Director at Cable One (NYSE: CABO) granted 3,911 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cable One, Inc. director Brian Brad D. reported an equity compensation grant rather than an open-market trade. He received an award of 3,911 restricted stock units, valued at $51.13 per share on the grant date. These units generally vest in full on the one-year anniversary of the grant date, or earlier upon the 2027 annual shareholders' meeting, subject to his continued board service. Each restricted stock unit converts into one share of common stock at vesting, when shares will be delivered or deferred according to his election. Following this grant, he directly holds 8,201 shares of common stock, with an additional 50 shares held indirectly through a living trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Brian Brad D.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 3,911 | $51.13 | $200K |
| holding | Common Stock, par value $0.01 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 8,201 shares (Direct, null);
Common Stock, par value $0.01 — 50 shares (Indirect, By Living Trust)
Footnotes (1)
- This award of restricted stock units generally vests in full on the one-year anniversary of the grant date, or if earlier, the date of the 2027 annual shareholders' meeting of Cable One, Inc., subject to the Reporting Person's continued service on the Board of Directors of Cable One, Inc. through such date. Shares of Common Stock will be delivered to the Reporting Person upon vesting of the restricted stock units or, if applicable, as per the terms of the Reporting Person's deferral election. Restricted stock units convert into Common Stock on a one-for-one basis.
Key Figures
Restricted stock units granted: 3,911 units
Grant date value per share: $51.13 per share
Direct shares after grant: 8,201 shares
+1 more
4 metrics
Restricted stock units granted
3,911 units
Equity award to director Brian Brad D.
Grant date value per share
$51.13 per share
Reference price for the 3,911-unit award
Direct shares after grant
8,201 shares
Common stock directly held post-transaction
Indirect shares via trust
50 shares
Common stock held by living trust
Key Terms
restricted stock units, vests in full, deferral election, one-for-one basis
4 terms
restricted stock units financial
"This award of restricted stock units generally vests in full on the one-year anniversary"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vests in full financial
"generally vests in full on the one-year anniversary of the grant date"
deferral election financial
"Shares of Common Stock will be delivered ... as per the terms of the Reporting Person's deferral election"
one-for-one basis financial
"Restricted stock units convert into Common Stock on a one-for-one basis"
FAQ
What insider transaction did Cable One (CABO) report for Brian Brad D.?
Cable One reported that director Brian Brad D. received a grant of 3,911 restricted stock units as equity compensation, not an open-market purchase or sale. The units are tied to his continued service on the company’s Board of Directors.
How do the new restricted stock units for Cable One (CABO) vest?
The 3,911 restricted stock units generally vest in full on the one-year anniversary of the grant date, or earlier on the date of Cable One’s 2027 annual shareholders’ meeting, provided the director continues serving on the Board through the applicable date.
What do the Cable One (CABO) restricted stock units convert into at vesting?
Each restricted stock unit converts into one share of Cable One common stock on a one-for-one basis. Shares are delivered upon vesting, or according to the director’s deferral election terms if he has chosen to defer receipt of the stock.
Was the Cable One (CABO) insider grant an open-market purchase?
No. The Form 4 identifies the transaction with code A as a grant or award acquisition, meaning it is part of equity compensation. The 3,911 units were awarded to the director rather than bought on the open market at his discretion.