Form 4: Charter Communications Director Receives Stock Grants
Statement of Changes in Beneficial Ownership
Charter Communications Director Kim C. Goodman received grants of restricted stock valued at $345,000 in total, with vesting scheduled for the 2027 annual meeting.
Summary
- Kim C. Goodman, a Director at Charter Communications, Inc., was granted restricted stock on April 21, 2026.
- The grants include restricted stock valued at $225,000, which will fully vest on the date of the Company's annual meeting of stockholders in 2027.
- Additionally, Goodman received restricted stock valued at $120,000 as part of an election for non-employee directors to receive board retainer in stock instead of cash, also vesting on the date of the Company's annual meeting of stockholders in 2027.
- Following these transactions, Goodman beneficially owns 8,545 shares of Class A Common Stock directly and 9,034 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine compensation adjustments for a director rather than significant financial performance news.
Positives
- Director compensation aligns with long-term company performance through stock grants vesting in 2027.
- Director Goodman's participation in the stock retainer program indicates confidence in the company's future value.
- The company is utilizing equity to compensate directors, potentially conserving cash.
Future Outlook
The vesting of restricted stock in 2027 suggests management's and the board's long-term commitment and expectation of continued company performance.
Industry Context
StockSavvy.ai notes that the use of restricted stock grants for director compensation is a common practice in the telecommunications and media industry, aligning board interests with shareholder value over the long term.
Stakeholder Impact
- Shareholders: The alignment of director compensation with stock performance can be viewed positively, as it incentivizes long-term value creation.
- Employees: This filing does not directly impact employees but reflects the company's compensation philosophy for its board.
- Creditors: No direct impact on creditors is indicated by this filing.
Next Steps
- Vesting of restricted stock on the date of the Company's annual meeting of stockholders in 2027.
Key Dates
| Date | Description |
|---|---|
| 04/21/2026 | Date of earliest transaction and grant of restricted stock. |
| 04/22/2026 | Date of signature for the filing. |
| 2027 | Vesting date for the granted restricted stock. |
Keywords
Charter Communications, Kim C. Goodman, Director, Restricted Stock, Stock Grant, Form 4, SEC Filing, Equity Compensation
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