Graham Holdings Co (GHC) 10% owner reshuffles Class A and B shares
Rhea-AI Filing Summary
Graham Holdings Co major shareholder Laura O'Shaughnessy reported several code J restructuring transactions involving the company’s dual-class shares. She disposed of 4,211 shares of Class B Common Stock in an exchange for an equivalent number of Class A shares, and separately acquired another 4,211 Class A shares from a trust distribution. Following these changes, she directly holds 22,865 Class B shares and has an additional 13 Class B shares held indirectly by her spouse, for which she has no voting or investment power and disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,211 shares
Net Sell
4 txns
Insider
O'Shaughnessy Laura
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock F4, F5, F2 | 4,211 | -- | -- |
| Other | Class A Common Stock F4, F6, F2 | 4,211 | -- | -- |
| Other | Class B Common Stock F1, F2 | 4,211 | -- | -- |
| holding | Class B Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 19,922 shares (Direct);
Class B Common Stock — 22,865 shares (Direct);
Class B Common Stock — 13 shares (Indirect, Spouse)
Footnotes (6)
- F1. Disposition of Class B shares in an exchange transaction for the equivalent number of Class A shares.
- F2. N/A
- F3. The reporting person has no voting or investment power with respect to such shares. The reporting person disclaims beneficial ownership of the reported securities.
- F4. Shares of Class A Common Stock are convertible into shares of Class B Common Stock at any time on a one-for-one basis and have no expiration date.
- F5. Acquisition of Class A shares in an exchange transaction for the equivalent number of Class B shares.
- F6. Acquisition of Class A shares from a distribution pursuant to the terms of a trust.
Key Figures
Class B shares exchanged: 4,211 shares
Class A shares acquired from trust: 4,211 shares
Class B shares held directly after: 22,865 shares
+2 more
5 metrics
Class B shares exchanged
4,211 shares
Disposition of Class B in exchange for equivalent Class A shares
Class A shares acquired from trust
4,211 shares
Acquisition of Class A from a distribution pursuant to the terms of a trust
Class B shares held directly after
22,865 shares
Direct Class B Common Stock holdings following the reported transactions
Class B shares held indirectly (spouse)
13 shares
Indirect Class B holdings via spouse, with disclaimed beneficial ownership
Total restructuring shares
12,633 shares
Shares involved in code J restructuring transactions
Key Terms
exchange transaction, distribution pursuant to the terms of a trust, beneficial ownership, voting or investment power, +1 more
5 terms
exchange transaction financial
"Disposition of Class B shares in an exchange transaction for the equivalent number"
distribution pursuant to the terms of a trust financial
"Acquisition of Class A shares from a distribution pursuant to the terms of a trust."
beneficial ownership financial
"The reporting person disclaims beneficial ownership of the reported securities."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
voting or investment power financial
"The reporting person has no voting or investment power with respect to such shares."
convertible financial
"Shares of Class A Common Stock are convertible into shares of Class B"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
FAQ
What transactions did Laura O'Shaughnessy report in the GHC Form 4?
Laura O'Shaughnessy reported code J restructuring transactions on August 13, 2026, exchanging 4,211 Class B shares for Class A and acquiring another 4,211 Class A shares from a trust distribution, while updating her remaining Class B holdings.
What are Laura O'Shaughnessy’s Class B holdings in GHC after these transactions?
After the restructuring, O'Shaughnessy directly holds 22,865 Class B Common Stock shares. An additional 13 Class B shares are held indirectly by her spouse, over which she has no voting or investment power and disclaims beneficial ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
