<SEC-DOCUMENT>0000950157-24-001186.txt : 20240905
<SEC-HEADER>0000950157-24-001186.hdr.sgml : 20240905
<ACCEPTANCE-DATETIME>20240905164058
ACCESSION NUMBER:		0000950157-24-001186
CONFORMED SUBMISSION TYPE:	SC 13D
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20240905
DATE AS OF CHANGE:		20240905

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Graham Holdings Co
		CENTRAL INDEX KEY:			0000104889
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-EDUCATIONAL SERVICES [8200]
		ORGANIZATION NAME:           	07 Trade & Services
		IRS NUMBER:				530182885
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-64497
		FILM NUMBER:		241281903

	BUSINESS ADDRESS:	
		STREET 1:		1300 NORTH 17TH STREET
		STREET 2:		SUITE 1700
		CITY:			ARLINGTON
		STATE:			VA
		ZIP:			22209
		BUSINESS PHONE:		7033456300

	MAIL ADDRESS:	
		STREET 1:		1300 NORTH 17TH STREET
		STREET 2:		SUITE 1700
		CITY:			ARLINGTON
		STATE:			VA
		ZIP:			22209

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WASHINGTON POST CO
		DATE OF NAME CHANGE:	19920703

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			O'Shaughnessy Laura
		CENTRAL INDEX KEY:			0001813477
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		SC 13D

	MAIL ADDRESS:	
		STREET 1:		C/O VROOM, INC.
		STREET 2:		1375 BROADWAY, FLOOR 11
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10018

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OShaughnessy Laura
		DATE OF NAME CHANGE:	20200528
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D
<SEQUENCE>1
<FILENAME>sc13d.htm
<TEXT>
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    <div style="FONT-SIZE: 14pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">UNITED STATES</div>
    <div style="FONT-SIZE: 14pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="FONT-SIZE: 12pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">Washington, D.C. 20549</div>
    <div><br>
    </div>
    <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">SCHEDULE 13D</div>
    <div style="font-weight: bold; text-align: center;">Under the Securities Exchange Act of 1934</div>
    <div style="font-weight: bold; text-align: center;">(Amendment No. ____)*</div>
    <div style="font-weight: bold; text-align: center;">&#160;</div>
    <div style="font-weight: bold; text-align: center;">&#160;</div>
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          <td style="FONT-SIZE: 24pt; WIDTH: 100%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center">
            <div style="font-size: 18pt; font-weight: bold;">GRAHAM HOLDINGS COMPANY</div>
          </td>
        </tr>
        <tr>
          <td style="WIDTH: 100%; VERTICAL-ALIGN: top">
            <div style="TEXT-ALIGN: center">(Name of Issuer)</div>
          </td>
        </tr>
        <tr>
          <td style="WIDTH: 100%; VERTICAL-ALIGN: top">&#160;</td>
        </tr>
        <tr>
          <td style="WIDTH: 100%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
            <div style="text-align: center; font-weight: bold;">Class B Common Stock $1.00 par value</div>
          </td>
        </tr>
        <tr>
          <td style="WIDTH: 100%; VERTICAL-ALIGN: top">
            <div style="TEXT-ALIGN: center">(Title of Class of Securities)</div>
          </td>
        </tr>
        <tr>
          <td style="WIDTH: 100%; VERTICAL-ALIGN: top">&#160;</td>
        </tr>
        <tr>
          <td style="WIDTH: 100%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
            <div style="text-align: center; font-weight: bold;">939640 10 8</div>
          </td>
        </tr>
        <tr>
          <td style="WIDTH: 100%; VERTICAL-ALIGN: top">
            <div style="TEXT-ALIGN: center">(CUSIP Number)</div>
          </td>
        </tr>
        <tr>
          <td style="WIDTH: 100%; VERTICAL-ALIGN: top">&#160;</td>
        </tr>
        <tr>
          <td style="WIDTH: 100%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
            <div style="text-align: center; font-weight: bold;">Nicole M. Maddrey</div>
            <div style="text-align: center; font-weight: bold;">Graham Holdings Company</div>
            <div style="text-align: center; font-weight: bold;">1300 North 17th Street</div>
            <div style="text-align: center; font-weight: bold;">Arlington, VA 22209</div>
            <div style="text-align: center; font-weight: bold;">(703) 345-6300</div>
          </td>
        </tr>
        <tr>
          <td style="WIDTH: 100%; VERTICAL-ALIGN: top">
            <div style="TEXT-ALIGN: center">(Name, Address and Telephone Number of Person</div>
            <div style="TEXT-ALIGN: center">Authorized to Receive Notices and Communications)</div>
          </td>
        </tr>
        <tr>
          <td style="WIDTH: 100%; VERTICAL-ALIGN: top">&#160;</td>
        </tr>
        <tr>
          <td style="WIDTH: 100%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid">
            <div style="text-align: center; font-weight: bold;">September 3, 2024</div>
          </td>
        </tr>
        <tr>
          <td style="WIDTH: 100%; VERTICAL-ALIGN: top">
            <div style="TEXT-ALIGN: center">(Date of Event which Requires Filing of this Statement)</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div>
      <div>If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of &#167;&#167; 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following
        box &#9744;.</div>
    </div>
    <div><br>
    </div>
    <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"></sup>*The remainder of this cover page shall be filled out for a reporting person&#8217;s initial filing on this form with respect to the subject class of securities, and for any
    subsequent amendment containing information which would alter disclosures provided in a prior cover page.
    <div><br>
    </div>
    <div>The information required on the remainder of this cover page shall not be deemed to be &#8220;filed&#8221; for the purpose of section 18 of the Securities Exchange Act of 1934 (&#8220;Act&#8221;) or otherwise subject to the liabilities of that section of the Act but
      shall be subject to all other provisions of the Act (however, see the Notes).</div>
    <div>&#160;</div>
    <div style="TEXT-ALIGN: center">
      <hr style="border-top: black 1px solid; height: 10px; border-bottom: black 4px solid; color: #ffffff; margin-left: auto; background-color: #ffffff; margin-right: auto;"> </div>
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    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="width: 100%; border-width: 0px; clear: both; margin: 4px 0px; height: 2px; color: #bfbfbf; background-color: #bfbfbf;"></div>
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    <div>&#160;</div>
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          <td style="BORDER-TOP: #000000 1pt solid; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%" rowspan="3">
            <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">1</div>
          </td>
          <td style="BORDER-TOP: #000000 1pt solid; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%" colspan="3">
            <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">NAMES OF REPORTING PERSONS</div>
          </td>
          <td style="BORDER-TOP: #000000 1pt solid; VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-TOP: #000000 1pt solid; BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%" rowspan="2" colspan="3">
            <div style="text-align: left; font-weight: bold;">Laura G. O&#8217;Shaughnessy</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr style="HEIGHT: 13px">
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%" rowspan="3">
            <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">2</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%" colspan="3">
            <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: right">(a)</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: middle; PADDING-RIGHT: 2px; WIDTH: 5.01%">
            <div style="FONT-FAMILY: ''Times New Roman''; TEXT-ALIGN: left">&#9744;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%" rowspan="2" colspan="3">&#160;</td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: right">(b)</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: middle; PADDING-RIGHT: 2px; WIDTH: 5.01%">
            <div style="FONT-FAMILY: ''Times New Roman''; TEXT-ALIGN: left">&#9746;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%" rowspan="3">
            <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">3</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%; BACKGROUND-COLOR: #bfbfbf" colspan="3">
            <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">SEC USE ONLY</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%; BACKGROUND-COLOR: #bfbfbf">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%; BACKGROUND-COLOR: #bfbfbf">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr style="BACKGROUND-COLOR: #bfbfbf">
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%" rowspan="2" colspan="3">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr style="BACKGROUND-COLOR: #bfbfbf">
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%" rowspan="3">
            <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">4</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%" colspan="3">
            <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">SOURCE OF FUNDS (SEE INSTRUCTIONS)</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%" rowspan="2" colspan="3">
            <div style="text-align: left; font-weight: bold;">OO</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%" rowspan="3">
            <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">5</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%" colspan="3">
            <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: middle; PADDING-RIGHT: 2px; WIDTH: 5.01%">
            <div style="FONT-FAMILY: ''Times New Roman''; TEXT-ALIGN: left">&#9744;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%" rowspan="2" colspan="3">&#160;</td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%" rowspan="3">
            <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">6</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%" colspan="3">
            <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">CITIZENSHIP OR PLACE OF ORGANIZATION</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%" rowspan="2" colspan="3">
            <div style="text-align: left; font-weight: bold;">United States</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; FONT-WEIGHT: bold; BORDER-LEFT: #000000 1pt solid; WIDTH: 12.71%" rowspan="12" colspan="2">
            <div style="TEXT-ALIGN: center">NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%" rowspan="3">
            <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">7</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 76.38%">
            <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">SOLE VOTING POWER</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid; WIDTH: 76.38%" rowspan="2">
            <div style="text-align: left; font-weight: bold;">212,830</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%" rowspan="3">
            <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">8</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 76.38%">
            <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">SHARED VOTING POWER</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid; WIDTH: 76.38%" rowspan="2">
            <div style="text-align: left; font-weight: bold;">204,004</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%" rowspan="3">
            <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">9</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 76.38%">
            <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">SOLE DISPOSITIVE POWER</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid; WIDTH: 76.38%" rowspan="2"> 0<br>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%" rowspan="3">
            <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">10</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 76.38%">
            <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">SHARED DISPOSITIVE POWER</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid; WIDTH: 76.38%" rowspan="2">
            <div style="text-align: left; font-weight: bold;">9,499</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%" rowspan="3">
            <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">11</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%" colspan="3">
            <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%" rowspan="2" colspan="3">
            <div style="text-align: left; font-weight: bold;">416,834<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%" rowspan="3">
            <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">12</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%" colspan="3">
            <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: middle; PADDING-RIGHT: 2px; WIDTH: 5.01%">
            <div style="FONT-FAMILY: ''Times New Roman''; TEXT-ALIGN: left">&#9746;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%" rowspan="2" colspan="3">&#160;</td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%" rowspan="3">
            <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">13</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%" colspan="3">
            <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%" rowspan="2" colspan="3">
            <div style="text-align: left; margin-left: 2.2pt; font-weight: bold;"> <br>
            </div>
            <div style="text-align: left; margin-left: 2.2pt; font-weight: bold;">10.8%</div>
            <div><br>
            </div>
            <div style="text-align: left; font-weight: bold;">Calculated based on 3,845,846 shares of Class B Common Stock outstanding (3,435,811 shares of Class B Common Stock outstanding as of July 26, 2024,&#160;<font style="font-style: italic;">plus</font>
              410,035 shares issuable upon conversion of Class A Common Stock beneficially owned by the Reporting Person, share for share, into Class B Common Stock)</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%" rowspan="3">
            <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">14</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%" colspan="3">
            <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%" rowspan="2" colspan="3">
            <div style="text-align: left; font-weight: bold;">IN</div>
          </td>
          <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
          <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
            <div style="TEXT-ALIGN: left">&#160;</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <div>
      <hr noshade="noshade" align="left" style="background-color: #000000; border-bottom: medium none; border-left: medium none; border-right: medium none; border-top: medium none; margin: 0px auto 0px 0px; height: 1px; width: 15%; color: #000000;"> </div>
    <div>
      <div><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"> <br>
        </sup></div>
    </div>
    <div>
      <div>
        <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000; width: 100%;">

            <tr>
              <td style="width: 3%; text-align: left; vertical-align: top;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup><br>
              </td>
              <td style="width: 97%; text-align: left; vertical-align: top;">
                <div style="font-size: 8pt;">The aggregate amount reported as beneficially owned in Row 11 does not include (i) 132,415 Class B shares that the Reporting Person&#8217;s spouse has the right to purchase, pursuant to stock options, (ii) 16,156
                  Class B shares held by the Reporting Person&#8217;s spouse, and (iii) 5,600 Class B shares held in trust for the benefit of the Reporting Person and her children, for which, in each case, the Reporting Person has no voting or investment power
                  and expressly disclaims beneficial ownership.</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <br>
    <div> </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="width: 100%; border-width: 0px; clear: both; margin: 4px 0px; height: 2px; color: #bfbfbf; background-color: #bfbfbf;"></div>
    </div>
    <div style="font-weight: bold;">Item 1.&#160;&#160;Security and Issuer</div>
    <div><br>
    </div>
    <div>
      <div>This statement on Schedule 13D (this &#8220;Statement&#8221;) relates to the Class B Common Stock, par value $1.00 per share (the &#8220;Class&#160;B Common Stock&#8221;), of Graham Holdings Company, a Delaware corporation (the &#8220;Company&#8221;).&#160;The principal executive office of
        the Company is 1300 North 17th Street, Suite 1700, Arlington, VA 22209.</div>
    </div>
    <div><br>
    </div>
    <div style="font-weight: bold;">Item 2.&#160;&#160;Identity and Background</div>
    <div><br>
    </div>
    <div>
      <div>(a)-(c) This Statement is being filed by Laura G.<font style="font-weight: bold;">&#160;</font>O&#8217;Shaughnessy (the &#8220;Reporting Person&#8221;). The principal business address of the Reporting Person is 1300 North 17th Street, Suite 1700, Arlington, VA 22209.</div>
      <div><br>
      </div>
      <div>(d)-(e) During the last five years, the Reporting Person has not (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been party to a civil proceeding of a judicial or administrative body of
        competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities law or finding any
        violation with respect to such laws.</div>
      <div><br>
      </div>
      <div>(f) The Reporting Person is a citizen of the United States of America.</div>
    </div>
    <br>
    <div style="font-weight: bold;">Item 3.&#160;&#160;Source and Amount of Funds or Other Consideration</div>
    <div><br>
    </div>
    <div>
      <div>The information set forth in Row 4 and Item 5 of this Statement is hereby incorporated by reference into this Item 3.</div>
      <div><br>
      </div>
      <div>Effective September 3, 2024, Donald E. Graham, the Reporting Person&#8217;s father, and Daniel L. Mosley, as trustees, transferred voting power with respect to 212,830 shares held in trusts for Mr. Graham&#8217;s benefit to the Reporting Person by virtue of
        a revocable proxy.</div>
    </div>
    <div><br>
    </div>
    <div style="font-weight: bold;">Item 4.&#160;&#160;Purpose of Transaction</div>
    <div><br>
    </div>
    <div>
      <div>The Reporting Person does not have any current plan or proposal that relates to or would result in any transaction, event or action enumerated in paragraphs (a) through (j) of Item 4 of this Statement.<font style="font-size: 8pt;">&#160;</font>Notwithstanding


        the foregoing, the Reporting Person reserves the right to effect any such actions as any of them may deem necessary or appropriate in the future.</div>
      <br>
    </div>
    <div>
      <div><font style="font-weight: bold;">Item 5.</font>&#160; <font style="font-weight: bold;">Interest in Securities of the Issuer</font></div>
      <div><br>
      </div>
      <div style="text-indent: 36pt;">Interests of the Reporting Person:</div>
      <div><br>
      </div>
      <div style="text-indent: 36pt;">As of September 3, 2024, the Reporting Person was the beneficial owner (as determined in accordance with Rule 13d-3(a), (c) and (d) under the Act) of 416,834<font style="font-weight: bold;">&#160;</font>shares of Class B
        Common Stock of the Company, constituting approximately 10.8% of such shares then outstanding (as determined in accordance with Rule 13d-3(d)(1) under the Act). Such beneficial ownership is as set forth in paragraphs (a) through (e) below.</div>
      <div><br>
      </div>
      <div style="text-indent: 36pt;">(a) 194,505 shares of Class A Common Stock, par value $1.00 per share (&#8220;Class A Common Stock&#8221;), of the Company (Class A Common Stock being convertible share for share into Class B Common Stock), held in trusts for the
        benefit of the Reporting Person and her siblings, respectively, for which the Reporting Person had shared voting power with respect to such shares by virtue of a revocable proxy granted by Mr. Mosley. The Reporting Person has determined in light of
        the relevant facts and circumstances that she had shared voting power with respect to such shares.</div>
      <div style="text-indent: 36pt;"> <br>
      </div>
      <div style="text-indent: 36pt;">(b) 212,830 shares of Class A Common Stock, held in trusts for the benefit of the Reporting Person&#8217;s father, for which the Reporting Person had sole voting power with respect to such shares by virtue of a revocable
        proxy granted by the Reporting Person&#8217;s father and Mr. Mosley, as trustees.<br>
      </div>
    </div>
    <br>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="width: 100%; border-width: 0px; clear: both; margin: 4px 0px; height: 2px; color: #bfbfbf; background-color: #bfbfbf;"></div>
    </div>
    <div style="font-weight: bold;"><br>
    </div>
    <div>
      <div style="text-indent: 36pt;">(c) 2,700 shares of Class A Common Stock, held by the Reporting Person. The Reporting Person has determined in light of the relevant facts and circumstances that she had shared voting and investment power with respect
        to such shares with her spouse.</div>
      <div><br>
      </div>
      <div style="text-indent: 36pt;">(d) 4,099 shares of Class B Common Stock, held by the Reporting Person. The Reporting Person has determined in light of the relevant facts and circumstances that she had shared voting and investment power with respect
        to such shares with her spouse.</div>
      <div><br>
      </div>
      <div style="text-indent: 36pt;">(e) 2,700 shares of Class B Common Stock, held jointly by the Reporting Person and her spouse. The Reporting Person has determined in light of the relevant facts and circumstances that she had shared voting and
        investment power with respect to such shares with her spouse.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div><font style="font-weight: bold;">Item 6.&#160; Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer</font></div>
      <div><br>
      </div>
      <div>To the knowledge of the Reporting Person, except for the matters described in this Statement, there is no contract, arrangement, understanding or relationship (legal or otherwise) among the Reporting Person and any other person with respect to
        any securities of the Company.</div>
      <div> <br>
      </div>
      <div><font style="font-weight: bold;">Item 7.</font>&#160; <font style="font-weight: bold;">Material to Be Filed as Exhibits</font></div>
      <div><br>
      </div>
      <div><a href="ex99-1.htm">Exhibit 1</a> &#160; &#160; &#160; &#160;&#160; <a href="ex99-1.htm">Power of Attorney
          for Laura G. O&#8217;Shaughnessy</a><br>
      </div>
      <div><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #bfbfbf; background-color: #bfbfbf;"></div>
    </div>
    <div style="FONT-WEIGHT: bold; TEXT-ALIGN: center"> <br>
    </div>
    <div style="FONT-WEIGHT: bold; TEXT-ALIGN: center">SIGNATURE</div>
    <div><br>
    </div>
    <div style="text-indent: 54pt;">After reasonable&#160;inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.</div>
  </div>
  <div> <br>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; border-collapse: separate; font-family: 'Times New Roman'; font-size: 10pt;">

        <tr>
          <td valign="top" style="width: 50%;">&#160;</td>
          <td valign="top" style="width: 3%;">&#160;</td>
          <td valign="top" colspan="2">&#160;</td>
          <td valign="top" style="width: 12%;">&#160;</td>
        </tr>
        <tr>
          <td valign="top" align="left" style="width: 50%; padding-bottom: 2px;">
            <div style="text-align: left;">Date: September 5, 2024</div>
          </td>
          <td valign="top" style="width: 3%; padding-bottom: 2px;">
            <div align="left" style="margin-left: 0pt; text-indent: 0pt; margin-right: 0pt">By: </div>
          </td>
          <td valign="top" nowrap="nowrap" align="left" colspan="2" style="border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: left;">/s/ Nicole Maddrey, attorney-in-fact</div>
          </td>
          <td valign="top" style="width: 12%; padding-bottom: 2px;">&#160;</td>
        </tr>
        <tr>
          <td valign="top" style="width: 50%;">&#160;</td>
          <td valign="top" style="width: 3%;">&#160;</td>
          <td valign="bottom" nowrap="nowrap" align="left" style="width: 4%;">Name:</td>
          <td valign="bottom" nowrap="nowrap" align="left" style="width: 31%;">
            <div style="text-align: left;">Laura G. O&#8217;Shaughnessy</div>
          </td>
          <td valign="top" style="width: 12%;">&#160;</td>
        </tr>
        <tr>
          <td valign="top" style="width: 50%;">&#160;</td>
          <td valign="top" style="width: 3%;">&#160;</td>
          <td valign="top" colspan="2">&#160;</td>
          <td valign="top" style="width: 12%;">&#160;</td>
        </tr>

    </table>
    &#160; <br>
    <div>&#160;<br>
    </div>
  </div>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex99-1.htm
<DESCRIPTION>POWER OF ATTORNEY
<TEXT>
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<body bgcolor="#ffffff" style="font-family: 'Times New Roman'; font-size: 10pt; text-align: left; color: rgb(0, 0, 0);">
  <div style="font-weight: bold; text-align: right;">Exhibit 1<br>
  </div>
  <div> <br>
  </div>
  <div>
    <div style="text-align: center; font-weight: bold;">POWER OF ATTORNEY</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">For Executing Section 16 Forms, Form 144 and Schedule 13D or 13G</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">KNOW ALL BY THESE PRESENTS that the undersigned, a director, executive officer or beneficial owner of more than five percent of the equity securities of
      Graham Holdings Company, a Delaware corporation (hereinafter called the &#8220;Company&#8221;), hereby appoints NICOLE MADDREY, WALLACE COONEY, and SANDRA STONESIFER, and each of them, the undersigned&#8217;s true and lawful attorneys-in-fact and agents with full
      power to act without the other and with full power of substitution and re-substitution, to execute, deliver and file, for the undersigned and in the undersigned&#8217;s name, place and stead, any and all statements, reports and forms, and any and all
      amendments and supplements thereto, required to be filed with the Securities and Exchange Commission (a) under Section 16(a) of the Securities Exchange Act of 1934 and the rules and regulations adopted thereunder, (b) Form 144, and (c) Schedule 13D
      or Schedule 13G, in each case as the same may be amended from time to time, with respect to the ownership and changes in ownership of equity securities of the Company and derivatives of such equity securities, hereby granting to said
      attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises as fully and to all intents and purposes as the undersigned might or
      could do in person, hereby ratifying and confirming all that said attorneys-in-fact or agents or any of them, or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor
      is the Company assuming, any of the undersigned&#8217;s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934, as amended.</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 and Schedule 13D or
      Schedule 13G with respect to the undersigned&#8217;s holdings of and transactions in securities issued by the Company, unless (i) earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact, or (ii) with respect to
      each individual attorney-in-fact, upon their retirement or termination of employment with the Company. The undersigned agrees that such attorneys-in-fact may rely entirely on information furnished orally or in writing by the undersigned to the
      attorneys-in-fact.</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of the date written below.</div>
    <div><br>
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          <td style="width: 31%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>/s/ Laura G. O&#8217;Shaughnessy</div>
          </td>
          <td style="width: 69%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 31%; vertical-align: top;">
            <div>Laura G. O&#8217;Shaughnessy</div>
          </td>
          <td style="width: 69%; vertical-align: top;">&#160;</td>
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          <td style="width: 7%; vertical-align: top; padding-bottom: 2px;">
            <div>Date:</div>
          </td>
          <td style="width: 24%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>6/7/2024</div>
          </td>
          <td style="width: 69%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
        </tr>

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