Gray Media, INC 8-K Filing

Key Financial Figures

• $3.750 million — make quarterly principal reductions of $3.750 million and $1.250 million, respectively, each
• $1.250 m — ncipal reductions of $3.750 million and $1.250 million, respectively, each of which has
• $10 million — that it intends to repay the remaining $10 million outstanding principal amount under the
• $50.0 million — Revolving Credit Facility or more than $50.0 million of undrawn letters of credit are outsta

Filing Documents

• gtn20260331_8k.htm (8-K) — 35KB
• ex_939826.htm (EX-10.1) — 1660KB
• 0001437749-26-010908.txt ( ) — 2139KB
• gtn-20260331.xsd (EX-101.SCH) — 4KB
• gtn-20260331_def.xml (EX-101.DEF) — 13KB
• gtn-20260331_lab.xml (EX-101.LAB) — 18KB
• gtn-20260331_pre.xml (EX-101.PRE) — 13KB
• gtn20260331_8k_htm.xml (XML) — 5KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. On March 31, 2026, Gray Media, Inc. (the "Company"), entered into a sixth amendment (the "Sixth Amendment") to its Fifth Amended and Restated Credit Agreement (as amended, including by the Sixth Amendment, the "Senior Credit Facility"), dated as of December 1, 2021, by and among the Company, the guarantors party thereto, Wells Fargo Bank, National Association ("Wells Fargo"), as administrative agent, and the other agents and lenders party thereto. All capitalized terms set forth but not defined herein have the meanings as ascribed to them in the Senior Credit Facility. The Sixth Amendment, which amended and restated the Senior Credit Facility in its entirety, did not change the commitments under the Revolving Credit Facility, the principal amounts of the Term Loans, or the stated maturities under the Senior Credit Facility. No new borrowings were incurred in connection with the Sixth Amendment. The Revolving Credit Facility bears interest, at the option of the Company, based on Term SOFR plus an applicable margin ranging from 1.75%–2.75% or the Base Rate plus an applicable margin ranging from 0.75%–1.75%, in each case based on a leverage ratio set forth in the Senior Credit Facility (the "Consolidated First Lien Net Leverage Ratio"). The Company is required to pay a commitment fee on the average daily unused portion of the Revolving Credit Facility, which rate ranges from 0.250% to 0.400% per annum, based on the Consolidated First Lien Net Leverage Ratio. The Term Loans bear interest, at the option of the Company, at either Term SOFR plus an applicable margin or the Base Rate plus an applicable margin. "Base Rate" is defined as the greatest of (i) the administrative agent's prime rate, (ii) the overnight federal funds rate plus 0.50% and (iii) Term SOFR for a one month tenor in effect on such day plus 1.00%. The Company's applicable margin with respect to the Term Loans is 3.00% for the Term D Loan (plus a

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits 10.1 Sixth Amendment to Credit Agreement and Amendment to Guaranty Agreement and Security Agreement, dated as of March 31, 2026, among Gray Media, Inc., the Revolving Credit Lenders and Issuing Banks party thereto, the Guarantors party thereto, and Wells Fargo Bank, National Association, as administrative agent, Issuing Bank and Swing Line Lender. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Gray Media, Inc. April 1, 2026 By: /s/ Jeffrey R. Gignac Name: Jeffrey R. Gignac Title: Executive Vice President and Chief Financial Officer

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