Graham Holdings (NYSE: GHC) director takes 21 Class B shares as fee compensation

Rhea-AI Filing Summary

Graham Holdings Co director Anne M. Mulcahy reported receiving 21 shares of Class B Common Stock on July 1, 2026. The shares were acquired at a price of $1,161.11 per share through a grant under the Director Share Purchase Program, where she elected to receive director fees in stock instead of cash. After this compensation-related award, an associated revocable trust held 758 shares of Class B Common Stock indirectly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MULCAHY ANNE M

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class B Common Stock	21	$1,161.11	$24K

Holdings After Transaction: Class B Common Stock — 758 shares (Indirect, Revocable Trust)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 21 shares Grant price per share: $1,161.11 per share Shares held after transaction: 758 shares

3 metrics

Shares granted 21 shares Class B Common Stock granted July 1, 2026

Grant price per share $1,161.11 per share Value used for director fee stock election

Shares held after transaction 758 shares Indirectly held by revocable trust after award

Key Terms

Class B Common Stock, Director Share Purchase Program, Revocable Trust, grant/award acquisition

4 terms

Class B Common Stock financial

"21 shares of Class B Common Stock on July 1, 2026"

A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.

Director Share Purchase Program financial

"election under the Director Share Purchase Program to receive a portion of the fees"

Revocable Trust financial

"total of 758.0000 shares, indirect, nature_of_ownership: Revocable Trust"

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

grant/award acquisition financial

"transaction_action: grant/award acquisition"

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 04:58 PM Accepted by SEC EDGAR 07/06/2026 - 04:57 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MULCAHY ANNE M

(Last) (First) (Middle)

C/O GRAHAM HOLDINGS 1812 NORTH MOORE ST.

SUITE 2100

(Street)

ARLINGTON VIRGINIA 22209

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Graham Holdings Co [ GHC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class B Common Stock	07/01/2026		A(1)		21	A	$1,161.11	758	I	Revocable Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Securities acquired pursuant to the Director's election under the Director Share Purchase Program to receive a portion of the fees received for service as a director in stock in lieu of cash.

Remarks:

	Nicole Maddrey for Anne M. Mulcahy	07/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Graham Holdings Co (GHC) report for Anne M. Mulcahy?

Graham Holdings Co reported that director Anne M. Mulcahy acquired 21 shares of Class B Common Stock. The shares were received as a compensation-related award under the Director Share Purchase Program, where she took stock instead of cash director fees.

At what price were the Graham Holdings (GHC) shares granted to Anne M. Mulcahy?

The 21 Class B Common Stock shares granted to Anne M. Mulcahy were valued at $1,161.11 per share. This reflects the price used for her election to receive director fees in stock rather than in cash under the company’s program.

How many Graham Holdings (GHC) shares does Anne M. Mulcahy’s revocable trust hold after this transaction?

Following the July 1, 2026 transaction, the revocable trust associated with Anne M. Mulcahy held 758 shares of Graham Holdings Class B Common Stock. These shares are reported as indirect ownership, reflecting the trust structure rather than direct personal holding.

What is the Director Share Purchase Program at Graham Holdings (GHC) mentioned in the filing?

The Director Share Purchase Program allows directors to elect to receive part of their board fees in stock instead of cash. In this case, Anne M. Mulcahy acquired 21 Class B shares as compensation by choosing stock in lieu of cash fees.

Is Anne M. Mulcahy’s July 1, 2026 Graham Holdings (GHC) transaction an open-market purchase?

No, the transaction is a grant or award, not an open-market purchase. The 21 Class B shares were acquired through an election under the Director Share Purchase Program, converting director fee compensation into stock rather than buying shares on the open market.