Fort Baker Dumps 1.68 Million TEGNA Shares Worth $34.3 Million

On February 17, 2026, Fort Baker Capital Management LP disclosed in an SEC filing that it sold its entire stake in TEGNA (TGNA 0.32%).What happenedAccording to a recent SEC filing dated February 17, 2026, Fort Baker Capital Management LP sold its entire position in TEGNA, reducing its holding by 1,678,588 shares. The estimated transaction value for the sale was $34.30 million, calculated using the quarter’s average share price. The net position change of $34.30 million indicates the total shift in value, wh ...