Hilton H. Howell Jr. - 07 May 2025 Form 4 Insider Report for GRAY MEDIA, INC (GTN)

Role: Chairman, President & CEO, Director
Signature: /s/ Ginger Davis by Power of Attorney
Issuer symbol: GTN
Transactions as of: 07 May 2025
Net transactions value: $0
Form type: 4
Filing time: 09 May 2025, 16:30:22 UTC
Previous filing: 02 May 2025
Next filing: 03 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
HOWELL HILTON H JR	Chairman, President & CEO, Director	4370 PEACHTREE ROAD NE, ATLANTA	/s/ Ginger Davis by Power of Attorney	09 May 2025	0001213166

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GTN	Common Stock	Award	$0	+43,011	+44%	$0.000000	140,854	07 May 2025	Spouse	F1
holding	GTN	Class A Common Stock						3,726,030	07 May 2025	Direct
holding	GTN	Class A Common Stock						81,635	07 May 2025	Spouse
holding	GTN	Class A Common Stock						500	07 May 2025	Children
holding	GTN	Class A Common Stock						999,000	07 May 2025	Trust F/B/O Children
holding	GTN	Common Stock						832,500	07 May 2025	Trust F/B/O Children
holding	GTN	Common Stock						617,609	07 May 2025	Direct
holding	GTN	Common Stock						17,425	07 May 2025	By 401(k) Plan	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents grant of restricted stock, which vests in full on April 30, 2026.
F2	Amounts reflect the reporting person's current balance in the 401(k) Plan.