Form 4: Advance/Newhouse Partnership Sells 5,663 Charter Communications Units in Exempt Transaction

Advance/Newhouse Partnership sold 5,663 Class B Common Units of Charter Communications Holdings, LLC to the Issuer in an exempt transaction on October 7, 2024.

Summary

• On October 7, 2024, Advance/Newhouse Partnership sold 5,663 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 Class B Common Units are exchangeable for Class A Common Stock of Charter Communications on a one-for-one basis or an equivalent cash amount.
• The average public per share repurchase price was $356.64.
• 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 regulatory filing detailing a transaction. It doesn't convey strong positive or negative sentiment.

Industry Context

This Form 4 filing indicates a transaction involving a significant shareholder of Charter Communications. Such transactions are common and are part of the regular course of business for large shareholders.

Stakeholder Impact

• The sale of shares by a major shareholder could have a minor impact on the stock price, but the transaction appears to be part of normal investment activity.

Key Dates