Gray Media EVP forfeits 24,249 GTN shares for net settlement

Gray Media, Inc. executive reports restricted stock forfeiture An executive vice president of Gray Media, Inc. reported a Form 4 transaction dated December 1, 2025.

Rhea-AI Filing Summary

Gray Media, Inc. executive reports restricted stock forfeiture

An executive vice president of Gray Media, Inc. reported a Form 4 transaction dated December 1, 2025. The filing shows the forfeiture of 24,249 shares of common stock at a price of $4.73 per share, described as a forfeiture of restricted stock for the purpose of net settlement. After this transaction, the officer beneficially owns 613,757 shares of common stock directly and 53,517 shares of Class A common stock directly.

Insider Trade Summary

Exercise Price or Tax Liability: 24,249 shares

Exercise Price or Tax Liability 2 txns

Insider Latek Kevin Paul

Role EVP Chief L & D Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	24,249	$4.73	$115K
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Common Stock — 613,757 shares (Direct); Class A Common Stock — 53,517 shares (Direct)

Footnotes (1)

1. F1. Represents forfeiture of restricted stock for purpose of net settlement.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did GTN report in this Form 4?

The Form 4 reports that a Gray Media, Inc. executive vice president forfeited 24,249 shares of common stock on December 1, 2025, described as a forfeiture of restricted stock for the purpose of net settlement.

Who is the reporting person in the Gray Media (GTN) Form 4 and what is their role?

The reporting person is an officer of Gray Media, Inc. with the title EVP Chief L & D Officer, as indicated in the filing.

How many Gray Media (GTN) shares were forfeited in this transaction?

The officer forfeited 24,249 shares of common stock, which the filing describes as restricted stock forfeited for the purpose of net settlement.

What is the reporting person’s beneficial ownership in Gray Media (GTN) after the transaction?

Following the reported transaction, the officer beneficially owns 613,757 shares of common stock and 53,517 shares of Class A common stock, both held directly.

What was the price used for the Gray Media (GTN) forfeited shares in the Form 4?

The forfeited 24,249 shares of common stock were reported at a price of $4.73 per share.

Does this Gray Media (GTN) Form 4 involve any derivative securities?

The section for derivative securities is present in the form, but the provided content only shows details for non-derivative common and Class A common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 12/03/2025 - 06:00 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Latek Kevin Paul

(Last) (First) (Middle)

4370 PEACHTREE ROAD NE

SUITE 400

(Street)

ATLANTA GA 30319

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GRAY MEDIA, INC [ GTN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP Chief L & D Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/01/2025		F		24,249(1)	D	$4.73	613,757	D
Class A Common Stock								53,517	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents forfeiture of restricted stock for purpose of net settlement.

	/s/ Ginger Davis by Power of Attorney	12/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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