Form 4: Graham Holdings Director Acquires Shares Through Director Share Purchase Program
SEC Form 4
Christopher C. Davis, a director at Graham Holdings Co, acquired 39 shares of Class B Common Stock through the Director Share Purchase Program on July 1, 2024.
Summary
- On July 1, 2024, Christopher C. Davis, a director of Graham Holdings Co, acquired 39 shares of Class B Common Stock.
- The acquisition was made through the Director Share Purchase Program.
- The price per share was $695.03.
- Following the transaction, Davis directly owns 5,397 shares of Class B Common Stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares indicates confidence in the company, but it's a routine transaction related to compensation.
Positives
- The director's participation in the Director Share Purchase Program demonstrates confidence in the company's future.
Industry Context
Directors purchasing shares in their own company is generally viewed positively by the market, as it signals confidence in the company's prospects. This is a routine transaction related to director compensation.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Christopher C. Davis acquired 39 shares of Class B Common Stock. |
| 07/02/2024 | Date of signature: Nicole Maddrey signed the form on behalf of Christopher C. Davis. |
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