Form 4: Gray Television Director Richard Boger Reports Stock Disposals

Director Richard Lee Boger of Gray Television Inc. reports disposing of common stock to cover tax obligations, while maintaining significant holdings.

Summary

• On April 30, 2024, Richard Lee Boger, a director of Gray Television Inc., reported a transaction involving the disposal of 12,522 shares of common stock.
• The disposal was conducted to cover tax obligations, with the shares being disposed of at a price of $5.75.
• Following the transaction, Boger directly owns 47,608 shares of common stock and 6,591 shares of Class A Common Stock.
• Boger also indirectly owns 2,092 shares of Class A Common Stock as custodian for grandchildren.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document primarily reports a routine transaction (stock disposal for tax obligations) by a company director. It doesn't inherently indicate positive or negative sentiment regarding the company's performance or future prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common and don't necessarily indicate a negative outlook on the company.

Key Dates