McGraw Hill CEO and President Philip D. Moyer purchased 22,421 shares of the company in an open-market transaction on June 15, 2026, according to an SEC filing. The purchase, valued at $249,322 based on a weighted average price of $11.12 per share, increased his direct holdings by 4.5% to 516,768 shares, representing approximately 0.3% of the company. The buy comes after McGraw Hill shares fell 43% over the past year and follows a fiscal fourth-quarter earnings report that saw net income of $35.32 million miss Wall Street's consensus estimate of about $57 million, despite revenue of $2.10 billion topping expectations. Moyer, who became CEO six months ago, had not previously made any open-market purchases, and the transaction involved only direct ownership with no indirect holdings or derivative exercises.
McGraw Hill, Inc.CEO's first open-market purchase signals insider confidence after 43% stock decline.