NEWTON HOWELL 4

What Happened

• Newton Howell, a director of Gray Media, Inc. (GTN), received an award of 30,741 restricted shares on 2026-05-06. The reported acquisition price is $0.00 (total reported value $0) — this is a compensation award, not an open-market purchase or sale.
• Per the filing footnote, the restricted stock grant vests in full on April 30, 2027.

Key Details

• Transaction date and price: 2026-05-06; acquired 30,741 shares at $0.00 per share (report lists value $0).
• Vesting: Grant vests in full on April 30, 2027 (Footnote F1).
• Shares owned after transaction: Not specified in the provided filing summary.
• Filing date/timeliness: Form 4 was filed on 2026-05-08 (two days after the transaction), which appears to be a timely filing.

Context

• Restricted stock awards are a form of compensation that typically vest over time; they do not represent an immediate cash purchase or sale and may be forfeitable until vesting.
• Such awards are common for directors and executives as part of pay packages; they are informative about compensation but do not alone signal a buying/selling decision.