Form 4: Cable One Director Deborah J. Kissire Acquires 392 Shares of Common Stock
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
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction: Deborah J. Kissire acquired 392 shares of Cable One common stock. |
| 05/17/2024 | Date of signature for the Form 4 filing. |
| 2025 | Restricted 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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