Jacob Maas - 16 Jan 2026 Form 4 Insider Report for Graham Holdings Co (GHC)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
21 Jan 2026, 16:19:51 UTC
Prior SEC filing
22 Oct 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Nicole M. Maddrey, attorney-in-fact

Key filing fact

Jacob Maas filed Form 4 for Graham Holdings Co (GHC) on 21 Jan 2026.

Key facts

  • This page summarizes Jacob Maas's Form 4 filing for Graham Holdings Co (GHC).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 21 Jan 2026, 16:19.

Change

  • Previous filing in this sequence was filed on 22 Oct 2025.
  • Current net transaction value: -$433,738.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001655513 Primary reporting owner

Maas, Jacob

Relationship
Executive VP
Address
C/O GRAHAM HOLDINGS COMPANY, 1812 NORTH MOORE STREET, SUITE 2100, ARLINGTON
Signature
/s/ Nicole M. Maddrey, attorney-in-fact
Signature date
21 Jan 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GHC transaction

Class B Common Stock

Award

Transaction value
$0
Shares
+1,000
Change %
+17%
Price
$0.000000
Shares after
7,034
Date
16 Jan 2026
Ownership
Direct
Footnotes
F1, F2, F3
GHC transaction

Class B Common Stock

Tax liability

Transaction value
$433,738
Shares
-377
Change %
-5.4%
Price
$1150.50
Shares after
6,657
Date
16 Jan 2026
Ownership
Direct
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

On January 19, 2022, the reporting person received a restricted stock unit award (Award) with price-based vesting conditions. The terms of the Award provide that 1,000 shares vest if the issuer's Class B Common Stock's closing price meets or exceeds $700 for 90 consecutive calendar days on or before December 31, 2027, with an additional 1,000 shares vesting following each additional incremental increase of $100 in the closing price of the issuer's Class B Common Stock maintained for 90 consecutive days on or before December 31, 2027. On November 5, 2024, the first 1,000 shares vested following achievement of the first stock price goal. On January 27, 2025, the second 1,000 shares vested following achievement of the second stock price goal. On October 20, 2025, the third 1,000 shares vested following achievement of the third stock price goal. On January 16, 2026, the fourth 1,000 shares vested following achievement of the fourth stock price goal.

Footnote F2

Represents the fifth tranche of the Award, which will vest if the closing price of the issuer's Class B Common Stock exceeds $1,100 for 90 consecutive calendar days on or before December 31, 2027. As noted above, if such price-based vesting condition is satisfied, the reporting person is eligible for vesting of additional 1,000 share increments of Class B Common Stock for each additional $100 increase in the closing price of the issuer's Class B Common Stock maintained for 90 consecutive days on or before December 31, 2027 (e.g., if the closing price of the issuer's Class B Common Stock exceeds $1,200 for 90 consecutive calendar days, then 1,000 additional shares of Class B Common stock will vest).

Footnote F3

N/A

Footnote F4

Represents withholding of Class B shares for the tax liability associated with the vesting and settlement of the restricted stock unit award referred to in footnote 1 above.

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