August 19, 2025 · Form 4 insider transaction
Maas, Jacob sold 1,752 shares of Graham Holdings at $1071.80 per share, a transaction worth $1.88M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
The options exercise was executed in anticipation of the October 26, 2025 expiration date on a net settlement basis.