Sandra Breland McNamara - 12 Feb 2026 Form 4 Insider Report for GRAY MEDIA, INC (GTN)

Role: Executive Vice President, COO
Signature: /s/ Ginger Davis by Power of Attorney
Issuer symbol: GTN
Transactions as of: 12 Feb 2026
Net transactions value: +$1,105,002
Form type: 4
Filing time: 17 Feb 2026, 18:45:02 UTC
Previous filing: 04 Mar 2025
Next filing: 03 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
McNamara Sandra Breland	Executive Vice President, COO	4370 PEACHTREE ROAD NE, SUITE 400, ATLANTA	/s/ Ginger Davis by Power of Attorney	17 Feb 2026	0001978323

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GTN	Common Stock	Award	$1,105,002	+238,147	+44%	$4.64	782,656	12 Feb 2026	Direct	F1
holding	GTN	Common Stock						2,033	12 Feb 2026	By 401(k)	F2

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

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted stock, which vests ratably on 2/28/27, 2/29/28, and 2/28/29.
F2	Amounts reflect the reporting person's current balance in the 401(k) Plan.