GRAY TELEVISION INC

Ticker: GTN CUSIP: 389375106 Class: Common Stock

MARTINGALE ASSET MANAGEMENT L P's Holding History (CIK: 0000936944)

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

Q4 2025

Shares 85,100 Value ($000) $412 Avg Close $4.89 Range $4.25 - $5.86

Q3 2025

Shares 132,640 Value ($000) $767 Avg Close $5.43 Range $3.50 - $6.31

Q1 2021

Shares 25,500 Value ($000) $470 Avg Close $18.51 Range $16.30 - $21.22

Q4 2020

Shares 60,975 Value ($000) $1,091 Avg Close $15.85 Range $11.96 - $19.40

Q3 2020

Shares 84,872 Value ($000) $1,169 Avg Close $14.62 Range $13.00 - $16.16

Q2 2020

Shares 59,668 Value ($000) $833 Avg Close $12.81 Range $9.19 - $17.80

Q3 2017

Shares 98,755 Value ($000) $1,551 Avg Close $14.30 Range $13.30 - $15.75

Q2 2017

Shares 98,755 Value ($000) $1,353 Avg Close $13.50 Range $11.70 - $15.45

Q1 2017

Shares 63,939 Value ($000) $928 Avg Close $12.66 Range $9.95 - $15.10

Q3 2013

Shares 124,500 Value ($000) $978 Avg Close $7.49 Range $6.01 - $9.46

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	85,100	$412	$4.89	$4.25 - $5.86
Q3 2025	132,640	$767	$5.43	$3.50 - $6.31
Q1 2021	25,500	$470	$18.51	$16.30 - $21.22
Q4 2020	60,975	$1,091	$15.85	$11.96 - $19.40
Q3 2020	84,872	$1,169	$14.62	$13.00 - $16.16
Q2 2020	59,668	$833	$12.81	$9.19 - $17.80
Q3 2017	98,755	$1,551	$14.30	$13.30 - $15.75
Q2 2017	98,755	$1,353	$13.50	$11.70 - $15.45
Q1 2017	63,939	$928	$12.66	$9.95 - $15.10
Q3 2013	124,500	$978	$7.49	$6.01 - $9.46