Graham Holdings Co. Files Definitive Proxy Statement

Ticker: GHC · Form: DEF 14A · Filed: Mar 26, 2024 · CIK: 104889

Sentiment: neutral

Topics: DEF 14A, Proxy Statement, Graham Holdings, Executive Compensation, Shareholder Proposals

TL;DR

<b>Graham Holdings Co. has filed its Definitive Proxy Statement for the fiscal year ending December 31, 2023.</b>

AI Summary

Graham Holdings Co (GHC) filed a Proxy Statement (DEF 14A) with the SEC on March 26, 2024. Graham Holdings Co. filed a DEF 14A form on March 26, 2024. The filing covers the fiscal year ending December 31, 2023. The company was formerly known as Washington Post Co. until July 3, 1992. Graham Holdings Co. is incorporated in Delaware. The company's business address is 1300 North 17th Street, Suite 1700, Arlington, VA 22209.

Why It Matters

For investors and stakeholders tracking Graham Holdings Co, this filing contains several important signals. This filing provides detailed information on executive compensation, board of directors, and shareholder proposals, which are crucial for investors to understand governance and potential future strategies. As a DEF 14A filing, it is a key document for shareholders to make informed voting decisions on matters presented at the annual meeting.

Risk Assessment

Risk Level: — Graham Holdings Co shows moderate risk based on this filing. The filing is a routine proxy statement and does not contain new financial performance data or significant strategic shifts, indicating a low level of immediate risk or opportunity.

Analyst Insight

Review the executive compensation details and any shareholder proposals to understand governance and potential impacts on future operations.

Key Numbers

Key Players & Entities

FAQ

When did Graham Holdings Co file this DEF 14A?

Graham Holdings Co filed this Proxy Statement (DEF 14A) with the SEC on March 26, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Graham Holdings Co (GHC).

Where can I read the original DEF 14A filing from Graham Holdings Co?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Graham Holdings Co.

What are the key takeaways from Graham Holdings Co's DEF 14A?

Graham Holdings Co filed this DEF 14A on March 26, 2024. Key takeaways: Graham Holdings Co. filed a DEF 14A form on March 26, 2024.. The filing covers the fiscal year ending December 31, 2023.. The company was formerly known as Washington Post Co. until July 3, 1992..

Is Graham Holdings Co a risky investment based on this filing?

Based on this DEF 14A, Graham Holdings Co presents a moderate-risk profile. The filing is a routine proxy statement and does not contain new financial performance data or significant strategic shifts, indicating a low level of immediate risk or opportunity.

What should investors do after reading Graham Holdings Co's DEF 14A?

Review the executive compensation details and any shareholder proposals to understand governance and potential impacts on future operations. The overall sentiment from this filing is neutral.

How does Graham Holdings Co compare to its industry peers?

Graham Holdings Co. operates within the educational services sector, as indicated by its SIC code 8200.

Are there regulatory concerns for Graham Holdings Co?

As a publicly traded company, Graham Holdings Co. is subject to the reporting requirements of the Securities and Exchange Commission (SEC), including the filing of proxy statements.

Industry Context

Graham Holdings Co. operates within the educational services sector, as indicated by its SIC code 8200.

Regulatory Implications

As a publicly traded company, Graham Holdings Co. is subject to the reporting requirements of the Securities and Exchange Commission (SEC), including the filing of proxy statements.

What Investors Should Do

  1. Analyze the detailed executive compensation packages disclosed in the proxy statement.
  2. Review the list of director nominees and their qualifications.
  3. Examine any shareholder proposals and the company's recommendations.

Year-Over-Year Comparison

This filing is a DEF 14A, which is a standard proxy statement, and does not represent a change from previous filings in terms of its nature, but provides updated information for the current fiscal year.

Filing Stats: 4,848 words · 19 min read · ~16 pages · Grade level 11.1 · Accepted 2024-03-26 09:05:50

Key Financial Figures

Filing Documents

From the Filing

DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 GRAHAM HOLDINGS COMPANY (Name of registrant as specified in its charter) (Name of person(s) filing proxy statement, if other than the registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. 1300 NORTH 17TH STREET | ARLINGTON, VA 22209 | (703) 345-6300 March 26, 2024 T O O UR S HAREHOLDERS : You are cordially invited to the 2024 Annual Meeting of Shareholders of Graham Holdings Company (the "Company") which will be held at The Hamilton, 600 14th Street, N.W., Washington, D.C. 20005, on Tuesday, May 7, 2024, at 8:30 a.m., Eastern Daylight Time. At the Company's 2024 Annual Meeting of Shareholders (the "Meeting"), there will be a report on the Company's activities and Directors will be elected for the ensuing year. In addition, the Class A Shareholders will have an advisory vote on whether to approve the compensation awarded to the Company's named executive officers for 2023. To reduce costs and the environmental impact of the Meeting, we have elected to provide access to our Proxy materials online under the U.S. Securities and Exchange Commission's "notice and access" rules. It is important that your shares are represented at the Meeting. You may cast your vote online or by telephone, or if you requested to receive printed Proxy materials, by mailing a Proxy or voting direction card. If you plan to attend the Meeting in person, kindly so indicate in the space provided on the Proxy. Please review the instructions on each of your voting options described in this Proxy Statement and in the Notice of Internet Availability of Proxy Materials that you received in the mail. Sincerely yours, A NNE M. M ULCAHY Chair GRAHAM HOLDINGS COMPANY Notice of Annual Meeting of Shareholders — May 7, 2024 The 2024 Annual Meeting of Shareholders of Graham Holdings Company will be held at The Hamilton, 600 14th Street, N.W., Washington, D.C. 20005, on Tuesday, May 7, 2024, at 8:30 a.m., Eastern Daylight Time, for the following purposes: 1. To elect Directors for the ensuing year, as more fully described in the accompanying Proxy Statement. 2. For the Class A Shareholders, on an advisory basis, to vote on whether to approve the compensation awarded to the named executive officers of the Company for 2023. 3. To transact such other business as may properly come before the Meeting or any adjournments thereof. The Board of Directors of the Company (the "Board") has fixed the close of business on March 13, 2024, as the record date for the determination of shareholders entitled to notice of and to vote at the Meeting. To reduce costs and the environmental impact of the Meeting, we have elected to provide access to our Proxy materials online under the U.S. Securities and Exchange Commission's "notice and access" rules. It is important that your shares are represented at the Meeting. You may cast your vote online or by telephone, or if you requested to receive printed Proxy materials, by mailing a Proxy or voting direction card. If you plan to attend the Meeting in person, kindly so indicate in the space provided on the Proxy. Please review the instructions on each of your voting options described in this Proxy Statement and in the Notice of Internet Availability of Proxy Materials that you received in the mail. You may revoke your Proxy at any time before it has been voted at the Meeting. You may vote in person at the Meeting even if you returned a Proxy, provided that you first revoke your previously voted Proxy. By Order of the Board of Directors, NICOLE M. MADDREY Secretary March 26, 2024 Arlington, VA Important notice regarding the availability of Proxy materials for the Annual Meeting of Shareholders to be held on May 7, 2024. This Proxy Statement and the Annual Report to Shareholders are available at www.ghco.com/2024-annual-meeting-shareholders. GRAHAM HOLDINGS COMPANY 1300 North 17th Street, Suite 1700, Arlington, VA 22209 March 26, 2024 This Proxy Statement contains information relating to the 2024 Annual Meeting of Shareholders of Graham Holdings Company to be held at The Hamilton, 600 14th Street, N.W., Washington, D.C. 20005, on Tuesday, May 7, 2024, at 8:30 a.m., Eastern Daylight Time, or any adjournments thereof, for the purposes set forth in the accompanying Notice

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