X0508 4 2024-09-23 0000104889 Graham Holdings Co GHC 0001621362 O'Shaughnessy Timothy J C/O GRAHAM HOLDINGS COMPANY 1300 NORTH 17TH STREET, SUITE 1700 ARLINGTON VA 22209 true true President and CEO false Class B Common Stock 2024-09-23 4 M 0 25752 719.15 A 44610 D Class B Common Stock 2024-09-23 4 F 0 24412 800.6 D 20198 D Class B Common Stock 4099 I Spouse Class B Common Stock 5600 I Trust for spouse and children Stock Option (Right to Buy) 719.15 2024-09-23 4 M 0 25752 0 D 2024-11-03 Class B Common Stock 25752 51506 D Class A Common Stock Class B Common Stock 2700 2700 I Spouse Includes 3 shares of Class B Common Stock held by the reporting person in his Graham Holdings Company 401(k) plan account. The options exercise is executed in anticipation of the November 3, 2024 expiration date on a net settlement basis. The reporting person is a trustee of the trust that owns the reported securities, but he is not a beneficiary of such trust. The reporting person disclaims beneficial ownership of the reported securities. Grant of the stock option, with 12,876 vesting on each of September 10, 2021, September 10, 2022, September 10, 2023 and September 10, 2024 and 12,877 vesting on each of September 10, 2025 and September 10, 2026. After this exercise of 25,752 options, the reporting person has remaining 51,506 vested and exercisable options. Shares of Class A Common Stock are convertible into shares of Class B Common Stock at any time on a one-for-one basis and have no expiration date. /s/ Nicole Maddrey, attorney-in-fact 2024-09-25