Form 4: Gray Television Director Howell Robin Robinson Reports Acquisition of 10,000 Shares

Director Howell Robin Robinson reported the acquisition of 10,000 shares of Gray Television Inc. Class A Common Stock at a weighted average price of $8.0934 on March 28, 2024.

Summary

• On March 28, 2024, Howell Robin Robinson, a director of Gray Television Inc., acquired 10,000 shares of Class A Common Stock at a weighted average price of $8.0934.
• The shares were purchased in multiple transactions with prices ranging from $7.9633 to $8.4479 per share.
• Following the transaction, Robinson directly owns 81,635 shares of Class A Common Stock and indirectly owns 2,982,386 shares through a spouse, trusts for children, and a spouse's 401(k) plan.
• The holdings under the 401(k) Plan have been updated to reflect the reporting person's current balance in the 401(k) Plan.

Sentiment

Score: 5

Explanation: The document itself is neutral, simply reporting a transaction. The sentiment is slightly positive as a director purchasing shares can be seen as a sign of confidence, but it's a relatively small transaction.

Positives

• The director's purchase of shares could be interpreted as a positive signal about their confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. Investors often monitor these filings for signals about management's sentiment regarding the company's stock.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates