Form 4: Gray Television Director Howell Newton Reports Stock Disposal
SEC Form 4 Filing
Director Howell Newton disposed of 15,652 shares of Gray Television stock to cover tax obligations.
Summary
- On April 30, 2024, Howell Newton, a director of Gray Television Inc., reported a transaction involving the disposal of 15,652 shares of common stock.
- The shares were disposed of at a price of $5.75.
- Following the transaction, Newton directly owns 68,513 shares of common stock and 22,195 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and are closely watched by investors for signals about a company's prospects.
Stakeholder Impact
- The disposal of shares by a director could be perceived negatively by some shareholders, although it is a common practice to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Date of transaction: Disposal of common stock. |
| 05/02/2024 | Date of report filing. |
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