AG˹ٷ

STOCK TITAN

[Form 4] GRAHAM HOLDINGS COMPANY Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

On 1 July 2025, Graham Holdings (GHC) director Christopher C. Davis purchased 28 Class B common shares under the company’s Director Share Purchase Program. The shares were acquired at an average price of $954.49, increasing Davis’s direct holding to 5,518 shares.

The transaction is coded “A� (acquisition) on SEC Form 4 and reflects routine compensation conversion rather than an open-market buy. No derivative securities were involved, and there were no dispositions. While the share count is modest, the filing indicates continued insider ownership alignment without any negative governance flags.

Il 1° luglio 2025, il direttore di Graham Holdings (GHC), Christopher C. Davis, ha acquistato 28 azioni ordinarie di Classe B tramite il Programma di Acquisto Azionario per i Direttori della società. Le azioni sono state acquistate a un prezzo medio di $954,49, portando la partecipazione diretta di Davis a 5.518 azioni.

La transazione è contrassegnata come "A" (acquisizione) nel modulo SEC Form 4 e rappresenta una conversione di compensazione ordinaria piuttosto che un acquisto sul mercato aperto. Non sono stati coinvolti titoli derivati e non ci sono state cessioni. Sebbene il numero di azioni sia modesto, la comunicazione evidenzia un allineamento continuo della proprietà interna senza segnali negativi di governance.

El 1 de julio de 2025, el director de Graham Holdings (GHC), Christopher C. Davis, adquirió 28 acciones ordinarias Clase B a través del Programa de Compra de Acciones para Directores de la empresa. Las acciones se compraron a un precio promedio de $954.49, aumentando la participación directa de Davis a 5,518 acciones.

La transacción está codificada como "A" (adquisición) en el formulario SEC Form 4 y refleja una conversión rutinaria de compensación en lugar de una compra en el mercado abierto. No se involucraron valores derivados ni hubo disposiciones. Aunque el número de acciones es modesto, la presentación indica una alineación continua de la propiedad interna sin señales negativas de gobernanza.

2025� 7� 1�, Graham Holdings(GHC) 이사 Christopher C. Davis가 회사� 이사 주식 매입 프로그램� 통해 클래� B 보통� 28�� 매수했습니다. 주식은 평균 가� $954.49� 취득되어 Davis� 직접 보유 주식 수는 5,518�� 증가했습니다.

이번 거래� SEC Form 4에서 "A"(취득)� 분류되며, 공개 시장에서� 매수가 아닌 일상적인 보상 전환� 반영합니�. 파생 증권은 포함되지 않았으며 처분� 없었습니�. 주식 수는 적지�, 제출 내용은 내부� 소유권의 지속적� 정렬� 나타내며 부정적� 거버넌스 신호� 없습니다.

Le 1er juillet 2025, le directeur de Graham Holdings (GHC), Christopher C. Davis, a acheté 28 actions ordinaires de Classe B dans le cadre du programme d'achat d'actions pour les administrateurs de la société. Les actions ont été acquises à un prix moyen de 954,49 $, portant la détention directe de Davis à 5 518 actions.

La transaction est codée « A » (acquisition) sur le formulaire SEC Form 4 et reflète une conversion de rémunération de routine plutôt qu'un achat sur le marché ouvert. Aucun titre dérivé n’a été impliqué et aucune cession n’a eu lieu. Bien que le nombre d’actions soit modeste, le dépôt indique un alignement continu de la propriété des initiés sans signal négatif de gouvernance.

Am 1. Juli 2025 erwarb Graham Holdings (GHC) Direktor Christopher C. Davis im Rahmen des Director Share Purchase Program des Unternehmens 28 Class B Stammaktien. Die Aktien wurden zu einem Durchschnittspreis von 954,49 $ erworben, wodurch Davis� direkte Beteiligung auf 5.518 Aktien anstieg.

Die Transaktion ist im SEC Form 4 mit „A� (Erwerb) gekennzeichnet und stellt eine routinemäßige Vergütungsumwandlung dar, keine offene Marktkauf. Es waren keine Derivate beteiligt, und es gab keine Veräußerungen. Obwohl die Anzahl der Aktien gering ist, zeigt die Meldung eine fortgesetzte Ausrichtung der Insider-Beteiligung ohne negative Governance-Signale.

Positive
  • Director increased personal stake, signaling ongoing alignment with shareholder interests.
Negative
  • Purchase size is immaterial and unlikely to influence stock performance or insider-sentiment metrics.

Insights

TL;DR: Minor insider buy; positive signal but immaterial to valuation.

The purchase of 28 shares (~0.5% addition to Davis’s 5,518-share stake) under a pre-arranged director compensation plan shows incremental confidence and ongoing alignment with shareholders. However, the transaction is too small to affect liquidity, earnings, or market perception materially. No red flags or derivative hedges appear, keeping the impact neutral to slightly positive.

Il 1° luglio 2025, il direttore di Graham Holdings (GHC), Christopher C. Davis, ha acquistato 28 azioni ordinarie di Classe B tramite il Programma di Acquisto Azionario per i Direttori della società. Le azioni sono state acquistate a un prezzo medio di $954,49, portando la partecipazione diretta di Davis a 5.518 azioni.

La transazione è contrassegnata come "A" (acquisizione) nel modulo SEC Form 4 e rappresenta una conversione di compensazione ordinaria piuttosto che un acquisto sul mercato aperto. Non sono stati coinvolti titoli derivati e non ci sono state cessioni. Sebbene il numero di azioni sia modesto, la comunicazione evidenzia un allineamento continuo della proprietà interna senza segnali negativi di governance.

El 1 de julio de 2025, el director de Graham Holdings (GHC), Christopher C. Davis, adquirió 28 acciones ordinarias Clase B a través del Programa de Compra de Acciones para Directores de la empresa. Las acciones se compraron a un precio promedio de $954.49, aumentando la participación directa de Davis a 5,518 acciones.

La transacción está codificada como "A" (adquisición) en el formulario SEC Form 4 y refleja una conversión rutinaria de compensación en lugar de una compra en el mercado abierto. No se involucraron valores derivados ni hubo disposiciones. Aunque el número de acciones es modesto, la presentación indica una alineación continua de la propiedad interna sin señales negativas de gobernanza.

2025� 7� 1�, Graham Holdings(GHC) 이사 Christopher C. Davis가 회사� 이사 주식 매입 프로그램� 통해 클래� B 보통� 28�� 매수했습니다. 주식은 평균 가� $954.49� 취득되어 Davis� 직접 보유 주식 수는 5,518�� 증가했습니다.

이번 거래� SEC Form 4에서 "A"(취득)� 분류되며, 공개 시장에서� 매수가 아닌 일상적인 보상 전환� 반영합니�. 파생 증권은 포함되지 않았으며 처분� 없었습니�. 주식 수는 적지�, 제출 내용은 내부� 소유권의 지속적� 정렬� 나타내며 부정적� 거버넌스 신호� 없습니다.

Le 1er juillet 2025, le directeur de Graham Holdings (GHC), Christopher C. Davis, a acheté 28 actions ordinaires de Classe B dans le cadre du programme d'achat d'actions pour les administrateurs de la société. Les actions ont été acquises à un prix moyen de 954,49 $, portant la détention directe de Davis à 5 518 actions.

La transaction est codée « A » (acquisition) sur le formulaire SEC Form 4 et reflète une conversion de rémunération de routine plutôt qu'un achat sur le marché ouvert. Aucun titre dérivé n’a été impliqué et aucune cession n’a eu lieu. Bien que le nombre d’actions soit modeste, le dépôt indique un alignement continu de la propriété des initiés sans signal négatif de gouvernance.

Am 1. Juli 2025 erwarb Graham Holdings (GHC) Direktor Christopher C. Davis im Rahmen des Director Share Purchase Program des Unternehmens 28 Class B Stammaktien. Die Aktien wurden zu einem Durchschnittspreis von 954,49 $ erworben, wodurch Davis� direkte Beteiligung auf 5.518 Aktien anstieg.

Die Transaktion ist im SEC Form 4 mit „A� (Erwerb) gekennzeichnet und stellt eine routinemäßige Vergütungsumwandlung dar, keine offene Marktkauf. Es waren keine Derivate beteiligt, und es gab keine Veräußerungen. Obwohl die Anzahl der Aktien gering ist, zeigt die Meldung eine fortgesetzte Ausrichtung der Insider-Beteiligung ohne negative Governance-Signale.

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*
Davis Christopher C

(Last) (First) (Middle)
C/O GRAHAM HOLDINGS 1812 NORTH MOORE ST.
SUITE 2100

(Street)
ARLINGTON VA 22209

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Graham Holdings Co [ GHC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025
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
Class B Common Stock 07/01/2025 A(1) 28 A $954.49 5,518 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. Securities acquired pursuant to the Director's election under the Director Share Purchase Program to receive a portion of the fees received for service as a director in stock in lieu of cash.
Remarks:
Nicole Maddrey for Christopher C. Davis 07/02/2025
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Graham Holdings (GHC) shares did Christopher C. Davis buy?

He bought 28 Class B common shares.

What price did the director pay for the acquired GHC shares?

The average price reported was $954.49 per share.

What is Christopher C. Davis’s total GHC shareholding after the transaction?

He now beneficially owns 5,518 shares directly.

What was the transaction code in the Form 4 filing?

The filing used transaction code “A� for Acquisition.

Was the transaction part of a share purchase program or 10b5-1 plan?

Yes, it was executed under the Director Share Purchase Program in lieu of cash fees.

Did the Form 4 disclose any derivative security activity?

No derivative securities were reported in this filing.
Graham Holdings

NYSE:GHC

GHC Rankings

GHC Latest News

GHC Latest SEC Filings

GHC Stock Data

4.13B
3.17M
6.65%
81.3%
0.95%
Education & Training Services
Services-educational Services
United States
ARLINGTON