Form 4: Cable One Director Sherrese M. Smith Acquires 1,487 Shares of Common Stock

Director Sherrese M. Smith acquired 1,487 shares of Cable One, Inc. common stock at $164.70 per share on May 15, 2025, through an award of restricted stock units.

Summary

• On May 15, 2025, Sherrese M. Smith, a director of Cable One, Inc., acquired 1,487 shares of common stock.
• The acquisition was through an award of restricted stock units, with each unit converting into one share of common stock.
• The price per share was $164.70.
• Following the transaction, Smith directly owns 2,874 shares of Cable One, Inc. common stock.
• The restricted stock units generally vest on the one-year anniversary of the grant date or the date of the 2026 annual shareholders' meeting, contingent upon continued service on the Board of Directors.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a standard transaction (stock award) that aligns director interests with shareholders. There are no explicit negative implications.

Positives

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

Future Outlook

The vesting of the restricted stock units is contingent upon the Reporting Person's continued service on the Board of Directors of Cable One, Inc. through the vesting date.

Industry Context

This filing reflects standard executive compensation practices within publicly traded companies, where stock and restricted stock units are used to align the interests of directors and shareholders.

Comparison to Industry Standards

• Stock awards are a common component of director compensation packages in the cable and telecommunications industry.
• Companies like Comcast and Charter Communications also utilize stock-based compensation to incentivize their directors and executives.
• The vesting schedules and terms of these awards are generally comparable across the industry, often tied to continued service and company performance.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder confidence.

Key Dates

Keywords

Cable One, CABO, Sherrese M. Smith, Director, Stock Acquisition, Restricted Stock Units, Beneficial Ownership, Form 4