GRAY TELEVISION INC

Ticker: GTN CUSIP: 389375106 Class: Common Stock

ARISTEIA CAPITAL, L.L.C.'s Holding History (CIK: 0001080171)

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

Q4 2025

Shares 156,508 Value ($000) $757 Avg Close $4.89 Range $4.25 - $5.86

Q2 2025

Shares 178,770 Value ($000) $810 Avg Close $3.88 Range $3.13 - $4.77

Q1 2025

Shares 189,780 Value ($000) $820 Avg Close $3.93 Range $3.15 - $5.29

Q1 2024

Shares 747,595 Value ($000) $4,725 Avg Close $7.64 Range $5.44 - $10.07

Q4 2023

Shares 843,806 Value ($000) $7,561 Avg Close $7.45 Range $5.97 - $9.23

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	156,508	$757	$4.89	$4.25 - $5.86
Q2 2025	178,770	$810	$3.88	$3.13 - $4.77
Q1 2025	189,780	$820	$3.93	$3.15 - $5.29
Q1 2024	747,595	$4,725	$7.64	$5.44 - $10.07
Q4 2023	843,806	$7,561	$7.45	$5.97 - $9.23