Form 4: Charter Communications Director Newhouse Sells Class B Common Units in Exempt Transaction

Sentiment:

SEC Form 4 Filing


Director Michael A. Newhouse reports the sale of Class B Common Units of Charter Communications Holdings, LLC to the issuer in an exempt transaction.

Summary

  • Michael A. Newhouse, a director of Charter Communications, Inc., reported a transaction involving Class B Common Units of Charter Communications Holdings, LLC.
  • On May 6, 2025, Newhouse sold 215,605 Class B Common Units to the issuer in an exempt transaction under Rule 16b-3 of the Securities Exchange Act of 1934.
  • The sale price was $350.44 per unit, representing the Average Public Per Share Repurchase Price.
  • Following the transaction, Newhouse indirectly owns 16,003,130 Class B Common Units through his affiliations with Advance Long-Term Management Trust, Advance Publications, Inc., and Newhouse Broadcasting Corporation.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.

Industry Context

This transaction reflects insider activity related to Charter Communications. Monitoring such transactions can provide insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

  • The sale of Class B Common Units to the issuer may have a minor impact on shareholders, potentially affecting the company's share repurchase program.

Key Dates

DateDescription
05/18/2016Date of exchange agreement between the Issuer, Charter Holdings and A/N
12/23/2016Date of letter agreement between the Issuer, Charter Holdings and A/N
05/06/2025Date of transaction: Sale of Class B Common Units
05/07/2025Date of signature

Keywords

Charter Communications, Newhouse, Class B Common Units, Director, Form 4, Exempt Transaction, CHTR, Sale

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