy Statement.

We encourage you to attend the Annual Meeting. However, it is important that your shares be represented whether or not you are personally able to attend the Annual Meeting. Please vote as instructed on the Notice, via the Internet or the telephone, as promptly as possible so as to ensure that your vote is recorded. Alternatively, you may follow the procedures outlined in the Notice to request a paper proxy card to submit your vote by mail. If you attend the meeting and your shares are registered in your name, you may withdraw your proxy at that time and vote your shares in person. If you plan to attend the Annual Meeting and need special assistance because of a disability, please contact the secretary’s office at secretary@scripps.com.

Your proxy is being solicited by the Board. Thank you for investing in The E.W. Scripps Company.

Julie L. McGehee, Esq.

Secretary and Senior Vice President

March 22, 2024

Table of Contents

2024 ANNUAL MEETING4EXECUTIVE COMPENSATION
INTERNET AVAILABILITY OF PROXY MATERIALS42023 Summary Compensation Table53
VOTING PROCEDURES42023 Grants of Plan-Based Awards55
SOLICITATION OF PROXIES52023 Outstanding Equity Awards at Fiscal Year-End56
PROPOSAL 1 – ELECTION OF DIRECTORS62023 Stock Vested58
REPORT ON THE NOMINEES FOR ELECTION TO THE BOARD OF DIRECTORS72023 Pension Benefits58
Description of Retirement Plans58
BOARD DIVERSITY MATRIX122023 Nonqualified Deferred Compensation60
REPORT ON THE SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS13Description of Nonqualified Deferred Compensation Plan60
REPORT ON THE SECURITY OWNERSHIP OF MANAGEMENT15Potential Payments Upon Termination or Change in Control61
PROHIBITION OF HEDGING AND PLEDGING16
REPORT ON THE BOARD OF DIRECTORS AND ITS COMMITTEES17Summary of Various Plans and Arrangements63
CEO Pay Ratio65
SUSTAINABILITY AT SCRIPPS19Pay Versus Performance66
CORPORATE GOVERNANCE342023 Director Compensation70
AUDIT COMMITTEE MATTERS38Description of Director Compensation Program71
REPORT OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS39Cash Compensation71
Equity Compensation71
COMPENSATION & TALENT MANAGEMENT COMMITTEE REPORT40Other Benefits72
1997 Deferred Compensation Plan and Stock Plan for Directors72
COMPENSATION DISCUSSION AND ANALYSIS41
Executive Summary42COMPENSATION & TALENT MANAGEMENT COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION
Objectives of our Compensation Program4273
2023 Compensation Highlights42RELATED PARTY TRANSACTIONS73
Shareholder Engagement and Enhancements to Compensation Program44PROPOSAL 2 – TO RATIFY DELOITTE & TOUCHE LLP AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 202475
Our Compensation Policies and Practices44
Core Compensation Elements45PROPOSAL 3 – ADVISORY (NON-BINDING) VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION77
Base Salary45
Short-Term Incentive45PROPOSAL 4 – VOTE TO APPROVE AMENDMENT NO. 1 to THE E.W. SCRIPPS 2023 LONG-TERM INCENTIVE PLAN78
Long-Term Incentive47
Additional Compensation Policies and Practices49EQUITY COMPENSATION PLAN INFORMATION88
Compensation Recoupment Policy49DELINQUENT SECTION 16 REPORTS89
Stock Ownership Requirements49SHAREHOLDER PROPOSALS FOR 2024 ANNUAL MEETING89
Post-Employment Benefits50OTHER MATTERS90
Health, Welfare and Other Personal Benefits50APPENDIX: AMENDMENT NO. 1 TO THE SCRIPPS LONG-TERM INCENTIVE PLAN92
Employment Agreements, Executive Severance and Change in Control Plan50
Compensation Consultant and Peer Group51
Independent Compensation Consultant51
Compensation Peer Group52
Tax Implications52

THE E.W. SCRIPPS COMPANY

312 Walnut Street

Cincinnati, Ohio 45202

PROXY STATEMENT

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