LaPlatney D Patrick 4

What Happened

• D. Patrick LaPlatney, President, Co‑CEO and Director of Gray Media, was granted 365,302 restricted shares on Feb 12, 2026. The award is recorded at $4.64 per share for a total value of $1,695,001. This was a compensation grant (award), not an open‑market purchase or sale.

Key Details

• Transaction date and price: 2026-02-12; 365,302 shares at $4.64 per share (total $1,695,001).
• Transaction type: Award/grant of restricted stock (Form 4 code A — acquisition).
• Vesting: The restricted shares vest ratably on 2027-02-28, 2028-02-29, and 2029-02-28 (Footnote F1).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Filing timing: Form filed 2026-02-17 for a 2026-02-12 grant — more than two business days after the transaction; this appears later than the typical Form 4 deadline.
• Other footnote: F2 on the filing references a 401(k) plan balance (not directly related to this restricted stock grant).

Context

• This was a compensation award (restricted stock) rather than a market purchase; such grants are commonly part of executive pay and may be routine. Vesting schedule means the shares are subject to service/time conditions rather than immediate free sale.