GRAY TELEVISION INC

Ticker: GTN CUSIP: 389375106 Class: Common Stock

MORGAN STANLEY's Holding History (CIK: 0000895421)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 2,338,308 Value ($000) $11,317 Avg Close $4.89 Range $4.25 - $5.86

Q3 2025

Shares 1,704,776 Value ($000) $9,854 Avg Close $5.43 Range $3.50 - $6.31

Q2 2025

Shares 1,241,863 Value ($000) $5,626 Avg Close $3.88 Range $3.13 - $4.77

Q1 2025

Shares 1,187,807 Value ($000) $5,131 Avg Close $3.93 Range $3.15 - $5.29

Q4 2024

Shares 992,974 Value ($000) $3,128 Avg Close $4.67 Range $2.91 - $6.16

Q3 2024

Shares 3,549,556 Value ($000) $19,026 Avg Close $5.15 Range $4.15 - $6.61

Q2 2024

Shares 4,619,578 Value ($000) $24,022 Avg Close $5.85 Range $4.72 - $7.41

Q1 2024

Shares 4,243,130 Value ($000) $26,817 Avg Close $7.64 Range $5.44 - $10.07

Q4 2023

Shares 5,293,319 Value ($000) $47,428 Avg Close $7.45 Range $5.97 - $9.23

Q3 2023

Shares 4,314,210 Value ($000) $29,854 Avg Close $8.24 Range $6.68 - $10.69

Q2 2023

Shares 4,310,379 Value ($000) $33,966 Avg Close $7.69 Range $6.50 - $8.83

Q1 2023

Shares 556,408 Value ($000) $4,852 Avg Close $11.15 Range $8.09 - $14.40

Q4 2022

Shares 1,612,534 Value ($000) $18,044 Avg Close $12.40 Range $8.61 - $15.79

Q3 2022

Shares 742,788 Value ($000) $10,638 Avg Close $18.34 Range $14.18 - $20.83

Q2 2022

Shares 683,001 Value ($000) $11,536 Avg Close $19.43 Range $16.25 - $22.52

Q1 2022

Shares 305,036 Value ($000) $6,732 Avg Close $22.06 Range $19.22 - $24.81

Q4 2021

Shares 153,121 Value ($000) $3,086 Avg Close $22.14 Range $18.31 - $25.24

Q3 2021

Shares 275,974 Value ($000) $6,299 Avg Close $22.13 Range $20.24 - $24.43

Q2 2021

Shares 270,218 Value ($000) $6,323 Avg Close $21.70 Range $18.39 - $24.04

Q1 2021

Shares 290,960 Value ($000) $5,355 Avg Close $18.51 Range $16.30 - $21.22

Q4 2020

Shares 627,995 Value ($000) $11,235 Avg Close $15.85 Range $11.96 - $19.40

Q3 2020

Shares 794,921 Value ($000) $10,945 Avg Close $14.62 Range $13.00 - $16.16

Q2 2020

Shares 451,128 Value ($000) $6,294 Avg Close $12.81 Range $9.19 - $17.80

Q1 2020

Shares 129,863 Value ($000) $1,395 Avg Close $18.09 Range $8.53 - $23.07

Q4 2019

Shares 193,268 Value ($000) $4,143 Avg Close $18.57 Range $14.63 - $21.92

Q3 2019

Shares 106,645 Value ($000) $1,740 Avg Close $16.43 Range $13.60 - $18.73

Q2 2019

Shares 69,607 Value ($000) $1,140 Avg Close $19.81 Range $15.77 - $25.31

Q1 2019

Shares 187,545 Value ($000) $4,005 Avg Close $18.64 Range $14.44 - $23.45

Q4 2018

Shares 183,568 Value ($000) $2,705 Avg Close $17.36 Range $13.75 - $20.24

Q3 2018

Shares 161,960 Value ($000) $2,835 Avg Close $16.37 Range $14.60 - $17.90

Q2 2018

Shares 180,482 Value ($000) $2,851 Avg Close $12.00 Range $10.70 - $17.00

Q1 2018

Shares 183,527 Value ($000) $2,330 Avg Close $15.09 Range $11.80 - $17.80

Q4 2017

Shares 261,106 Value ($000) $4,372 Avg Close $15.62 Range $13.90 - $17.50

Q3 2017

Shares 323,792 Value ($000) $5,084 Avg Close $14.30 Range $13.30 - $15.75

Q2 2017

Shares 77,791 Value ($000) $1,066 Avg Close $13.50 Range $11.70 - $15.45

Q1 2017

Shares 363,261 Value ($000) $5,267 Avg Close $12.66 Range $9.95 - $15.10

Q4 2016

Shares 304,211 Value ($000) $3,299 Avg Close $9.81 Range $7.00 - $11.40

Q3 2016

Shares 292,242 Value ($000) $3,027 Avg Close $10.90 Range $9.15 - $11.90

Q2 2016

Shares 55,698 Value ($000) $604 Avg Close $11.80 Range $10.43 - $14.77

Q1 2016

Shares 274,016 Value ($000) $3,212 Avg Close $12.31 Range $9.95 - $16.26

Q4 2015

Shares 121,680 Value ($000) $1,983 Avg Close $15.66 Range $12.46 - $17.70

Q3 2015

Shares 67,309 Value ($000) $859 Avg Close $14.21 Range $10.38 - $18.07

Q2 2015

Shares 312,088 Value ($000) $4,893 Avg Close $14.67 Range $13.18 - $16.67

Q1 2015

Shares 167,305 Value ($000) $2,311 Avg Close $11.36 Range $9.17 - $14.80

Q4 2014

Shares 33,028 Value ($000) $370 Avg Close $9.58 Range $7.16 - $11.73

Q3 2014

Shares 112,441 Value ($000) $886 Avg Close $10.95 Range $7.88 - $13.94

Q2 2014

Shares 45,848 Value ($000) $602 Avg Close $11.23 Range $9.02 - $13.44

Q1 2014

Shares 63,534 Value ($000) $659 Avg Close $11.35 Range $9.04 - $14.98

Q4 2013

Shares 569,631 Value ($000) $8,476 Avg Close $10.57 Range $6.88 - $15.17

Q3 2013

Shares 183,230 Value ($000) $1,439 Avg Close $7.49 Range $6.01 - $9.46

Q2 2013

Shares 186,180 Value ($000) $1,340 Avg Close $5.99 Range $4.37 - $7.49

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,338,308	$11,317	$4.89	$4.25 - $5.86
Q3 2025	1,704,776	$9,854	$5.43	$3.50 - $6.31
Q2 2025	1,241,863	$5,626	$3.88	$3.13 - $4.77
Q1 2025	1,187,807	$5,131	$3.93	$3.15 - $5.29
Q4 2024	992,974	$3,128	$4.67	$2.91 - $6.16
Q3 2024	3,549,556	$19,026	$5.15	$4.15 - $6.61
Q2 2024	4,619,578	$24,022	$5.85	$4.72 - $7.41
Q1 2024	4,243,130	$26,817	$7.64	$5.44 - $10.07
Q4 2023	5,293,319	$47,428	$7.45	$5.97 - $9.23
Q3 2023	4,314,210	$29,854	$8.24	$6.68 - $10.69
Q2 2023	4,310,379	$33,966	$7.69	$6.50 - $8.83
Q1 2023	556,408	$4,852	$11.15	$8.09 - $14.40
Q4 2022	1,612,534	$18,044	$12.40	$8.61 - $15.79
Q3 2022	742,788	$10,638	$18.34	$14.18 - $20.83
Q2 2022	683,001	$11,536	$19.43	$16.25 - $22.52
Q1 2022	305,036	$6,732	$22.06	$19.22 - $24.81
Q4 2021	153,121	$3,086	$22.14	$18.31 - $25.24
Q3 2021	275,974	$6,299	$22.13	$20.24 - $24.43
Q2 2021	270,218	$6,323	$21.70	$18.39 - $24.04
Q1 2021	290,960	$5,355	$18.51	$16.30 - $21.22
Q4 2020	627,995	$11,235	$15.85	$11.96 - $19.40
Q3 2020	794,921	$10,945	$14.62	$13.00 - $16.16
Q2 2020	451,128	$6,294	$12.81	$9.19 - $17.80
Q1 2020	129,863	$1,395	$18.09	$8.53 - $23.07
Q4 2019	193,268	$4,143	$18.57	$14.63 - $21.92
Q3 2019	106,645	$1,740	$16.43	$13.60 - $18.73
Q2 2019	69,607	$1,140	$19.81	$15.77 - $25.31
Q1 2019	187,545	$4,005	$18.64	$14.44 - $23.45
Q4 2018	183,568	$2,705	$17.36	$13.75 - $20.24
Q3 2018	161,960	$2,835	$16.37	$14.60 - $17.90
Q2 2018	180,482	$2,851	$12.00	$10.70 - $17.00
Q1 2018	183,527	$2,330	$15.09	$11.80 - $17.80
Q4 2017	261,106	$4,372	$15.62	$13.90 - $17.50
Q3 2017	323,792	$5,084	$14.30	$13.30 - $15.75
Q2 2017	77,791	$1,066	$13.50	$11.70 - $15.45
Q1 2017	363,261	$5,267	$12.66	$9.95 - $15.10
Q4 2016	304,211	$3,299	$9.81	$7.00 - $11.40
Q3 2016	292,242	$3,027	$10.90	$9.15 - $11.90
Q2 2016	55,698	$604	$11.80	$10.43 - $14.77
Q1 2016	274,016	$3,212	$12.31	$9.95 - $16.26
Q4 2015	121,680	$1,983	$15.66	$12.46 - $17.70
Q3 2015	67,309	$859	$14.21	$10.38 - $18.07
Q2 2015	312,088	$4,893	$14.67	$13.18 - $16.67
Q1 2015	167,305	$2,311	$11.36	$9.17 - $14.80
Q4 2014	33,028	$370	$9.58	$7.16 - $11.73
Q3 2014	112,441	$886	$10.95	$7.88 - $13.94
Q2 2014	45,848	$602	$11.23	$9.02 - $13.44
Q1 2014	63,534	$659	$11.35	$9.04 - $14.98
Q4 2013	569,631	$8,476	$10.57	$6.88 - $15.17
Q3 2013	183,230	$1,439	$7.49	$6.01 - $9.46
Q2 2013	186,180	$1,340	$5.99	$4.37 - $7.49