Form 4: Cable One CFO Todd M. Koetje Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Todd M. Koetje, CFO of Cable One, Inc., disposed of 85 shares of common stock to cover tax liabilities associated with the vesting of a restricted stock award.
Summary
- On October 1, 2024, Todd M. Koetje, the Chief Financial Officer of Cable One, Inc., disposed of 85 shares of common stock.
- The transaction was executed to cover tax withholding liabilities related to the vesting of a restricted stock award.
- The shares were sold at a price of $348.46 per share.
- Following the transaction, Koetje directly owns 3,256 shares of Cable One, Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to tax obligations, which is neutral in sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock vests.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/01/2021 | Date of original restricted stock award grant. |
| 10/01/2024 | Date of transaction (stock disposal) and vesting of restricted stock award. |
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