Lemuel Deon Levingston, Co-President of the Audio Division at Urban One, Inc., filed a Form 4 on November 3, 2026, disclosing transactions in Class D shares (NASDAQ:UONEK) dated October 30, 2026.

Key Highlights

  • Restricted stock award: Levingston acquired 20,325 shares of UONEK on October 30, 2026, at $0 per share, pursuant to Rule 16b-3, representing an award valued at $75,000.
  • Share count basis: According to the filing, the number of restricted shares was determined by dividing $75,000 by the October 30, 2026 closing price of $3.69 per Class D share.
  • Tax withholding disposition: 5,641 shares were disposed of on October 30, 2026, at $3.69 per share under transaction code F (payment of exercise price or tax liability).
  • Resulting direct ownership: Following both transactions, Levingston directly held 16,284 shares of UONEK.
  • Stock options awarded: Levingston also acquired 10,202 Stock Options (Class D) at an exercise price of $3.69, exercisable from October 30, 2026 through October 31, 2036, bringing total options held to 19,498.
  • Role: The reporting person is identified as an officer with the title Co-President, Audio Division.

Urban One Co-President Levingston Reports October 2026 Equity Transactions

According to the Form 4 filed with the SEC on November 3, 2026, Lemuel Deon Levingston, Co-President of the Audio Division at Urban One, Inc. (NASDAQ:UONEK), reported two non-derivative transactions and one derivative transaction in the company's Class D common stock, all dated October 30, 2026. The filing was signed by Kristopher Simpson on November 3, 2026, and covers transactions by one reporting person.

The filing discloses that Levingston received an award of 20,325 restricted shares of UONEK at $0 per share under transaction code A. The filing's footnote explains that this grant was "pursuant to Rule 16b-3," and that "the number of shares was determined by dividing $75,000 by the closing price of the Company's Class D shares on October 30, 2026," which the filing states was $3.69. On the same date, 5,641 shares were disposed of under transaction code F at $3.69 per share, reducing his direct holdings to 16,284 shares following both transactions.

In Table II, the filing reports that Levingston acquired 10,202 Stock Options (Class D) at an exercise price of $3.69, with an exercisable date of October 30, 2026 and an expiration date of October 31, 2036. Following this acquisition, the filing shows Levingston directly held 19,498 such options in total. No indirect ownership was reported for any of the transactions disclosed.

What Was Disclosed

Levingston's Form 4 discloses a restricted stock award of 20,325 UONEK Class D shares valued at $75,000, a disposition of 5,641 shares at $3.69, resulting direct ownership of 16,284 shares, and an award of 10,202 stock options expiring October 31, 2036.