4/A: Graham Holdings Director Danielle Y. Conley Acquires Shares Under Director Share Purchase Program

Danielle Y. Conley, a director at Graham Holdings Co, acquired 29 shares of Class B Common Stock through the Director Share Purchase Program at a price of $761.13 per share.

Summary

• This is an amendment to a Form 4 filing made by Danielle Y. Conley, a director at Graham Holdings Co.
• The amendment corrects a typographical error in the price of the shares acquired on April 1, 2024.
• Conley acquired 29 shares of Class B Common Stock at $761.13 per share through the Director Share Purchase Program.
• These shares were acquired as part of the director's election to receive stock in lieu of cash for service as a director.
• Conley also indirectly owns 252 shares through a revocable trust.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction under a standard director compensation program. It's neither particularly positive nor negative, but indicates alignment of director interests with shareholders.

Positives

• The director's participation in the Director Share Purchase Program demonstrates confidence in the company's future.

Industry Context

Director share purchase programs are common in publicly traded companies as they align the interests of directors with those of shareholders.

Stakeholder Impact

• The transaction signals to shareholders that the director has confidence in the company's stock.

Key Dates