Form 4: Charter Communications Executive DiGeronimo Reports Stock Transactions
SEC Form 4 Filing
Richard J. DiGeronimo, President-Product & Technology at Charter Communications, reports the vesting and subsequent tax withholding of Class A Common Stock.
Summary
- Richard J. DiGeronimo, an officer at Charter Communications, Inc., filed a Form 4 detailing changes in his beneficial ownership of company stock.
- On January 17, 2025, 1,359 Restricted Stock Units (RSUs) vested, converting into 1,359 shares of Class A Common Stock.
- Also on January 17, 2025, 437 shares were withheld to cover tax obligations at a price of $350.64 per share.
- Following these transactions, DiGeronimo directly owns 6,804 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices, and does not indicate any particular positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates standard compensation practices involving stock-based awards.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects standard executive compensation and does not significantly alter the ownership structure.
Key Dates
| Date | Description |
|---|---|
| 01/18/2022 | Date of grant for Restricted Stock Units under the Charter Communications, Inc. 2019 Stock Incentive Plan. |
| 01/17/2025 | Date of RSU vesting and tax withholding. |
| 01/22/2025 | Date of Form 4 filing. |
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