Form 4: Charter Communications Executive Kevin Howard Reports Stock Transactions

Charter Communications EVP/CAO/Controller, Kevin Howard, reports the vesting of restricted stock units and associated tax withholding.

Summary

• Kevin Howard, an executive at Charter Communications, reported transactions involving the company's Class A Common Stock.
• On January 17, 2025, 170 restricted stock units vested, converting into 170 shares of Class A Common Stock.
• Also on January 17, 2025, 72 shares of Class A Common Stock were withheld to cover tax obligations at a price of $350.64 per share.
• Following these transactions, Mr. Howard directly owns 202 shares and indirectly owns 4,745 shares through the Kevin D. Howard Irrevocable Trust.

Sentiment

Score: 7

Explanation: The document reflects routine executive compensation activity, which is neither positive nor negative for the company's overall performance. It is a neutral event.

Industry Context

This is a routine filing related to executive compensation and is typical for publicly traded companies.

Comparison to Industry Standards

• Stock-based compensation is a common practice among publicly traded companies, particularly for executives.
• The vesting schedule of three years is a standard vesting period for restricted stock units.
• Tax withholding on vesting is a standard procedure to cover income tax obligations.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they are related to executive compensation.
• The transactions do not have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Charter Communications, CHTR, stock transaction, restricted stock units, insider trading, Form 4, executive compensation, vesting