Welcome to our dedicated page for Boston Omaha SEC filings (Ticker: BOC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Boston Omaha Corporation (NYSE: BOC) files a range of documents with the U.S. Securities and Exchange Commission that provide detailed insight into its operations in outdoor advertising, broadband telecommunications services, surety insurance, and asset management. This page brings together those SEC filings and pairs them with AI-generated summaries to help readers interpret the information more quickly.
Through its Annual Reports on Form 10-K, Boston Omaha discloses full-year financial results, including revenues from Billboard Rentals, Net; Broadband Services; Premiums Earned; Insurance Commissions; and Investment and Other Income, as well as discussion of net loss from operations, net other income or expense, and balance sheet metrics. Quarterly Reports on Form 10-Q provide interim updates on the same categories, along with commentary on factors such as investment gains and losses and equity method results related to holdings like Sky Harbour Group Corporation.
Current Reports on Form 8-K document material events, including earnings press releases, adoption of a share repurchase program for Class A common stock, changes in the independent registered public accounting firm, annual meeting results, and other corporate developments. Proxy materials on Schedule 14A describe governance matters such as director elections, advisory votes on executive compensation, and auditor ratification.
For users interested in insider and governance-related information, the filings also address topics like noncontrolling interests tied to third party capital within the company’s asset management funds, remediation of previously identified internal control weaknesses, and the structure of Boston Omaha’s Class A and Class B common stock.
On this page, AI tools highlight key points from lengthy filings, explain technical accounting or governance disclosures in simpler language, and help readers locate items such as 10-K and 10-Q reports, 8-K event disclosures, and proxy statements relevant to Boston Omaha’s multi-segment business.
Boston Omaha Corporation (BOC) reported an insider equity award to a board member. On 11/24/2025, a director acquired 4,894 shares of Class A common stock at a price of $12.26 per share, as shown in a Form 4 filing. These shares were granted under the company’s 2022 Long-Term Incentive Plan as compensation for services on the Board of Directors and are described as fully vested due to being issued later in the year than typical director option grants. Following this transaction, the director beneficially owns 6,894 shares of Class A common stock in total, held directly.
Boston Omaha Corporation director David Graff reported receiving 4,894 shares of Class A common stock on 11/24/2025 for services on the Board of Directors under the company’s 2022 Long-Term Incentive Plan. The grant was made later in the year than usual director option grants and is fully vested. The shares were reported at a price of $12.26 per share, bringing Graff’s directly held Class A shares to 5,894, with an additional 1,000 shares held indirectly through his spouse.
Boston Omaha Corporation (BOC) director Brendan J. Keating reported a new equity award on a Form 4. On 11/24/2025, he was granted 4,894 shares of Class A common stock at a price of $12.26 per share under the company’s 2022 Long-Term Incentive Plan for his service on the Board of Directors. Because the grant was issued later in the year than director option grants are typically issued, the shares are described as fully vested.
Following this grant, Keating directly owns 13,694 Class A shares and has additional indirect beneficial ownership of 92,400 shares held by Rosecrest Trust, where he is trustee, and 45,800 shares held in a 401(k) account for his benefit.
Boston Omaha Corporation (BOC) director Frank H. Kenan II reported a stock grant on a Form 4. On 11/24/2025, he was awarded 4,894 shares of Class A common stock at $12.26 per share under the Boston Omaha Corporation 2022 Long-Term Incentive Plan for his services on the Board of Directors. Because the grant was issued later in the year than director option grants are typically issued, the shares are described as fully vested.
Following this transaction, Kenan beneficially owns 9,644 Class A shares directly. He also has indirect beneficial ownership of 197,804 shares through KD Capital, L.P. and 103,390 shares through a trust for which he is both trustee and a beneficiary.
Boston Omaha Corporation (BOC) reported that a director received an equity grant of Class A common stock. On 11/24/2025, the reporting person was granted 4,894 shares of Class A common stock at a price of $12.26 per share under the company’s 2022 Long-Term Incentive Plan for service on the Board of Directors. The filing notes that, because the award was issued later in the year than director option grants are typically issued, these shares are fully vested. Following this grant, the director beneficially owns 49,644 shares directly.
Boston Omaha Corporation (BOC) reported an equity award to a board member. On 11/24/2025, the reporting person received 4,894 shares of Class A common stock at $12.26 per share under the company’s 2022 Long-Term Incentive Plan for service on the Board of Directors. The filing states these shares were issued later in the year than director option grants are typically issued and therefore are fully vested. Following this grant, the director beneficially owns 19,644 Class A shares in direct ownership.
Boston Omaha Corporation announced that its Board of Directors has approved a share repurchase program authorizing the company to buy back up to $30 million of its Class A common stock. Repurchases may be made from time to time in the open market, through privately negotiated transactions, or by other methods that comply with Rule 10b-18 under the Securities Exchange Act of 1934. The Board also authorized the company to use Rule 10b5-1 trading plans, which can allow repurchases to proceed under pre-set trading instructions. The program will begin on or about November 18, 2025 and is scheduled to run through December 31, 2026, although the Board may end it earlier. The company is not required to buy any minimum number of shares and will limit daily repurchases to no more than 25% of the stock’s average daily trading volume over the prior 20 trading days.
Boston Omaha Corporation furnished a press release and investor presentation announcing its third quarter 2025 financial results. The materials are included as Exhibits 99.1 and 99.2 and were posted on the company’s website. In accordance with General Instruction B.2, this information is furnished and shall not be deemed “filed” under Section 18 of the Exchange Act or incorporated by reference except as specifically stated.
Boston Omaha Corporation reported Q3 2025 results showing steady top-line growth but a wider quarterly loss. Total revenues were $28.7 million, up from $27.7 million in Q3 2024, led by billboard rentals $11.8 million, broadband services $10.2 million, and insurance premiums earned $5.6 million. Net loss attributable to common stockholders was $2.6 million (basic and diluted -$0.08) versus $1.6 million (basic and diluted -$0.05) a year ago, reflecting higher depreciation and an other investment loss.
For the nine months ended September 30, 2025, revenue reached $84.7 million (from $80.3 million), and net loss attributable to common stockholders improved to $5.6 million (from $6.6 million). Operating cash flow was $12.1 million, with cash, cash equivalents, and restricted cash of $56.2 million at period-end. Total assets were $721.4 million and total liabilities $173.4 million.
Equity-method and investment marks affected results: Q3 2025 included equity in loss of unconsolidated affiliates of $0.6 million and other investment loss of $3.2 million. As of November 12, 2025, shares outstanding were 30,872,876 Class A and 580,558 Class B.
Boston Omaha Corp: BlackRock, Inc. filed Amendment No. 1 to Schedule 13G reporting beneficial ownership of 1,527,816 Class A shares, representing 4.9% of the class as of 09/30/2025. BlackRock reports sole voting power over 1,488,458 shares and sole dispositive power over 1,527,816 shares; no shared voting or dispositive power.
BlackRock certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. The filing notes ownership of five percent or less of the class.