Welcome to our dedicated page for Graham Holdings Co 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.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on Graham Holdings Co's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into Graham Holdings Co's regulatory disclosures and financial reporting.
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.
Graham Holdings (GHC) reported insider equity activity by an Executive VP. On October 20, 2025, 1,000 Class B Common Stock shares vested from a price-based RSU award and were acquired at $0. To cover taxes, 501 shares were withheld at a price of $987.72. Following these transactions, the reporting person beneficially owns 6,034 shares directly.
The RSU award vests in 1,000‑share increments upon stock-price milestones maintained for 90 consecutive days through December 31, 2027. Prior milestones vested on November 5, 2024 and January 27, 2025; the next tranche would vest if the Class B closing price exceeds $1,000 for 90 consecutive days, with additional 1,000‑share increments for each further $100 increase achieved within the period.
Graham Holdings Company director and President & CEO Timothy J. O'Shaughnessy reported related transactions on 10/07/2025. He disposed of 2,800 Class B common shares via an exchange for the equivalent number of Class A shares, leaving him with 26,741 Class B shares directly. The filing also shows 5,600 Class B shares held indirectly in a trust for his spouse and children, where he is trustee but disclaims beneficial ownership. Eight Class B shares are held in his 401(k) account. The Form 4 was signed by an attorney-in-fact on 10/09/2025.
Director Laura O'Shaughnessy exchanged company share classes and reported her resulting holdings. On 10/07/2025 she reported an exchange transaction that moved 2,800 shares between Class A and Class B holdings. After the reported transactions she beneficially owns 26,733 Class B shares directly and reports an indirect holding of 5,600 Class B shares through a trust where she is a beneficiary but has no voting or investment power. She also disclaims beneficial ownership of certain shares held by her spouse and the trust. The filing was signed by an attorney-in-fact on 10/09/2025.
G. Richard Wagoner Jr., a director of Graham Holdings Co. (GHC), reported acquiring 21 shares of Class B Common Stock on 10/01/2025 under the director share purchase program, which allows directors to receive part of their fees in stock instead of cash. The reported purchase price per share is $1,165.25. After the transaction, Mr. Wagoner beneficially owns 1,488 shares indirectly through a Revocable Trust. The Form 4 was signed and dated 10/02/2025.
Anne M. Mulcahy, a director of Graham Holdings Co (GHC), reported acquiring 21 Class B common shares on 10/01/2025 under the Director Share Purchase Program, which allows directors to receive fees in stock instead of cash. The reported price per share is listed as $1,165.25. After the transaction, Ms. Mulcahy beneficially owns 692 Class B shares, held indirectly through a revocable trust. The Form 4 was signed on 10/02/2025. The filing states the acquisition resulted from elected director compensation and provides no additional transactions, options, or dispositions.
Jack A. Markell, a director of Graham Holdings Co (GHC), reported acquiring 7 shares of Class B Common Stock on 10/01/2025 under the company’s Director Share Purchase Program, electing to receive part of his director fees in stock rather than cash. The transaction lists a per-share price of $1,165.25 and shows 25 shares beneficially owned following the reported transaction, held indirectly in a revocable trust. The Form 4 was signed on 10/02/2025 and includes a statement that the acquisition resulted from the director’s election to receive fees in stock.