Every Form 4 that GRAHAM HOLDINGS COMPANY (GHC) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow GHC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GHC filings page.
Graham Holdings Co director G. Richard Wagoner Jr. acquired 21 shares of Class B Common Stock on October 1, 2026, at a reported price of $1,139.10 per share. The shares were acquired under the Director Share Purchase Program through his Revocable Trust, reflecting his election to receive a portion of director-service fees in stock instead of cash. His reported holdings after the acquisition were 1,575 shares held indirectly.
Graham Holdings Co director Anne M. Mulcahy acquired 21 shares of Class B Common Stock through a Revocable Trust on October 1, 2026; the reported price was $1,139.10 per share. The shares were acquired under the Director Share Purchase Program after her election to receive a portion of director-service fees in stock in lieu of cash. The Revocable Trust's reported holdings following the transaction were 779 shares.
Graham Holdings Co (GHC) director Jack A. Markell reported acquiring 7 shares of Class B common stock on October 1, 2026, held indirectly through a Revocable Trust. The resulting indirect holding was 55 shares. The acquisition was made pursuant to his election under the Director Share Purchase Program to receive a portion of fees for director service in stock in lieu of cash.
Graham Holdings Co director Christopher C. Davis acquired 24 shares of Class B Common Stock on October 1, 2026, at a reported price of $1,139.10 per share. His reported direct holdings following the transaction were 5,638 shares.
Graham Holdings Co director Danielle Y. Conley acquired 19 shares of Class B Common Stock on October 1, 2026, indirectly held through a Revocable Trust. The acquisition followed her election under the Director Share Purchase Program to receive a portion of director fees in stock instead of cash. The reported per-share amount was $1,139.10; the reported resulting position was 480 shares.
Graham Holdings Co (GHC) reported that Executive VP Jacob Maas had 1,000 shares of Class B Common Stock credited to him on August 28, 2026 from a price-based restricted stock unit award. On the same date, 501 Class B shares were withheld at $1,159.23 per share to cover tax liabilities from this vesting. Earlier tranches of the award vested as stock price targets were met, and a sixth tranche will vest only if the Class B share price exceeds $1,200 for 90 consecutive days on or before December 31, 2027.
Graham Holdings Co director, president and CEO Timothy J. O'Shaughnessy reported an internal share reclassification involving Class A and Class B stock. On 2026-08-13, he disposed of 4,211 shares of Class B Common Stock in an exchange for an equivalent number of Class A shares and held 22,878 Class B shares afterward, including 13 shares in his 401(k) plan. Corresponding acquisitions of 4,211 Class A shares were reported as indirect holdings by his spouse, through an exchange transaction and a trust distribution. The transactions are coded as "other" (J) and reflect restructuring of holdings rather than open-market buying or selling.
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.
Donald Graham, a director and more than 10% owner of Graham Holdings Co, reported an indirect disposition of 12,633 shares of Class A Common Stock on 2026-08-13 through trusts of which he is a trustee and beneficiary. Following this trust-related distribution, his indirect holdings in Class A shares total 375,592. Shares of Class A Common Stock are convertible into Class B Common Stock on a one-for-one basis with no expiration date.
Graham Holdings Co director G. Richard Wagoner Jr. received additional stock compensation through a board fee program. A revocable trust associated with him acquired 21 shares of Class B Common Stock on July 1 at $1,161.11 per share, in lieu of cash director fees. Following this grant, the trust holds 1,554 shares indirectly.
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.
Graham Holdings Co director Jack A. Markell reported receiving 7 shares of Class B Common Stock at $1,161.11 per share. The shares were acquired indirectly through a Revocable Trust under a Director Share Purchase Program, where he elected to take director fees in stock instead of cash, bringing the trust’s holdings to 48 shares.
Graham Holdings Co director Christopher C. Davis acquired 23 shares of Class B Common Stock through a compensation-related grant. The shares were valued at $1,161.11 each and were received under a Director Share Purchase Program, where he elected to take part of his board fees in stock instead of cash.
After this award, Davis directly holds 5,614 shares of Graham Holdings Class B Common Stock. This Form 4 reflects a routine director fee election rather than an open-market stock purchase or sale.
Graham Holdings Co director Danielle Y. Conley reported an acquisition of Class B Common Stock through a compensation-related program. On July 1, 2026, a revocable trust associated with her received 19 shares at a reference price of $1,161.11 per share.
The footnote explains these shares were acquired under the Director Share Purchase Program, where a portion of director fees is taken in stock instead of cash. After this award, the revocable trust held 461 Class B shares in total, categorized as indirect ownership.
Graham Holdings Co insider filings show that entities associated with ten percent owner Laura O'Shaughnessy restructured their holdings in the company’s dual-class shares. The transactions center on exchanging Class B Common Stock for an equivalent number of Class A shares, with no cash changing hands.
A trust associated with O'Shaughnessy disposed of 5,600 shares of Class B Common Stock in an exchange for 6,000 shares of Class A Common Stock that are directly held and are convertible into 6,000 shares of Class B Common Stock on a one-for-one basis. After these transactions, she reports 27,076 shares of Class B Common Stock held directly and 11,500 shares of Class A Common Stock directly, while small indirect Class B positions are held through a spouse and a trust for which she disclaims beneficial ownership and lacks voting or investment power.
Graham Holdings Co director Katharine Weymouth reported an internal share exchange involving 6,000 shares. She acquired 6,000 shares of Class B Common Stock in an exchange transaction for an equivalent number of Class A shares and simultaneously disposed of 6,000 Class A shares in that exchange. The Form 4 characterizes these as "other" transactions rather than open‑market buys or sells. After the exchange, she holds 7,615 shares of Class B Common Stock directly and 30,000 shares of Class A Common Stock. Footnotes state that each share of Class A Common Stock is convertible into one share of Class B Common Stock at any time and has no expiration date.
Graham Holdings Co President and CEO Timothy J. O'Shaughnessy reported a restructuring involving 12,000 shares linked to his family and related entities. The filing shows 400 shares of Class B Common Stock moved in an exchange transaction, leaving him with 27,087 Class B shares, including shares in his 401(k) plan.
A trust for his spouse and children exchanged 5,600 Class B shares, and he is a trustee but not a beneficiary and disclaims beneficial ownership of those securities. Separately, his spouse acquired 6,000 shares of Class A Common Stock in an exchange for an equivalent number of Class B shares, which are convertible into Class B on a one-for-one basis with no expiration date. These are coded as "other" transactions rather than open-market buys or sells.
Graham Holdings director G. Richard Wagoner Jr. indirectly acquired 23 shares of Class B Common Stock at $1,061.70 per share through a revocable trust. The shares were received under the Director Share Purchase Program, where the director elected to take board fees in stock instead of cash, bringing the trust’s holdings to 1,533 shares.
Graham Holdings Co director Anne M. Mulcahy, through a revocable trust, acquired 23 shares of Class B Common Stock at $1,061.70 per share. These shares were received as part of her fees for board service under a Director Share Purchase Program instead of cash, bringing the trust’s holdings to 737 shares.
Graham Holdings Co director Jack A. Markell reported a routine stock award under the company’s Director Share Purchase Program. On April 1, 2026, a revocable trust associated with him acquired 8 shares of Class B Common Stock at an indicated value of $1,061.70 per share, in lieu of cash director fees, bringing the trust’s holdings to 41 shares. This was a compensation-related acquisition rather than an open-market purchase.
Graham Holdings Co director Christopher C. Davis acquired 25 shares of Class B Common Stock through a stock-based fee program. The shares were valued at $1,061.70 per share and were received as compensation in stock instead of cash director fees. After this transaction, Davis directly holds 5,591 Class B shares.
Graham Holdings Co director Danielle Y. Conley acquired 21 shares of Class B Common Stock through a compensation election. The shares, valued at $1,061.70 per share, were received in lieu of a portion of her director fees and credited to a revocable trust. Following this award, the trust holds 442 Class B shares indirectly on her behalf. This is a routine, non-market grant under the company’s Director Share Purchase Program rather than an open-market stock purchase.
Graham Holdings director Tony Allen reported a small open-market sale of Class B Common Stock. On this Form 4, he sold 7 shares at a price of $942.89 per share and held 8 shares directly after the transaction. The filing notes it was submitted late due to an administrative error.
Graham Holdings Company executive vice president Jacob Maas reported equity compensation activity in the company’s Class B Common Stock. On January 16, 2026, he acquired 1,000 shares at $0 per share upon vesting of a restricted stock unit award tied to stock price performance, then had 377 shares withheld at a price of $1,150.5 per share to cover associated taxes. After these transactions, Maas directly owned 6,657 Class B shares.
The filing explains that this award was granted on January 19, 2022 with price-based vesting. Each 1,000-share tranche vests when the Class B stock closes at or above specified price levels for 90 consecutive days on or before December 31, 2027. Earlier tranches vested when price goals up to the fourth threshold were met, and a fifth 1,000-share tranche may vest if the closing price exceeds $1,100 for 90 consecutive days, with potential additional 1,000-share increments for each further $100 price increase maintained for 90 days in that period.
Graham Holdings CoG. Richard Wagoner, Jr.22 shares of Class B common stock$1,091.18 per share1,510 Class B sharesDirector Share Purchase Program
Graham Holdings Co01/02/2026, a revocable trust associated with her acquired 22 shares of Class B Common Stock at a reported price of $1,091.18 per share, under a Director Share Purchase Program that allows directors to receive a portion of their board fees in stock instead of cash. Following this transaction, the trust beneficially holds 714 shares of Class B Common Stock, reported as indirectly owned.
Graham Holdings Co director reports small stock acquisition under fee program
A Graham Holdings Co director reported acquiring Class B common stock through the company’s Director Share Purchase Program. On 01/02/2026, the director elected to receive a portion of board fees in stock instead of cash, resulting in the acquisition of 8 shares of Class B common stock at a price of $1,091.18 per share. After this transaction, the director beneficially owned 33 shares of Class B common stock, held indirectly through a revocable trust.
Graham Holdings director Christopher C. Davis reported acquiring additional Class B common stock of the company. On 01/02/2026, he received 25 shares of Class B common stock at a price of $1,091.18 per share.
After this transaction, he beneficially owned 5,566 shares of Class B common stock in direct ownership. The shares were issued under the company’s Director Share Purchase Program, reflecting his election to receive a portion of his director fees in stock instead of cash.
Graham Holdings Co director reports small stock acquisition through fee program
A Graham Holdings Co director acquired 20 shares of Class B common stock on 01/02/2026 at a price of $1,091.18 per share. After this transaction, the director beneficially owned 421 Class B shares held indirectly through a revocable trust. The filing explains that the shares were received under the company’s Director Share Purchase Program, where the director elected to take a portion of board service fees in stock instead of cash. This represents a routine, compensation-related increase in the director’s indirect ownership rather than an open-market trade.
Graham Holdings Co reported an insider ownership update involving a director. On 12/29/2025, the reporting person received 36,000 shares of Class A Common Stock pursuant to the terms of a trust in which they are a beneficiary. These Class A shares are convertible at any time into Class B Common Stock on a one-for-one basis and have no expiration date.
Following this transaction, the insider beneficially owns 36,000 derivative securities tied to Class A and Class B common stock, held directly. The filing also shows 1,615 shares of Class B Common Stock held directly after the reported transactions.
Graham Holdings (GHC) insider filed a Form 4 reporting an option exercise and related share withholding. On 11/11/2025, the reporting person exercised 7,582 options (code M) at $872.01 per share, executed on a net settlement basis ahead of the November 12, 2025 expiration. A subsequent transaction (code F) showed 6,839 shares disposed at $1,085.29, consistent with tax/settlement withholding. Following these transactions, direct beneficial ownership was 27,476 Class B shares. The filing also lists 8 shares held indirectly by a spouse and 5,600 shares held in a trust, with beneficial ownership disclaimed.
Graham Holdings (GHC) reported insider activity by its President and CEO, who is also a director. On 11/11/2025, he exercised 7,582 employee stock options for Class B Common Stock at $872.01 (code M), and recorded a disposition of 6,839 Class B shares at $1,085.29 (code F). Following these transactions, direct beneficial ownership stands at 27,484 Class B shares, which includes 8 shares held in a 401(k) account. He also reports 5,600 shares held indirectly in a trust.