Cable One (CABO) interim CEO/CFO reports phantom RSU and PSU awards
Rhea-AI Filing Summary
Cable One, Inc. insider Todd M. Koetje, Interim Chief Executive Officer and Chief Financial Officer, reported equity-related transactions dated January 3, 2026. The filing shows 420 shares of common stock were withheld at a price of $104.16 per share to cover tax obligations tied to vesting of previously granted restricted stock and restricted stock units. After this withholding, Koetje beneficially owned 4,656 shares of Cable One common stock directly.
The report also discloses new compensation awards in the form of 7,680 Phantom RSUs and 11,520 Phantom PSUs. Each phantom unit represents the economic value of one share of common stock and is settled solely in cash. The Phantom RSUs generally vest in substantially equal installments on each of the first three anniversaries of the January 3, 2026 grant date, assuming continued employment. The Phantom PSUs vest based on achieving performance goals over a three-year period from January 1, 2026 through December 31, 2028, subject to certification by the Compensation and Talent Management Committee and continued employment through that certification date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom RSUs | 7,680 | $0.00 | -- |
| Grant/Award | Phantom PSUs | 11,520 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 | 420 | $104.16 | $44K |
Footnotes (1)
- Represents the withholding of shares of Common Stock to satisfy tax withholding liability associated with the vesting of (i) restricted stock awards from previously reported grants, which were granted on January 3, 2022 which generally vest in four equal installments on each of the first four anniversaries of the respective date of grant, subject to the Reporting Person's continued employment with Cable One, Inc. through each such date, and (ii) restricted stock units from previously reported grants, which were granted on January 3, 2023, 2024 and 2025, which generally vest in three equal installments on each of the first three anniversaries of the date of grant, subject to the Reporting Person's continued employment with Cable One, Inc. through each such date. Each phantom service-based restricted stock unit (a Phantom RSU) and each phantom performance-based restricted stock unit (a Phantom PSU) represents a contingent right to receive the economic value of one share of Common Stock, with each solely settled in cash. Represents a grant of 7,680 Phantom RSUs on January 3, 2026, which generally vest in substantially equal installments on each of the first three anniversaries of the grant date, subject to the Reporting Persons continued employment through the applicable vesting date. Represents a grant of 11,520 Phantom PSUs on January 3, 2026, that vest based on target achievement of applicable performance goals over the three-year performance period commencing January 1, 2026 and ending December 31, 2028, subject to certification of performance achievement by the Compensation and Talent Management Committee of Cable One, Inc. and the Reporting Persons continued employment through the date of such certification.