CHTR.NASDAQCharter Communications, INC /MO/

Form 4: Charter Communications Executive Adam Ray Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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EVP and Chief Commercial Officer of Charter Communications, Adam Ray, reports the vesting and subsequent withholding of shares for tax purposes related to restricted stock units.

Summary

  • On June 21, 2024, Adam Ray, EVP and Chief Commercial Officer of Charter Communications, reported transactions involving Class A Common Stock.
  • These transactions included the vesting of 80 Restricted Stock Units (RSUs) granted on June 23, 2021, under the company's 2019 Stock Incentive Plan.
  • Simultaneously, 26 shares were withheld to cover tax obligations at a price of $289.24 per share.
  • Following these transactions, Ray directly owns 814 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, and does not inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company executive, which is standard practice in publicly traded companies. It provides transparency to investors regarding insider activity.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates

DateDescription
06/23/2021Restricted Stock Units granted under the Charter Communications, Inc. 2019 Stock Incentive Plan.
06/21/2024Date of vesting of Restricted Stock Units and withholding of shares for tax purposes.
06/25/2024Date of signature on the Form 4 filing.

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