Form 4: Gray Television Director Howell Newton Acquires Shares Through Restricted Stock Grant

Sentiment:

SEC Form 4 Filing


Director Howell Newton acquired 23,739 shares of Gray Television Inc. common stock through a restricted stock grant on May 8, 2024.

Summary

  • On May 8, 2024, Howell Newton, a director of Gray Television Inc., acquired 23,739 shares of common stock.
  • This acquisition was a result of a restricted stock grant.
  • The grant vests in full on April 30, 2025.
  • Following the transaction, Newton directly owns 92,252 shares of Gray Television Inc. common stock.
  • Newton also disposed of 22,195 Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of shares by a director is generally viewed as a mildly positive sign, but it's not a major event.

Positives

  • The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, such as directors, who trade in their company's stock. It provides transparency to the market regarding insider transactions.

Key Dates

DateDescription
05/08/2024Date of transaction: Howell Newton acquired 23,739 shares of common stock through a restricted stock grant.
04/30/2025Vesting date: The restricted stock grant vests in full.
05/10/2024Date of signature on the Form 4 filing.

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