Form 4: Advance/Newhouse Partnership Sells 215,605 Charter Communications Units in Exempt Transaction

Advance/Newhouse Partnership sold 215,605 Class B Common Units of Charter Communications Holdings, LLC to the Issuer in an exempt transaction.

Summary

• Advance/Newhouse Partnership sold 215,605 Class B Common Units of Charter Communications Holdings, LLC on May 6, 2025.
• The transaction was an exempt transaction pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.
• The units were sold to the Issuer, Charter Communications, Inc.
• The average public per share repurchase price was $350.44.
• Each Class B Common Unit is exchangeable for either one share of Class A Common Stock or an equivalent amount of cash.
• Newhouse Broadcasting Corporation, Advance Publications, Inc., Newhouse Family Holdings, L.P. and Advance Long-Term Management Trust may be deemed to beneficially own the Class B Common Units held by A/N due to their control of A/N.

Sentiment

Score: 5

Explanation: The document reports a standard transaction. There is no information to suggest a positive or negative outlook.

Industry Context

This transaction reflects ongoing ownership adjustments by major shareholders in Charter Communications. Such transactions are common among large shareholders and can be part of broader investment strategies or portfolio rebalancing.

Stakeholder Impact

• The sale of shares could have a minor impact on shareholders due to the change in ownership structure, but the impact is likely minimal given the size of the transaction relative to the overall market capitalization of Charter Communications.

Key Dates

Keywords

Charter Communications, Advance/Newhouse Partnership, Class B Common Units, Exempt Transaction, Sale of Securities, Beneficial Ownership, CHTR