William Edward Harrell Jr., Co-President of Urban One, Inc.'s Audio Division, filed a Form 4 on November 3, 2026, disclosing changes in his beneficial ownership of Urban One Class D shares (UONEK) stemming from transactions on October 30, 2026.

Key Highlights

  • Restricted stock award: Harrell acquired 20,325 shares of UONEK on October 30, 2026, at $0 cost, pursuant to Rule 16b-3, representing a restricted stock grant valued at $75,000 based on the closing price.
  • Tax withholding disposition: 6,870 shares were disposed of on the same date under transaction code F at $0, reducing his direct holdings to 23,950 shares following both transactions.
  • Closing price used: According to the filing, the number of restricted shares was determined by dividing $75,000 by the Class D closing price of $3.69 on October 30, 2026.
  • Stock options awarded: Harrell also acquired 10,202 Stock Options (Class D) on October 30, 2026, with an exercise price of $3.69, exercisable from October 30, 2026, through October 31, 2036.
  • Post-transaction option holdings: Following the award, Harrell beneficially owned 21,462 Class D stock options directly.
  • Reporting person role: Harrell is identified in the filing as Co-President, Audio Division of Urban One, Inc., listed on NASDAQ:UONEK.

Urban One Co-President Harrell's October 2026 Equity Transactions Detailed

According to the Form 4 filed on November 3, 2026, William Edward Harrell Jr. reported two non-derivative security transactions on October 30, 2026, both involving Urban One, Inc. Class D common shares (NASDAQ:UONEK). The first was an acquisition of 20,325 shares at a price of $0, coded as an award (transaction code A). The filing states this represents "an award of restricted stock, pursuant to Rule 16b-3," with the share count determined by dividing $75,000 by the Class D closing price of $3.69 on October 30, 2026.

The second transaction, coded F, reflects a disposition of 6,870 shares at $0 on the same date, which is a form of share withholding typically associated with tax obligations at vesting. Following both transactions, the filing reports Harrell directly held 23,950 shares of UONEK.

In addition, the filing discloses that Harrell acquired 10,202 Stock Options (Class D) on October 30, 2026, at an exercise price of $3.69 per share. The options became exercisable on October 30, 2026, and expire on October 31, 2036, according to the filing. After this grant, Harrell's total direct beneficial ownership of Class D stock options stood at 21,462, the filing shows. The Form 4 was signed by Kristopher Simpson on November 3, 2026, on behalf of the reporting person.

What Was Disclosed

Harrell's Form 4 disclosed a restricted stock award of 20,325 UONEK shares and an options grant of 10,202 Class D stock options on October 30, 2026, alongside a disposition of 6,870 shares, leaving him with 23,950 shares and 21,462 options held directly.