Form 4: Cable One Director Deborah J. Kissire Acquires 392 Shares of Common Stock

Sentiment:

SEC Form 4 Filing


Director Deborah J. Kissire acquired 392 shares of Cable One, Inc. common stock at a price of $395.36 per share on May 16, 2024.

Summary

  • On May 16, 2024, Deborah J. Kissire, a director of Cable One, Inc., acquired 392 shares of common stock.
  • The acquisition was made at a price of $395.36 per share.
  • These shares were acquired as restricted stock units that vest on the one-year anniversary of the grant date or the date of the 2025 annual shareholders' meeting, contingent upon continued service on the Board of Directors.
  • Following the transaction, Kissire directly owns 2,350 shares of Cable One, Inc. common stock.
  • The restricted stock units convert into common stock on a one-for-one basis.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of a director's stock acquisition. The acquisition itself can be seen as a slightly positive signal, but it's not a major event.

Positives

  • The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The restricted stock units will vest on the one-year anniversary of the grant date or the date of the 2025 annual shareholders' meeting, contingent upon continued service on the Board of Directors.

Industry Context

This transaction is a routine disclosure of insider trading activity, which is common in publicly traded companies. It provides transparency into the actions of company insiders and their investment decisions.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment, as it indicates a director's investment in the company.

Key Dates

DateDescription
05/16/2024Date of transaction: Deborah J. Kissire acquired 392 shares of Cable One common stock.
05/17/2024Date of signature for the Form 4 filing.
2025Restricted stock units generally vest in full on the one-year anniversary of the grant date, or if earlier, the date of the 2025 annual shareholders' meeting of Cable One, Inc.

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