Graham Holdings (GHC) EVP Maas logs 1,000-share vesting, 377-share tax sale
Rhea-AI Filing Summary
Graham Holdings Company executive vice president Jacob Maas reported equity compensation activity in the company’s Class B Common Stock. On January 16, 2026, he acquired 1,000 shares at $0 per share upon vesting of a restricted stock unit award tied to stock price performance, then had 377 shares withheld at a price of $1,150.5 per share to cover associated taxes. After these transactions, Maas directly owned 6,657 Class B shares.
The filing explains that this award was granted on January 19, 2022 with price-based vesting. Each 1,000-share tranche vests when the Class B stock closes at or above specified price levels for 90 consecutive days on or before December 31, 2027. Earlier tranches vested when price goals up to the fourth threshold were met, and a fifth 1,000-share tranche may vest if the closing price exceeds $1,100 for 90 consecutive days, with potential additional 1,000-share increments for each further $100 price increase maintained for 90 days in that period.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 1,000 | $0.00 | -- |
| Tax Withholding | Class B Common Stock | 377 | $1,150.50 | $434K |
Footnotes (1)
- 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. 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). N/A 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.
