Form 4: Gray Media Executive Vice President Sandra Breland McNamara Reports Stock Disposal

Sandra Breland McNamara, Executive Vice President and COO of Gray Media, Inc., reported the disposal of 30,869 shares of common stock to cover tax obligations, while also holding 544,509 shares directly and 1,905 shares indirectly through a 401(k).

Summary

• On February 28, 2025, Sandra Breland McNamara, Executive Vice President and COO of Gray Media, Inc., disposed of 30,869 shares of common stock.
• The transaction was related to tax obligations and the shares were disposed of at a price of $3.76.
• Following the transaction, McNamara directly owns 544,509 shares of Gray Media, Inc.
• McNamara also indirectly owns 1,905 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports a stock disposal for tax obligations, which is a routine transaction.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant given the relatively small number of shares disposed of compared to the total outstanding shares.

Key Dates