Welcome to our dedicated page for Gray Television SEC filings (Ticker: GTN), 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.
Gray Media, Inc. (NYSE: GTN) is a Georgia-incorporated multimedia company that files reports with the U.S. Securities and Exchange Commission under Commission File Number 001-13796. This SEC filings page provides access to the company’s regulatory disclosures, including current reports on Form 8-K that describe material events, financing transactions, dividends, and earnings announcements related to Gray’s operations as a large owner of local television stations and digital assets.
Gray’s recent Form 8-K filings detail note offerings and debt structure, such as the issuance of 7.250% Senior Secured First Lien Notes due 2033 and 9.625% Senior Secured Second Lien Notes due 2032, along with supplemental indentures. These filings explain how proceeds are used to repay term loans, redeem existing notes, pay fees and expenses, and support general corporate purposes. They also summarize key indenture terms, including covenants that limit additional indebtedness, certain payments, affiliate transactions, asset sales, liens, and changes of control, as well as events of default and redemption provisions.
Other 8-K reports cover dividend declarations, where Gray’s Board of Directors authorizes quarterly cash dividends on its common and Class A common stock, and earnings releases that furnish financial results for specified periods. Regulation FD disclosures reference investor presentation materials used in meetings with prospective investors, giving additional context on the company’s strategy and capital structure.
On Stock Titan, Gray Media’s filings are updated as they are posted to the SEC’s EDGAR system. AI-powered tools summarize lengthy documents such as 8-Ks, and, when available, 10-Q and 10-K reports, highlighting key terms of note offerings, covenant structures, redemption notices, and dividend or earnings announcements. Users can also review filings that relate to the redemption of specific note series, conditional redemption notices, and other material events affecting GTN. This page helps investors and researchers quickly understand the implications of Gray Media’s SEC disclosures without reading every line of the underlying documents.
Gray Media, Inc. filed its annual report detailing 2025 operating results and business risks. The company is a large U.S. local television and digital media owner, with stations in 114 markets reaching about 37% of U.S. TV households and strong positions in local news.
Total revenue was $3.1 billion in 2025, compared with $3.6 billion in 2024 and $3.3 billion in 2023, reflecting the normal drop in political advertising between major election years. Political advertising contributed about 1% of 2025 revenue versus 14% in 2024, while core revenue remains concentrated in services and automotive advertisers.
Gray emphasizes maintaining top-ranked stations, expanding digital advertising and NextGen TV, selective acquisitions and disciplined cost control. The company reports $5.8 billion of debt at year-end 2025 and highlights prior refinancings and $520 million of 2024 principal payments. It also discloses recent goodwill, license and investment impairments and outlines extensive regulatory, competitive, cybersecurity and leverage-related risks.
Gray Media, Inc. filed a current report stating that, beginning on February 26, 2026, the company intends to meet periodically and make presentations to prospective investors. These meetings will use or reference an investor slide presentation included as Exhibit 99.1.
The company notes that the information in this investor presentation is being furnished under Regulation FD and is not considered filed for liability purposes under the Exchange Act or automatically incorporated into Securities Act filings unless specifically referenced.
Gray Media, Inc. announced that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share on its common stock and Class A common stock. The dividend will be paid on March 31, 2026, to shareholders of record as of March 13, 2026.
Gray describes itself as a multimedia company headquartered in Atlanta and the nation’s largest owner of top-rated local television stations and digital assets, serving 114 full-power television markets that collectively reach about 37% of U.S. television households.
Gray Media, Inc. reported weaker 2025 results, swinging to a net loss despite meeting and exceeding guidance in key areas. For the fourth quarter ended December 31, 2025, total revenue was $792 million, down from $1.045 billion a year earlier, as political advertising dropped sharply following the 2024 elections. Full-year 2025 revenue was $3.095 billion versus $3.644 billion, a decline of 15%, and net loss was $85 million compared with net income of $375 million in 2024.
Adjusted EBITDA, a non-GAAP profit measure, fell to $179 million in the fourth quarter from $402 million, and to $670 million for the year from $1.162 billion. Management highlighted cost controls, including a 3% reduction in full-year broadcasting expenses, and slightly higher quarterly Net Retransmission Revenue of $134 million. Debt remained high but was reshaped: total outstanding principal was $5.81 billion at year-end, with no maturities before 2028, and the leverage ratio under its credit agreement was 5.80 times, within covenant limits.
Gignac Jeffrey R reported acquisition or exercise transactions in a Form 4 filing for GTN. The filing lists transactions totaling 238,147 shares at a weighted average price of $4.64 per share. Following the reported transactions, holdings were 882,746 shares.
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.
HOWELL HILTON H JR reported acquisition or exercise transactions in this Form 4 filing.
Gray Media, Inc. Chairman, President & CEO Howell H. Howell Jr. received two equity awards of Class A common stock on 02/12/2026. Each award covers 327,303 shares at a reference price of $12.16 per share.
One grant is time-based restricted stock that vests in equal portions on 02/28/2027, 02/29/2028, and 02/28/2029. The second represents a target amount of performance-based restricted stock that vests on 02/28/2029 after a three‑year performance period. Following these awards, he directly holds more than 4.3 million Class A shares, with additional indirect holdings through his spouse, children, trusts, and a 401(k) plan.
Gray Media, Inc. President and Co-CEO Patrick LaPlatney reported an acquisition of company stock through an equity award. On 02/12/2026, he received a grant of 365,302 shares of common stock at $4.64 per share, structured as restricted stock that vests in equal parts on 2/28/2027, 2/29/2028, and 2/28/2029. After this award, he beneficially owned 1,581,355 shares of common stock directly, plus 2,033 shares held indirectly through a 401(k) plan.
Gray Media, Inc. director Howell Robin Robinson reported stock-based compensation awards tied to Class A Common Stock. On 02/12/2026, entities associated with his spouse acquired 327,303 shares of Class A Common Stock as a restricted stock grant and another 327,303 shares as performance-based restricted stock, both valued at $12.16 per share. The restricted stock vests in three equal installments on 2/28/27, 2/29/28, and 2/28/29, while the performance-based restricted stock is scheduled to vest on 2/28/29 after a three-year performance period. Following these awards, indirect Class A holdings through his spouse increased, alongside existing direct and indirect positions in common stock, children’s accounts, trusts for the benefit of children, and a 401(k) plan balance.
McNamara Sandra Breland reported acquisition or exercise transactions in this Form 4 filing.
Gray Media, Inc. executive Sandra Breland McNamara received a grant of 238,147 shares of restricted common stock at $4.64 per share. The award was made on 02/12/2026 and vests in three equal installments on 2/28/27, 2/29/28, and 2/28/29.
After this grant, she beneficially owns 782,656 shares of Gray Media common stock directly, and an additional 2,033 shares indirectly through a 401(k) plan.