Gray Media (NYSE: GTN) director forfeits 28,578 shares for tax settlement
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gray Media, Inc. director reports restricted stock forfeiture in a Form 4 insider transaction. On 12/01/2025, the reporting person disposed of 28,578 shares of Class A common stock in a transaction coded "F," which the notes explain represents forfeiture of restricted stock for the purpose of net settlement, typically to cover tax withholding when restricted shares vest.
After this transaction, the director continues to beneficially own a substantial number of Gray Media shares through a mix of direct holdings, a spouse’s holdings, children’s accounts, trusts for the benefit of children, and a 401(k) plan balance.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Howell Robin Robinson
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 28,578 | $9.00 | $257K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 3,697,452 shares (Indirect, Spouse);
Class A Common Stock — 81,635 shares (Direct);
Common Stock — 832,500 shares (Indirect, Trust F/B/O Children);
Common Stock — 140,854 shares (Direct)
Footnotes (1)
- Represents forfeiture of restricted stock for the purpose of net settlement. Amounts reflect the reporting person's spouses' current balance in the 401(k) Plan.
FAQ
What insider transaction did Gray Media (GTN) disclose in this Form 4?
The filing reports that a director disposed of 28,578 shares of Gray Media Class A common stock on 12/01/2025 in a transaction coded "F."
What is transaction code "F" in the Gray Media (GTN) Form 4?
Code "F" indicates a transfer of shares to the issuer to satisfy tax withholding obligations upon the vesting or exercise of an equity award, rather than an open-market sale.
Does the Gray Media (GTN) Form 4 involve any derivative securities?
No derivative securities are reported; the table for derivative securities is present but contains no entries.
How are the Gray Media (GTN) director’s indirect holdings reported?
Indirect beneficial ownership is reported through the director’s spouse, children, trusts for the benefit of children, and a 401(k) plan, with each type of ownership separately identified.