Form 4: Cable One CEO Julia Laulis Reports Stock Transactions
SEC Form 4
Julia Laulis, CEO of Cable One, reports acquisition and disposal of company stock related to vesting of restricted stock and tax liabilities.
Summary
- Julia Laulis, the CEO of Cable One, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
- On January 3, 2025, she disposed of 1,153 shares of common stock at $373.32 per share to cover tax liabilities related to vesting restricted stock awards.
- On the same day, she acquired 8,571 shares of restricted stock units at $373.32 per share.
- The report also includes an upward adjustment of 30 shares to correct a previous overreporting of shares withheld for taxes in a Form 4 filed on January 5, 2023.
- Additionally, there was an upward adjustment of 1 share to reflect the underreporting of 1 share transferred to her Trust as reported in a Form 4 filed 9/17/19 for transactions occurring 9/13/19.
- As of January 3, 2025, Laulis directly owns 15,435 shares and indirectly owns 10,186 shares through a living trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.
Comparison to Industry Standards
- Tracking insider transactions is a common practice in financial analysis.
- Comparing the CEO's stock ownership to peers like Charter Communications (CHTR) or Comcast (CMCSA) can provide context.
- However, without additional context on vesting schedules and compensation packages, it's difficult to draw definitive conclusions.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the CEO's stock ownership.
- The transactions themselves are unlikely to have a significant impact on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| August 29, 2000 | Date of the John D. Laulis & Julia M. Laulis living trust |
| September 13, 2019 | Date of transaction for underreporting of 1 share transferred to her Trust as reported in a Form 4 filed 9/17/19 |
| January 3, 2021 | Date of previously reported grants of restricted stock awards which generally vest in four equal installments on each of the first four anniversaries of the respective date of grant |
| January 3, 2022 | Date of previously reported grants of restricted stock awards which generally vest in four equal installments on each of the first four anniversaries of the respective date of grant and performance-based restricted stock awards which vested on January 3, 2025 |
| January 3, 2023 | Date of previously reported grants of restricted stock units which generally vest in three equal installments on each of the first three anniversaries of the date of grant |
| January 3, 2023 | Date of transaction for overreporting of 30 shares withheld to pay taxes as reported in a Form 4 filed 1/5/23 |
| January 3, 2024 | Date of previously reported grants of restricted stock units which generally vest in three equal installments on each of the first three anniversaries of the date of grant |
| January 3, 2025 | Date of stock disposal for tax liabilities and acquisition of restricted stock units. |
| January 3, 2025 | Date of vesting of performance-based restricted stock awards from a previously reported grant, which were granted on January 3, 2022 |
| January 7, 2025 | Date of signature on the Form 4 filing. |
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