Form 4: Cable One Director Brian D. Brian Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Brian D. Brian reports acquiring deferred stock units in Cable One, Inc.
Summary
- On June 14, 2024, Brian D. Brian, a director of Cable One, Inc., acquired 2,790 deferred stock units at a price of $359.77.
- These deferred stock units convert into common stock on a one-for-one basis.
- The director also indirectly owns 50 shares of common stock through a living trust.
- Following the transaction, Brian D. Brian directly owns 2,793 deferred stock units and indirectly owns 50 shares of common stock.
- The acquisition includes additional deferred stock units acquired pursuant to the dividend equivalent provision of the underlying restricted stock unit award.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard regulatory filing reporting a transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Positives
- The acquisition of deferred stock units by a director may signal confidence in the company's future performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction provides shareholders with insight into the director's investment activity, potentially influencing investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date of transaction: Acquisition of deferred stock units. |
| 06/17/2024 | Date of signature for the Form 4 filing. |
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