Gray Media, Inc. filings document the regulatory record for a public multimedia and broadcasting company with common stock and Class A common stock. Its 8-K reports cover operating results, Regulation FD investor presentations, dividend authorizations, completed station acquisitions, credit agreement amendments, and other material events tied to its local television and digital media business.
Proxy and shareholder-meeting filings describe board elections, advisory compensation votes, executive compensation, equity-award disclosures, and governance procedures. The filings also address capital structure and financing terms through senior credit facility disclosures, while acquisition filings record asset purchases, related financial-statement requirements, and SEC reporting waivers.
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.
Charles Schwab Investment Management Inc filed a Schedule 13G reporting a passive ownership stake in Gray Media, Inc.
As of December 31, 2025, it beneficially owned 5,188,712 shares of Gray Media common stock, representing 5.6% of the class, with sole voting and dispositive power over all reported shares. The filing certifies the shares were acquired and are held in the ordinary course of business, not to change or influence control of the company.
Gray Media, Inc. plans to redeem all of its 5.875% senior notes due 2026 on January 20, 2026. These 2026 notes will be redeemed at 100% of their principal amount, plus any accrued and unpaid interest up to the redemption date.
The company has issued a formal notice of redemption to holders of the 2026 notes. It also states that this disclosure does not constitute an offer to purchase, a notice of redemption, or a solicitation of an offer to purchase any of the 2026 notes.
Gray Media, Inc. has issued $250,000,000 of 9.625% Senior Secured Second Lien Notes due 2032 to accredited investors under a supplemental indenture to its existing 2032 notes. The notes were sold at 102.000% of par plus accrued interest and form a single series, with identical terms, to the existing $900,000,000 9.625% Senior Secured Second Lien Notes issued in July 2025.
Gray plans to use the net proceeds to redeem a portion of its outstanding 10.500% Senior Secured First Lien Notes due 2029, pay related fees and expenses, and for general corporate purposes. The notes are senior secured second lien obligations, bear interest from July 18, 2025, payable semiannually on January 15 and July 15, and mature on July 15, 2032, with various optional redemption features and customary covenants and events of default.
Gray Media, Inc. is raising new debt and refinancing existing notes. The company agreed to privately place $250 million of 9.625% Senior Secured Second Lien Notes due 2032, issued at 102.000% of par, as additional notes under its existing 9.625% second lien series first issued in July 2025. These Additional Notes rank equally with the currently outstanding 9.625% Senior Secured Second Lien Notes and have substantially identical terms.
Gray plans to use the net proceeds to redeem part of its higher-coupon 10.500% Senior Secured First Lien Notes due 2029, pay transaction fees and expenses, and for general corporate purposes. The company has issued a conditional notice to redeem $125 million of the 2029 Notes on December 19, 2025 at 103.000% of principal plus accrued and unpaid interest, with the redemption conditional on receiving proceeds from the new Additional Notes.
Gray Media, Inc. reported an insider equity transaction by its President and Co-CEO, who is also a director. On 12/01/2025, the insider forfeited 17,010 shares of common stock in a transaction coded "F," which reflects shares withheld to cover taxes in connection with restricted stock vesting. After this adjustment, the insider directly owned 1,216,053 shares of common stock and indirectly held 2,001 shares through a 401(k) plan. The filing is a routine disclosure of changes in beneficial ownership rather than a new issuance of shares by the company.
Gray Media, Inc. insider Jeffrey W. Gray, Chairman, President and CEO, reported a stock transaction dated 12/01/2025. The filing shows a forfeiture of 28,578 shares of Class A Common Stock at $9 per share, labeled with transaction code "F," which the notes describe as a forfeiture of restricted stock for the purpose of net settlement. After this transaction, he reports beneficial ownership of 3,697,452 shares of Class A Common Stock held directly, and additional indirect holdings through his spouse, children, trusts for the benefit of his children, a 401(k) plan, and his spouse’s account.
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.