Form 4: Director Howell Newton Receives Restricted Stock Grant

Director Howell Newton was granted 30,741 shares of Gray Media, Inc. common stock, vesting in April 2027.

Summary

• Director Howell Newton acquired 30,741 shares of Gray Media, Inc. (GTN) common stock.
• The transaction occurred on May 6, 2026.
• The shares were granted as restricted stock with a zero-dollar acquisition price.
• Following this transaction, the director's total direct beneficial ownership increased to 145,265 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of immediate market impact.

Positives

• Increased equity alignment between the director and shareholders through a restricted stock grant.

Negatives

• None identified.

Risks

• The value of the restricted stock grant is subject to future market volatility of Gray Media, Inc. common stock.

Future Outlook

The restricted stock grant is scheduled to vest in full on April 30, 2027.

Management Comments

• The grant represents restricted stock that vests in full on April 30, 2027.

Industry Context

StockSavvy.ai notes that director equity grants are standard corporate governance practices designed to align board member interests with long-term shareholder value in the media and broadcasting sector.

Comparison to Industry Standards

• The use of restricted stock units (RSUs) for director compensation is consistent with standard practices among publicly traded media companies.
• The vesting period of approximately one year is a common retention and alignment mechanism for board members.

Stakeholder Impact

• Shareholders: Increased alignment of director interests with company performance.
• Director: Increased equity stake in the company.

Next Steps

• Vesting of the 30,741 shares on April 30, 2027.

Key Dates

Keywords

Gray Media, GTN, Form 4, Insider Trading, Director Compensation, Restricted Stock