Form 4: Advance/Newhouse Partnership Sells 24,802 Charter Communications Units in Exempt Transaction

Advance/Newhouse Partnership sold 24,802 Class B Common Units of Charter Communications Holdings, LLC to the issuer in an exempt transaction on September 11, 2024.

Summary

• On September 11, 2024, Advance/Newhouse Partnership sold 24,802 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 $318.58.
• 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.
• Newhouse Broadcasting Corporation, Advance Publications, Inc., Newhouse Family Holdings, L.P., and Advance Long-Term Management Trust may be deemed to beneficially own the units due to their control of Advance/Newhouse Partnership.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a transaction between major shareholders and the company. It doesn't inherently convey positive or negative sentiment.

Industry Context

This transaction reflects ongoing ownership adjustments within Charter Communications' major stakeholders. Such transactions are common and can be related to various factors, including portfolio management and strategic realignment.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership structure, but it's unlikely to be significant.

Key Dates