Boston Omaha (BOC) Director David S. Graff Receives Award of 5,252 Shares

What Happened
David S. Graff, a director of Boston Omaha Corporation (BOC), was granted 5,252 shares of Class A common stock on 2026-09-14 under the company's 2022 Long-Term Incentive Plan. The grant is reported at $13.71 per share, for a total reported value of $72,005. This was an award for board service rather than an open-market purchase.

Key Details

• Transaction date: 2026-09-14; Form 4 filed: 2026-09-16 (filed within the routine 2-business-day window).
• Transaction type/code: A — Award/Grant (acquisition of shares).
• Shares granted: 5,252; price per share reported: $13.71; total value: $72,005.
• Shares are held by Mr. Graff’s spouse; he may be deemed to have indirect beneficial ownership (per filing footnote).
• The filing does not state the total shares Graff beneficially owned after this transaction.

Context
This was a compensation grant under Boston Omaha’s 2022 Long-Term Incentive Plan for board service; such awards are common and reflect corporate compensation practices rather than open-market buying or selling. Because the shares were granted (not purchased or sold), the transaction is more about remuneration than a direct signal of the director’s market view.