Jacob Maas - 19 Aug 2025 Form 4 Insider Report for Graham Holdings Co (GHC)

Signature
Nicole M. Maddrey
Issuer symbol
GHC
Transactions as of
19 Aug 2025
Net transactions value
-$268,194
Form type
4
Filing time
21 Aug 2025, 11:48:22 UTC
Previous filing
29 Jan 2025
Next filing
22 Oct 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Maas, Jacob Executive VP C/O GRAHAM HOLDINGS COMPANY, 1812 NORTH MOORE STREET, SUITE 2100, ARLINGTON Nicole M. Maddrey 21 Aug 2025 0001655513

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GHC Class B Common Stock Options Exercise $1,609,600 +2,000 +38% $804.80 7,287 19 Aug 2025 Direct
transaction GHC Class B Common Stock Tax liability $1,877,794 -1,752 -24% $1071.80 5,535 19 Aug 2025 Direct F1

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 Employee Stock Option (right to buy) Options Exercise $0 -2,000 -100% $0.000000 0 19 Aug 2025 Class B Common Stock 2,000 $804.80 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options exercise was executed in anticipation of the October 26, 2025 expiration date on a net settlement basis.
F2 The stock option is fully vested. After this exercise of 2,000 options, the reporting person has no vested and exercisable options remaining.