Form 4: Gray Television Executive Kevin Latek Reports Stock Transactions

EVP and Chief L&D Officer of Gray Television, Kevin Paul Latek, reports disposition of shares to cover tax obligations and updates holdings in 401(k) plan.

Summary

• Kevin Paul Latek, an EVP and Chief L&D Officer at Gray Television Inc., filed a Form 4 on March 1, 2024, reporting changes in beneficial ownership of the company's stock.
• On February 29, 2024, Latek disposed of 18,357 shares of common stock at a price of $5.84 per share to satisfy tax obligations.
• Latek directly owns 683,676 shares of Gray Television's common stock following the transaction.
• Latek also indirectly owns 2,939 shares of common stock through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions. It doesn't convey strong positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the executive's stock transactions and holdings in Gray Television.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in insider ownership.

Key Dates