Cable One (NYSE: CABO) awards cash‑settled phantom RSUs and PSUs
Rhea-AI Filing Summary
Cable One, Inc. reported compensation-related transactions for Chief Legal Officer and Secretary Christopher J. Arntzen. On August 1, 2026 he received grants of 10,002 Phantom RSUs and 15,003 Phantom PSUs, each representing a cash-settled right to the value of one share of Common Stock, subject to multi‑year service- and performance-based vesting conditions. On the same date, 40 shares of Common Stock at $39.9900 per share were withheld to satisfy tax obligations from an August 1, 2024 RSU award vesting, leaving him with 1,843 directly held shares. After these grants he held 14,994 Phantom RSUs and 22,491 Phantom PSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 40 shares
Net Sell
3 txns
Insider
Arntzen Christopher J
Role
Chief Legal Officer, Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom RSUs F2, F3 | 10,002 | $0.00 | $0.00 |
| Grant/Award | Phantom PSUs F2, F4 | 15,003 | $0.00 | $0.00 |
| Tax Withholding | Common Stock, par value $0.01 F1 | 40 | $39.99 | $2K |
Holdings After Transaction:
Phantom RSUs — 14,994 shares (Direct);
Phantom PSUs — 22,491 shares (Direct);
Common Stock, par value $0.01 — 1,843 shares (Direct)
Footnotes (4)
- F1. Represents the withholding of shares of Common Stock to satisfy the tax withholding liability associated with the vesting of an award of restricted stock units, which was granted on August 1, 2024 and that generally vests in two equal installments on each of the first two anniversaries of the grant date, subject to the Reporting Person's continued employment through each such date.
- F2. 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.
- F3. Represents a grant of 10,002 Phantom RSUs on August 1, 2026, which generally vest in substantially equal installments on (i) January 3, 2027; (ii) January 3, 2028; and (iii) January 3, 2029, subject to the Reporting Person's continued employment through the applicable vesting date.
- F4. Represents a grant of 15,003 Phantom PSUs on August 1, 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.
Key Figures
Phantom RSUs granted: 10,002 units
Phantom PSUs granted: 15,003 units
Common shares withheld for taxes: 40 shares
+3 more
6 metrics
Phantom RSUs granted
10,002 units
Grant to Christopher J. Arntzen on August 1, 2026
Phantom PSUs granted
15,003 units
Grant to Christopher J. Arntzen on August 1, 2026
Common shares withheld for taxes
40 shares
Withheld at $39.9900 per share to satisfy tax liability on RSU vesting
Common shares held after transaction
1,843 shares
Direct Common Stock holdings after August 1, 2026 withholding
Phantom RSUs outstanding after grant
14,994 units
Total Phantom RSUs held after August 1, 2026 grant
Phantom PSUs outstanding after grant
22,491 units
Total Phantom PSUs held after August 1, 2026 grant
Key Terms
Phantom RSUs, Phantom PSUs, restricted stock units, performance goals, +1 more
5 terms
Phantom RSUs financial
"Each phantom service-based restricted stock unit (a Phantom RSU) represents a contingent right"
Phantom PSUs financial
"each phantom performance-based restricted stock unit (a Phantom PSU) represents a contingent right"
restricted stock units financial
"vesting of an award of restricted stock units, which was granted on August 1, 2024"
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.
performance goals financial
"vest based on target achievement of applicable performance goals over the three-year performance period"
Performance goals are specific, measurable targets a company sets for financial results, operational milestones, or individual roles—examples include revenue, profit, production levels, or completion of a project. They matter to investors because meeting or missing these targets influences management pay, future forecasts, deal-related payments and market confidence; think of them as a scoreboard that helps outsiders judge whether the business is performing as promised.
Compensation and Talent Management Committee financial
"subject to certification of performance achievement by the Compensation and Talent Management Committee of Cable One, Inc."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Cable One (CABO) grant to Christopher J. Arntzen in this Form 4?
Christopher J. Arntzen received 10,002 Phantom RSUs and 15,003 Phantom PSUs on August 1, 2026. Each unit is cash-settled and represents the economic value of one share of Common Stock, subject to specific vesting and performance conditions.
How do the Phantom RSUs granted by CABO to Christopher J. Arntzen vest?
The 10,002 Phantom RSUs generally vest in substantially equal installments on January 3, 2027, January 3, 2028, and January 3, 2029. Vesting is conditioned on Mr. Arntzen’s continued employment through each applicable vesting date.
What are the vesting conditions for CABO’s Phantom PSUs granted to Christopher J. Arntzen?
The 15,003 Phantom PSUs vest based on target achievement of performance goals over a three-year period from January 1, 2026 to December 31, 2028. Vesting requires Compensation and Talent Management Committee certification and continued employment through the certification date.
What are Christopher J. Arntzen’s holdings in CABO after these transactions?
After the reported transactions, Christopher J. Arntzen directly holds 1,843 shares of Common Stock, 14,994 Phantom RSUs, and 22,491 Phantom PSUs. The phantom units are cash-settled rights tied to the economic value of Cable One’s Common Stock.