Form 4: Gray Television Inc. Chairman Howell H. Jr. Acquires 10,000 Shares

Chairman, President, and CEO of Gray Television Inc., Howell Hilton H. Jr., reports the acquisition of 10,000 shares of Class A Common Stock on March 28, 2024.

Summary

• On March 28, 2024, Howell Hilton H. Jr., Chairman, President, and CEO of Gray Television Inc., acquired 10,000 shares of Class A Common Stock at a weighted average price of $8.0934 per share.
• The shares were purchased in multiple transactions with prices ranging from $7.9633 to $8.4479 per share.
• Following the transaction, Howell Hilton H. Jr. directly owns 2,982,386 shares of Class A Common Stock.
• He also has indirect ownership through his spouse, children, and trusts for the benefit of his children.
• 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 is a neutral regulatory filing. The sentiment is neither positive nor negative as it simply reports a transaction.

Positives

• The Chairman's purchase of shares may signal confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common in publicly traded companies. It provides transparency into the actions of company executives.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment if interpreted as a sign of confidence from the CEO.

Key Dates