Form 4: Graham Holdings Executive VP Jacob Maas Reports Stock Award and Tax Withholding
SEC Form 4 Filing
Executive VP Jacob Maas of Graham Holdings Co. reports receiving restricted stock and the withholding of shares for tax obligations.
Summary
- On January 2, 2025, Jacob Maas, Executive VP of Graham Holdings Co., reported a transaction involving Class B Common Stock.
- Maas acquired 430 shares of Class B Common Stock as a restricted stock award under the company's incentive plan.
- Simultaneously, 257 shares were withheld to cover the tax liability associated with the vesting and settlement of restricted stock previously awarded on January 4, 2021.
- The price per share for the tax withholding was $871.87.
- Following these transactions, Maas directly owns 4,725 shares of Class B Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Positives
- The awarding of restricted stock to an executive can be seen as a positive sign, aligning the executive's interests with those of the shareholders.
Future Outlook
The document does not contain any forward-looking statements.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders may be interested in the details of executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 01/04/2021 | Date of previous restricted stock award that led to the tax liability. |
| 01/02/2025 | Date of the reported transaction: stock award and tax withholding. |
| 01/06/2025 | Date of signature on the Form 4 filing. |
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