Form 4: Charter Communications Executive Receives Stock Options and Restricted Stock Units

Jamal H. Haughton, an executive at Charter Communications, was granted stock options and restricted stock units on January 15, 2025.

Summary

• Jamal H. Haughton, an EVP/Gen Counsel/Corp Secretary at Charter Communications, received stock options and restricted stock units on January 15, 2025.
• The stock options grant was for 21,264 shares with an exercise price of $349.5875.
• These options will vest on January 15, 2028, three years after the grant date, and expire on January 15, 2035.
• Haughton also received 894 restricted stock units, which will also vest on January 15, 2028.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, which is generally viewed positively as it aligns management interests with shareholders. There are no negative implications.

Positives

• The grant of stock options and restricted stock units aligns the executive's interests with those of the shareholders.
• The vesting schedule encourages long-term performance and retention of the executive.

Industry Context

This type of equity grant is a common practice in the telecommunications industry to incentivize and retain key executives.

Comparison to Industry Standards

• Equity grants are a standard component of executive compensation packages across the telecommunications industry.
• Companies like Comcast and Verizon also use stock options and restricted stock units to align executive interests with shareholder value.
• The vesting period of three years is also typical for these types of grants.

Stakeholder Impact

• Shareholders may view this as a positive sign of aligning executive interests with company performance.
• Employees may see this as a standard practice for executive compensation.

Key Dates

Keywords

Stock Options, Restricted Stock Units, Executive Compensation, Charter Communications, Equity Grant, Vesting