Form 4: Advance/Newhouse Partnership Sells 237,171 Charter Communications Units in Exempt Transaction

Advance/Newhouse Partnership sold 237,171 Class B Common Units of Charter Communications Holdings, LLC to the Issuer in an exempt transaction on April 3, 2025.

Summary

• On April 3, 2025, Advance/Newhouse Partnership sold 237,171 Class B Common Units of Charter Communications Holdings, LLC to Charter Communications, Inc.
• The transaction was exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
• The average public per share repurchase price was $363.48.
• The Class B Common Units are exchangeable for Class A Common Stock on a one-for-one basis or cash at the Issuer's option.
• The exchange agreement is dated May 18, 2016.
• 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 is a standard SEC filing related to a transaction. It doesn't convey any particularly positive or negative sentiment.

Industry Context

This transaction reflects ongoing trading activity by major shareholders in Charter Communications. Such transactions are common and can be driven by various factors, including portfolio rebalancing or strategic considerations.

Stakeholder Impact

• The sale of shares by a major shareholder could have a minor impact on shareholder sentiment, but the exempt nature of the transaction suggests it's part of a pre-existing agreement.

Key Dates

Keywords

Charter Communications, Advance/Newhouse Partnership, Class B Common Units, Exempt Transaction, Sale, CHTR, Securities Exchange Act, Rule 16b-3