Welcome to our dedicated page for Graham Holdings SEC filings (Ticker: GHC), 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.
The SEC filings page for Graham Holdings Company (NYSE: GHC) provides access to the company’s regulatory disclosures, including current reports on Form 8‑K, quarterly reports on Form 10‑Q, and annual reports on Form 10‑K. As a diversified holding company with principal operations in educational services, television broadcasting, healthcare services, manufacturing, automotive, retail, media, e‑commerce and digital services, restaurants, and custom framing, Graham Holdings uses these filings to present detailed information about its financial condition, segment performance, and material corporate events.
Recent 8‑K filings describe several notable events. One filing reports an Amendment and Restatement Agreement that provides for a U.S. $400 million five‑year revolving credit facility, with certain foreign subsidiaries as borrowers and certain domestic subsidiaries as guarantors. The same filing details the issuance and sale of $500 million aggregate principal amount of senior unsecured notes due 2033, guaranteed on a senior unsecured basis by certain domestic subsidiaries, and explains that the company intends to use the proceeds, together with borrowings under the new revolving credit facility, to redeem existing notes, refinance the prior revolving facility, repay a term loan, and pay related fees and expenses.
Other 8‑K reports furnished by Graham Holdings include earnings releases for quarterly periods, where the company presents consolidated statements of operations and business division information. These documents show operating revenues, operating expenses, depreciation, amortization, impairment charges, operating income, gains on marketable equity securities, pension and postretirement benefit income, and income before income taxes, along with segment‑level data for Education, Television Broadcasting, Manufacturing, Healthcare, Automotive, Other businesses, and Corporate.
Through this filings page, users can review Graham Holdings’ SEC‑filed materials to understand its capital structure, such as senior notes and revolving credit facilities, as well as its segment reporting and overall financial performance. AI‑powered tools on the platform can help summarize lengthy documents like 10‑K and 10‑Q reports, highlight key terms in credit agreements and indentures, and surface important items from current reports on Form 8‑K, making it easier to interpret the company’s disclosures without reading every line of each filing.
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 Company entered into a new U.S. $400 million five-year revolving credit facility, replacing its prior revolver and doubling the letter of credit sublimit from $20 million to $40 million. Borrowings are unsecured and priced off either a base rate or benchmark rate plus a margin tied to the company’s total net leverage ratio, with a quarterly commitment fee of 0.15%–0.30% on unused amounts. The agreement requires a maximum total net leverage ratio of 3.5x and a minimum interest coverage ratio of 3.0x.
The company also issued $500 million of senior unsecured notes due 2033, bearing interest at 5.625% with semi-annual payments starting June 1, 2026, and guaranteed by certain domestic subsidiaries. Graham Holdings plans to use the note proceeds, together with borrowings under the new revolver, to redeem its 5.750% notes due 2026, refinance the existing revolving facility, repay its existing $150 million term loan, and pay related fees and expenses.
Elizabeth G. Weymouth filed Amendment No. 1 to Schedule 13G for Graham Holdings Co. (GHC), reporting beneficial ownership of 0 shares and 0% of the Class B common stock. The amendment states the event occurred on 09/29/2025, when she ceased to serve as trustee of several trusts holding Graham Holdings Class A and/or Class B shares, ending any voting or investment power over those shares. The filing names Merryl Tisch and Brad S. Karp as executors of her estate.
Graham Holdings Company priced a private offering of $500 million senior unsecured notes due 2033 at 100% of principal with a 5.625% interest rate. The notes will be guaranteed on a senior unsecured basis by certain existing and future domestic subsidiaries.
The offering is expected to close on November 24, 2025, subject to customary conditions. Substantially concurrently, the company intends to amend and restate its revolving credit facility to $400 million; this amendment is conditioned on the notes offering closing, while the notes offering is not conditioned on the amendment.
If completed, the company intends to use net proceeds, together with borrowings under the amended revolver, to redeem its outstanding 5.750% notes due 2026, refinance outstanding revolving loans, repay all amounts under its existing $150 million term loan facility, and pay related fees and expenses.
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.
Graham Holdings Company commenced a private offering of $500 million aggregate principal amount of senior unsecured notes due 2033, to be guaranteed by certain domestic subsidiaries.
Substantially concurrently, the company intends to amend and restate its revolving credit facility, increasing lender commitments to $400 million. The notes offering is not conditioned on the revolver amendment, while closing of the amended revolver is conditioned on the notes offering closing. If consummated, net proceeds from the notes, together with borrowings under the amended revolver, are intended to redeem the 5.750% notes due 2026, refinance outstanding revolving loans, repay the existing $150 million term loan, and pay related fees and expenses.
The notes and guarantees will be offered to qualified institutional buyers under Rule 144A and outside the U.S. under Regulation S, and will not be registered under the Securities Act.
Graham Holdings Company filed an 8-K reporting Item 2.02: Results of Operations and Financial Condition. The company furnished a press release announcing earnings for the third quarter ended September 30, 2025, included as Exhibit 99.1.
The filing is an administrative update that makes the Q3 2025 earnings press release publicly available through the exhibits. Class B Common Stock trades on the NYSE under the symbol GHC.
Graham Holdings Company (GHC) reported Q3 results. Operating revenues were $1,278.9 million, up from $1,207.2 million a year ago. Net income rose to $126.2 million from $74.5 million, and diluted EPS increased to $27.91 from $16.42. Income before income taxes increased to $183.0 million from $113.0 million.
Quarter performance reflected higher net unrealized gains on marketable equity securities ($84.8 million) and stronger equity in earnings of affiliates ($15.8 million), partly offset by lower operating income ($67.1 million vs. $81.6 million) and depreciation/amortization expense. Net interest expense decreased year over year.
For the nine months, operating revenues reached $3,660.5 million with net income of $192.4 million. Cash from operations was $318.9 million. Cash and cash equivalents were $190.8 million; total debt was $731.9 million, with $424.9 million current and $307.0 million long-term. Investments in marketable equity securities had a fair value of $998.8 million, including Berkshire Hathaway valued at $560.6 million.
2025 actions included acquisitions in education and manufacturing ($19.9 million cash and $107.4 million assumed pension obligations) and a settlement of a mandatorily redeemable noncontrolling interest; the Company also closed the Ourisman Jeep of Bethesda dealership. In October 2025, the automotive subsidiary acquired a Honda dealership.