Form 4: Gray Television Director Richard Boger Reports Stock Grant

Sentiment:

SEC Form 4 Filing


Richard Lee Boger, a director at Gray Television Inc., reported the acquisition of 23,739 shares of common stock on May 8, 2024, as a grant.

Summary

  • On May 8, 2024, Richard Lee Boger, a director at Gray Television Inc., acquired 23,739 shares of common stock.
  • The acquisition was a grant, with a price of $0.00 per share.
  • Following the transaction, Boger directly owns 71,347 shares of common stock.
  • Boger also indirectly owns 6,591 shares of Class A Common Stock and 2,092 shares as custodian for grandchildren.
  • The restricted stock vests in full on April 30, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a stock grant to a director. While insider ownership is generally viewed positively, this specific event doesn't dramatically shift the outlook.

Positives

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

Future Outlook

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

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

  • The stock grant to a director could have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
05/08/2024Date of transaction: Richard Boger acquired 23,739 shares of Gray Television common stock.
04/30/2025Vesting date for the restricted stock grant.
05/10/2024Date of signature on the Form 4 filing.

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