Gray Media (GTN) EVP Latek receives 262,123-share restricted stock grant

Rhea-AI Filing Summary

Latek Kevin Paul reported acquisition or exercise transactions in this Form 4 filing.

Gray Media EVP Kevin Paul Latek reported an equity award of company stock. On 02/12/2026, he received a grant of 262,123 shares of Common Stock at $4.64 per share, described as restricted stock that vests in three equal annual installments on 2/28/2027, 2/29/2028, and 2/28/2029.

Following this grant, Latek directly beneficially owns 875,880 shares of Common Stock and 53,517 shares of Class A Common Stock, all held directly.

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

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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)
02/12/2026

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	02/12/2026		A		262,123(1)	A	$4.64	875,880	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 a grant of restricted stock, which vests ratably on 2/28/27, 2/29/28, and 2/28/29.

	/s/ Ginger Davis by Power of Attorney	02/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did GTN executive Kevin Paul Latek report?

Kevin Paul Latek reported receiving a grant of 262,123 shares of Gray Media Common Stock. The award is a restricted stock grant rather than an open-market purchase, reflecting part of his executive compensation package for long-term alignment with shareholders.

At what price was Kevin Paul Latek’s GTN stock grant recorded?

The 262,123-share grant of Gray Media Common Stock to Kevin Paul Latek was recorded at $4.64 per share. This price is used for reporting purposes on the Form 4 and reflects the value assigned to the restricted stock award on the grant date.

How does Kevin Paul Latek’s GTN restricted stock vest?

Latek’s restricted stock vests in three equal annual installments. The 262,123 shares vest ratably on 2/28/2027, 2/29/2028, and 2/28/2029, meaning a third of the award becomes unrestricted on each of those specified future dates.

How many GTN shares does Kevin Paul Latek own after the reported grant?

After the reported grant, Latek directly owns 875,880 shares of Gray Media Common Stock. He also directly holds 53,517 shares of Class A Common Stock, giving him sizeable equity exposure to the company in both share classes as disclosed.

What role does Kevin Paul Latek hold at Gray Media (GTN)?

Kevin Paul Latek serves as EVP Chief L & D Officer at Gray Media. His position as an executive officer explains why his equity awards and holdings, including this restricted stock grant, must be publicly reported on Form 4 under SEC insider reporting rules.

Is Kevin Paul Latek’s GTN Form 4 transaction a purchase or a grant?

The Form 4 describes the transaction as a grant or award, not an open-market purchase. It is coded as an acquisition of 262,123 shares of restricted Common Stock, representing part of Latek’s compensation rather than a discretionary stock market trade.