McNamara Sandra Breland 4

What Happened

• Sandra Breland McNamara, Executive Vice President and COO of Gray Media, received a grant of 238,147 restricted shares on 2026-02-12. The award was reported at $4.64 per share, for a total grant value of about $1,105,002. This was an equity award (A = award/grant), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-02-12 at $4.64 per share.
• Shares granted: 238,147; reported total value ≈ $1,105,002.
• Vesting: Grant vests ratably on 02/28/2027, 02/29/2028 and 02/28/2029 (per filing footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Report filed 2026-02-17 for a 2026-02-12 transaction; this appears to be timely (Form 4 is due within two business days).
• Other footnote: F2 in the filing refers to the reporting person’s current 401(k) Plan balance (not directly related to this award).

Context

• This was a restricted stock award that vests over future dates, so it does not represent an immediate market purchase or sale and does not by itself indicate trading intent. Such awards are common components of executive compensation.