---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-150458"
form_type: "8-K"
ticker: "GTN"
cik: "0000043196"
company_name: "GRAY MEDIA, INC"
filed_at: "2023-05-22T23:59:59+00:00"
generated_at: "2026-06-14T18:42:08.882481+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Gray Television appoints Sandy Breland as EVP and COO effective May 22, 2023

## Summary
- Breland, 60, previously Senior Managing VP, succeeds Bob Smith who retired after long tenure.
- Annual base salary of $775,000; target cash incentive of 90% of base salary for FY2023.
- Equity award for FY2023: grant date fair value 180% of base salary, 50% restricted stock (3-year vest) and 50% performance shares (0-200% payout by Feb 2026).
- Breland joined Gray via Raycom Media acquisition in 2019; oversaw stations in 16 markets and news operations.

## SEC filing metadata
- accession: 0001193125-23-150458
- form_type: 8-K
- ticker: GTN
- cik: 0000043196
- company_name: GRAY MEDIA, INC
- filed_at: 2023-05-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/43196/000119312523150458/0001193125-23-150458-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/43196/000119312523150458/d689951d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-150458
- JSON: https://secwatch.observer/filing/0001193125-23-150458.json
- Plain text: https://secwatch.observer/filing/0001193125-23-150458.txt

## Key facts
- Executive change
  Sandra Breland was appointed as Executive Vice President and Chief Operating Officer at GRAY MEDIA, INC.
  - Action: appointed
  - Role: Executive Vice President and Chief Operating Officer
  source text: On May 22, 2023, Gray Television, Inc. (the “Company”), announced the appointment of Sandra (“Sandy”) Breland, as the Company’s Executive Vice President and Chief Operating Officer, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/43196/000119312523150458/0001193125-23-150458-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.