Form 4: Gray Media Director Forfeits Shares for Tax Settlement
Insider Transaction Report
Gray Media Director Robin Robinson Howell reported a forfeiture of 28,578 Class A Common Stock shares for net settlement purposes at $9 per share.
Summary
- Robin Robinson Howell, a Director at Gray Media, Inc. (GTN), reported a transaction on December 1, 2025.
- The transaction involved the forfeiture of 28,578 shares of Class A Common Stock.
- This forfeiture was for the purpose of net settlement, with a reported price of $9 per share.
- Following this transaction, direct beneficial ownership includes 81,635 shares of Class A Common Stock and 140,854 shares of Common Stock.
- Indirect beneficial ownership includes 3,697,452 shares of Class A Common Stock through a spouse, 500 shares of Class A Common Stock through children, and 999,000 shares of Class A Common Stock through a trust for children.
- Additional indirect beneficial ownership includes 832,500 shares of Common Stock through a trust for children, 617,609 shares of Common Stock through a spouse, and 17,972 shares of Common Stock through a 401(k) Plan.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction (forfeiture for tax settlement) which is generally neutral in sentiment and does not indicate a significant positive or negative development for the company or its stock.
Negatives
- Direct beneficial ownership of Class A Common Stock decreased by 28,578 shares due to the forfeiture.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This insider transaction report (Form 4) details a routine event for a director and does not provide information relevant to broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: Minimal impact, as this is a routine tax-related transaction by a director and does not signal a change in company fundamentals or strategy.
Key Dates
| Date | Description |
|---|---|
| 12/01/2025 | Date of the reported transaction (forfeiture of restricted stock). |
| 12/03/2025 | Date the Form 4 filing was signed. |
Keywords
Gray Media, GTN, Form 4, Insider Transaction, Stock Forfeiture, Director, Net Settlement
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.