Form 4: Gray Media Director Richard Lee Boger Sells 16,000 Shares

Director Richard Lee Boger sold 16,000 shares of Gray Media, Inc. (GTN) common stock at an average price of $3.847 on February 28, 2025.

Summary

• On February 28, 2025, Richard Lee Boger, a director of Gray Media, Inc. (GTN), sold 16,000 shares of common stock.
• The sale was executed at a weighted average price of $3.847 per share, with individual transactions ranging from $3.840 to $3.865.
• Following the transaction, Boger directly owns 55,347 shares of common stock and indirectly owns 2,092 shares through a custodian account for grandchildren.
• Boger also directly owns 6,591 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a director's stock sale. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale based on their own analysis.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, or any individuals owning more than 10% of a company's shares) buy or sell the company's securities. These filings provide transparency into insider transactions, allowing investors to monitor the actions of those with privileged information.

Stakeholder Impact

• Shareholders may react to the director's stock sale, potentially influencing the stock price.

Key Dates