Marcel A. Snyman - 02 Jan 2025 Form 4 Insider Report for Graham Holdings Co (GHC)

Signature
/s/ Nicole M. Maddrey, attorney-in-fact
Issuer symbol
GHC
Transactions as of
02 Jan 2025
Net transactions value
-$213,364
Form type
4
Filing time
06 Jan 2025, 16:18:15 UTC
Previous filing
09 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GHC Class B Common Stock Award $0 +229 +50% $0.000000 685 02 Jan 2025 Direct F1, F2
transaction GHC Class B Common Stock Tax liability $73,237 -84 -12% $871.87 601 02 Jan 2025 Direct F3
transaction GHC Class B Common Stock Sale $140,127 -159 -26% $881.30 442 06 Jan 2025 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Class B shares awarded as restricted stock under incentive plan.
F2 N/A
F3 Represents withholding of Class B shares for the tax liability associated with the vesting and settlement of restricted stock previously awarded under incentive plan on January 4, 2021.
F4 This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 23, 2024.