Form 4: Gray Media Director Howell Newton Reports Stock Grant and Disposals
SEC Filing
Director Howell Newton reported the acquisition of 43,011 shares of Common Stock via a grant and the disposal of 22,195 shares of Class A Common Stock.
Summary
- Howell Newton, a director of Gray Media, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On May 7, 2025, Newton acquired 43,011 shares of Common Stock through a grant.
- The grant was acquired at a price of $0.
- These restricted stocks vest in full on April 30, 2026.
- On the same date, Newton disposed of 22,195 shares of Class A Common Stock.
- Following these transactions, Newton directly owns 114,524 shares of Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document primarily reports transactions without expressing an opinion on the company's performance or future prospects. The grant is a positive, but the disposal is a negative.
Positives
- The acquisition of shares via a grant could be seen as a positive sign, indicating confidence in the company's future.
Negatives
- The disposal of 22,195 shares of Class A Common Stock could be interpreted negatively, although the reason for disposal is not specified.
Risks
- The Form 4 filing itself doesn't inherently indicate risks, but the disposal of shares could raise questions if it signals a change in the director's outlook on the company.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The information is relevant to investors tracking insider sentiment and potential shifts in ownership.
Stakeholder Impact
- Shareholders may be interested in the director's transactions as an indicator of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/07/2025 | Date of the stock grant and disposal of shares. |
| 05/09/2025 | Date of signature on the Form 4 filing. |
| 04/30/2026 | Vesting date for the restricted stock grant. |
Keywords
Form 4, beneficial ownership, Gray Media, GTN, director, Howell Newton, stock grant, stock disposal, restricted stock, vesting
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