GRAY TELEVISION INC

Ticker: GTN CUSIP: 389375106 Class: Common Stock

CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM's Holding History (CIK: 0001081019)

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

Q4 2025

Shares 5,413 Value ($000) $26 Avg Close $4.89 Range $4.25 - $5.86

Q3 2025

Shares 6,205 Value ($000) $36 Avg Close $5.43 Range $3.50 - $6.31

Q2 2025

Shares 6,200 Value ($000) $28 Avg Close $3.88 Range $3.13 - $4.77

Q1 2025

Shares 6,200 Value ($000) $27 Avg Close $3.93 Range $3.15 - $5.29

Q4 2024

Shares 80,507 Value ($000) $254 Avg Close $4.67 Range $2.91 - $6.16

Q3 2024

Shares 81,082 Value ($000) $435 Avg Close $5.15 Range $4.15 - $6.61

Q2 2024

Shares 81,921 Value ($000) $426 Avg Close $5.85 Range $4.72 - $7.41

Q1 2024

Shares 83,078 Value ($000) $525 Avg Close $7.64 Range $5.44 - $10.07

Q4 2023

Shares 87,787 Value ($000) $787 Avg Close $7.45 Range $5.97 - $9.23

Q3 2023

Shares 91,321 Value ($000) $632 Avg Close $8.24 Range $6.68 - $10.69

Q2 2023

Shares 99,036 Value ($000) $780 Avg Close $7.69 Range $6.50 - $8.83

Q1 2023

Shares 98,139 Value ($000) $856 Avg Close $11.15 Range $8.09 - $14.40

Q4 2022

Shares 99,648 Value ($000) $1,115 Avg Close $12.40 Range $8.61 - $15.79

Q3 2022

Shares 100,662 Value ($000) $1,441 Avg Close $18.34 Range $14.18 - $20.83

Q2 2022

Shares 103,491 Value ($000) $1,748 Avg Close $19.43 Range $16.25 - $22.52

Q1 2022

Shares 104,331 Value ($000) $2,303 Avg Close $22.06 Range $19.22 - $24.81

Q4 2021

Shares 113,428 Value ($000) $2,287 Avg Close $22.14 Range $18.31 - $25.24

Q3 2021

Shares 111,389 Value ($000) $2,542 Avg Close $22.13 Range $20.24 - $24.43

Q2 2021

Shares 117,894 Value ($000) $2,759 Avg Close $21.70 Range $18.39 - $24.04

Q1 2021

Shares 130,936 Value ($000) $2,409 Avg Close $18.51 Range $16.30 - $21.22

Q4 2020

Shares 131,408 Value ($000) $2,351 Avg Close $15.85 Range $11.96 - $19.40

Q3 2020

Shares 131,408 Value ($000) $1,809 Avg Close $14.62 Range $13.00 - $16.16

Q2 2020

Shares 134,698 Value ($000) $1,879 Avg Close $12.81 Range $9.19 - $17.80

Q1 2020

Shares 137,544 Value ($000) $1,477 Avg Close $18.09 Range $8.53 - $23.07

Q4 2019

Shares 139,097 Value ($000) $2,982 Avg Close $18.57 Range $14.63 - $21.92

Q3 2019

Shares 141,889 Value ($000) $2,316 Avg Close $16.43 Range $13.60 - $18.73

Q2 2019

Shares 140,212 Value ($000) $2,298 Avg Close $19.81 Range $15.77 - $25.31

Q1 2019

Shares 122,352 Value ($000) $2,613 Avg Close $18.64 Range $14.44 - $23.45

Q4 2018

Shares 125,072 Value ($000) $1,844 Avg Close $17.36 Range $13.75 - $20.24

Q3 2018

Shares 122,252 Value ($000) $2,139 Avg Close $16.37 Range $14.60 - $17.90

Q2 2018

Shares 122,481 Value ($000) $1,935 Avg Close $12.00 Range $10.70 - $17.00

Q1 2018

Shares 122,481 Value ($000) $1,556 Avg Close $15.09 Range $11.80 - $17.80

Q4 2017

Shares 100,936 Value ($000) $1,691 Avg Close $15.62 Range $13.90 - $17.50

Q3 2017

Shares 102,196 Value ($000) $1,604 Avg Close $14.30 Range $13.30 - $15.75

Q2 2017

Shares 113,462 Value ($000) $1,554 Avg Close $13.50 Range $11.70 - $15.45

Q1 2017

Shares 126,285 Value ($000) $1,831 Avg Close $12.66 Range $9.95 - $15.10

Q4 2016

Shares 132,185 Value ($000) $1,434 Avg Close $9.81 Range $7.00 - $11.40

Q3 2016

Shares 135,785 Value ($000) $1,407 Avg Close $10.90 Range $9.15 - $11.90

Q2 2016

Shares 134,485 Value ($000) $1,459 Avg Close $11.80 Range $10.43 - $14.77

Q1 2016

Shares 133,727 Value ($000) $1,567 Avg Close $12.31 Range $9.95 - $16.26

Q4 2015

Shares 117,010 Value ($000) $1,907 Avg Close $15.66 Range $12.46 - $17.70

Q3 2015

Shares 114,895 Value ($000) $1,466 Avg Close $14.21 Range $10.38 - $18.07

Q2 2015

Shares 115,295 Value ($000) $1,808 Avg Close $14.67 Range $13.18 - $16.67

Q1 2015

Shares 90,846 Value ($000) $1,255 Avg Close $11.36 Range $9.17 - $14.80

Q4 2014

Shares 91,846 Value ($000) $1,029 Avg Close $9.58 Range $7.16 - $11.73

Q3 2014

Shares 91,455 Value ($000) $721 Avg Close $10.95 Range $7.88 - $13.94

Q2 2014

Shares 90,436 Value ($000) $1,187 Avg Close $11.23 Range $9.02 - $13.44

Q1 2014

Shares 91,436 Value ($000) $948 Avg Close $11.35 Range $9.04 - $14.98

Q4 2013

Shares 91,036 Value ($000) $1,355 Avg Close $10.57 Range $6.88 - $15.17

Q3 2013

Shares 89,936 Value ($000) $706 Avg Close $7.49 Range $6.01 - $9.46

Q2 2013

Shares 87,636 Value ($000) $631 Avg Close $5.99 Range $4.37 - $7.49

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	5,413	$26	$4.89	$4.25 - $5.86
Q3 2025	6,205	$36	$5.43	$3.50 - $6.31
Q2 2025	6,200	$28	$3.88	$3.13 - $4.77
Q1 2025	6,200	$27	$3.93	$3.15 - $5.29
Q4 2024	80,507	$254	$4.67	$2.91 - $6.16
Q3 2024	81,082	$435	$5.15	$4.15 - $6.61
Q2 2024	81,921	$426	$5.85	$4.72 - $7.41
Q1 2024	83,078	$525	$7.64	$5.44 - $10.07
Q4 2023	87,787	$787	$7.45	$5.97 - $9.23
Q3 2023	91,321	$632	$8.24	$6.68 - $10.69
Q2 2023	99,036	$780	$7.69	$6.50 - $8.83
Q1 2023	98,139	$856	$11.15	$8.09 - $14.40
Q4 2022	99,648	$1,115	$12.40	$8.61 - $15.79
Q3 2022	100,662	$1,441	$18.34	$14.18 - $20.83
Q2 2022	103,491	$1,748	$19.43	$16.25 - $22.52
Q1 2022	104,331	$2,303	$22.06	$19.22 - $24.81
Q4 2021	113,428	$2,287	$22.14	$18.31 - $25.24
Q3 2021	111,389	$2,542	$22.13	$20.24 - $24.43
Q2 2021	117,894	$2,759	$21.70	$18.39 - $24.04
Q1 2021	130,936	$2,409	$18.51	$16.30 - $21.22
Q4 2020	131,408	$2,351	$15.85	$11.96 - $19.40
Q3 2020	131,408	$1,809	$14.62	$13.00 - $16.16
Q2 2020	134,698	$1,879	$12.81	$9.19 - $17.80
Q1 2020	137,544	$1,477	$18.09	$8.53 - $23.07
Q4 2019	139,097	$2,982	$18.57	$14.63 - $21.92
Q3 2019	141,889	$2,316	$16.43	$13.60 - $18.73
Q2 2019	140,212	$2,298	$19.81	$15.77 - $25.31
Q1 2019	122,352	$2,613	$18.64	$14.44 - $23.45
Q4 2018	125,072	$1,844	$17.36	$13.75 - $20.24
Q3 2018	122,252	$2,139	$16.37	$14.60 - $17.90
Q2 2018	122,481	$1,935	$12.00	$10.70 - $17.00
Q1 2018	122,481	$1,556	$15.09	$11.80 - $17.80
Q4 2017	100,936	$1,691	$15.62	$13.90 - $17.50
Q3 2017	102,196	$1,604	$14.30	$13.30 - $15.75
Q2 2017	113,462	$1,554	$13.50	$11.70 - $15.45
Q1 2017	126,285	$1,831	$12.66	$9.95 - $15.10
Q4 2016	132,185	$1,434	$9.81	$7.00 - $11.40
Q3 2016	135,785	$1,407	$10.90	$9.15 - $11.90
Q2 2016	134,485	$1,459	$11.80	$10.43 - $14.77
Q1 2016	133,727	$1,567	$12.31	$9.95 - $16.26
Q4 2015	117,010	$1,907	$15.66	$12.46 - $17.70
Q3 2015	114,895	$1,466	$14.21	$10.38 - $18.07
Q2 2015	115,295	$1,808	$14.67	$13.18 - $16.67
Q1 2015	90,846	$1,255	$11.36	$9.17 - $14.80
Q4 2014	91,846	$1,029	$9.58	$7.16 - $11.73
Q3 2014	91,455	$721	$10.95	$7.88 - $13.94
Q2 2014	90,436	$1,187	$11.23	$9.02 - $13.44
Q1 2014	91,436	$948	$11.35	$9.04 - $14.98
Q4 2013	91,036	$1,355	$10.57	$6.88 - $15.17
Q3 2013	89,936	$706	$7.49	$6.01 - $9.46
Q2 2013	87,636	$631	$5.99	$4.37 - $7.49