Donald Graham, a director and 10% owner of Graham Holdings Co (NYSE:GHC), filed a statement of changes in beneficial ownership on August 14, 2026, disclosing a derivative security transaction dated August 13, 2026 involving Class A and Class B Common Stock.

Key Highlights

  • Reporting person: Donald Graham, identified as both a Director and 10% Owner of Graham Holdings Co.
  • Transaction date: August 13, 2026, with the filing submitted on August 14, 2026.
  • Transaction type: A code "J" transaction reflecting a distribution of 12,633 Class A Common Stock shares pursuant to the terms of a trust of which the reporting person is a trustee and beneficiary.
  • Direct holdings following transaction: 150,469 shares of Class B Common Stock held directly.
  • Indirect holdings following transaction: 375,592 shares of Class B Common Stock held indirectly as beneficiary of trusts.
  • Conversion feature: According to the filing, Class A Common Stock shares are convertible into Class B Common Stock at any time on a one-for-one basis and have no expiration date.

Donald Graham's Trust Distribution and Resulting Ownership in Graham Holdings

According to the filing, Donald Graham disclosed a transaction coded "J" on August 13, 2026, representing a distribution of 12,633 shares of Class A Common Stock made pursuant to the terms of a trust of which Graham is both a trustee and a beneficiary. Graham Holdings Co, listed on the New York Stock Exchange under the symbol GHC, is the issuer named in the filing. The filing was signed by Nicole Maddrey as attorney-in-fact on August 14, 2026.

Following the reported transaction, the filing indicates that Graham directly holds 150,469 shares of Class B Common Stock. In addition, 375,592 shares of Class B Common Stock are reported as indirectly held, with the nature of the indirect beneficial ownership described as "Beneficiary of Trusts." The filing notes that Class A Common Stock is convertible into Class B Common Stock at any time on a one-for-one basis and carries no expiration date. No price is listed for the reported transaction in the filing's derivative securities table.

What Was Disclosed

Donald Graham, a Director and 10% Owner of Graham Holdings Co (NYSE:GHC), disclosed a trust distribution of 12,633 Class A Common Stock shares on August 13, 2026. After the transaction, Graham's direct and indirect beneficial ownership totals were reported as 150,469 and 375,592 shares of Class B Common Stock, respectively.