Form 4: Cable One SVP, GC & Secretary Christopher J. Arntzen Reports Changes in Beneficial Ownership
SEC Form 4
Christopher J. Arntzen, SVP, GC & Secretary of Cable One, Inc., reports changes in beneficial ownership of common stock due to tax withholding and restricted stock unit grants.
Summary
- On January 3, 2025, Christopher J. Arntzen, SVP, GC & Secretary of Cable One, Inc., had changes in his beneficial ownership of Cable One's common stock.
- 90 shares were withheld to cover tax liabilities related to the vesting of restricted stock awards and restricted stock units.
- 857 shares of restricted stock units were granted to Mr. Arntzen.
- Following these transactions, Mr. Arntzen directly owns 2,156 shares of Cable One common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the transactions described are typical for executive compensation. Therefore, the sentiment is neutral.
Positives
- The grant of 857 restricted stock units to Mr. Arntzen could be seen as a positive sign, aligning his interests with the company's long-term performance.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation adjustments for a company executive.
Key Dates
| Date | Description |
|---|---|
| 01/03/2022 | Date of previously reported restricted stock awards, which generally vest in four equal installments on each of the first four anniversaries of the respective date of grant. |
| 01/03/2023 | Date of previously reported restricted stock units, which generally vest in three equal installments on each of the first three anniversaries of the date of grant. |
| 01/03/2024 | Date of previously reported restricted stock units, which generally vest in three equal installments on each of the first three anniversaries of the date of grant. |
| 01/03/2025 | Date of transaction: withholding of shares for tax liability and grant of restricted stock units. |
| 01/07/2025 | Date of signature on the Form 4 filing. |
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