Form 4: Cable One Executive Margaret Masoner Detz Reports Stock Transaction
SEC Form 4 Filing
Margaret Masoner Detz, Chief People Officer at Cable One, reports a transaction involving the withholding of common stock to cover tax liabilities related to a vested restricted stock award.
Summary
- On July 1, 2024, Margaret Masoner Detz, Chief People Officer of Cable One, engaged in a transaction involving Cable One's common stock.
- The transaction involved the withholding of 83 shares of common stock at a price of $347.62 per share.
- This withholding was to cover the tax liabilities associated with the vesting of a restricted stock award previously granted on July 1, 2021.
- The restricted stock award cliff vested in full on July 1, 2024, subject to continued employment.
- Following the reported transaction, Detz directly owns 2,634 shares of Cable One common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 07/01/2021 | Date of original restricted stock award grant. |
| 07/01/2024 | Date of transaction and vesting of restricted stock award. |
| 07/02/2024 | Date of signature on the Form 4 filing. |
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