Laura O'Shaughnessy - 01 Nov 2024 Form 4 Insider Report for Graham Holdings Co (GHC)

Role
10%+ Owner
Signature
/s/ Nicole Maddrey, attorney-in-fact
Issuer symbol
GHC
Transactions as of
01 Nov 2024
Net transactions value
-$1,607,290
Form type
4
Filing time
05 Nov 2024, 16:24:27 UTC
Previous filing
17 Oct 2024
Next filing
20 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GHC Class B Common Stock Options Exercise $18,520,989 +25,754 +135% $719.15 44,878 01 Nov 2024 Spouse F1
transaction GHC Class B Common Stock Tax liability $20,128,279 -23,858 -53% $843.67 21,020 01 Nov 2024 Spouse F2
holding GHC Class B Common Stock 4,099 01 Nov 2024 Direct
holding GHC Class B Common Stock 2,700 01 Nov 2024 Direct
holding GHC Class B Common Stock 5,600 01 Nov 2024 Trust F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GHC Stock Option (Right to Buy) Options Exercise $0 -25,754 -100% $0.000000 0 01 Nov 2024 Class B Common Stock 25,754 $719.15 Spouse F5
holding GHC Class A Common Stock 2,700 01 Nov 2024 Class B Common Stock 2,700 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person has no voting or investment power with respect to such shares. The reporting person disclaims beneficial ownership of the reported securities.
F2 The options exercise was executed in anticipation of the November 3, 2024 expiration date on a net settlement basis.
F3 The reporting person's spouse is a trustee of the trust that owns the reported securities. The reporting person is a beneficiary of such trust but has no voting or investment power with respect to the shares held in such trust. The reporting person disclaims beneficial ownership of the reported securities.
F4 Shares of Class A Common Stock are convertible into shares of Class B Common Stock at any time on a one-for-one basis and have no expiration date.
F5 The stock option is fully vested. After this exercise of 25,754 options, the reporting person's spouse has no vested and exercisable options remaining. The reporting person disclaims beneficial ownership of the reported securities.