Charter (NASDAQ: CHTR) CEO Winfrey exercises options, new grant
Rhea-AI Filing Summary
Charter Communications President and CEO Christopher L. Winfrey reported several equity transactions in Charter Communications, Inc. Class A common stock. On January 15, 2026, he exercised 24,064 stock options at an exercise price of $183.87, converting them into Class A shares before their near-term expiration under the 2009 Stock Incentive Plan. To cover the exercise price and related taxes, 23,366 shares were withheld at a price of $194.61, leaving him with 70,941 shares of Class A common stock held directly.
On the same date, Winfrey received a new grant of 80,047 stock options with an exercise price of $198.03 under the 2019 Stock Incentive Plan. These options will vest in full on January 15, 2029 and are scheduled to expire on January 15, 2036 if not exercised earlier. In addition to his direct holdings, he reports indirect ownership of Charter Class A shares held through Atalaya Management, LLC and several family trusts.
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FAQ
What insider transactions did CHTR CEO Christopher L. Winfrey report on January 15, 2026?
Christopher L. Winfrey, President and CEO of Charter Communications, Inc. (CHTR), reported exercising 24,064 stock options for Class A common stock and a withholding of 23,366 shares to pay the exercise price and taxes. He also reported receiving a new grant of 80,047 stock options on that date.
How many CHTR shares does Christopher L. Winfrey hold directly after these transactions?
Following the reported transactions, Christopher L. Winfrey directly beneficially owns 70,941 shares of Charter Communications, Inc. Class A common stock.
What are the key terms of the new stock option grant to the CHTR CEO?
The new grant to Christopher L. Winfrey consists of 80,047 stock options for Charter Class A common stock with an exercise price of $198.03. The options were granted on January 15, 2026, will vest 100% on January 15, 2029, and will terminate on January 15, 2036 unless they end sooner under the plan or grant agreement.
Why were 23,366 CHTR shares withheld in Christopher L. Winfrey’s Form 4 filing?
The filing explains that 23,366 shares of Charter Class A common stock were withheld "for the purpose of paying the exercise price and taxes" related to the option exercise, rather than being sold on the open market.
What indirect holdings of CHTR stock are reported for Christopher L. Winfrey?
In addition to direct holdings, the Form 4 reports indirect ownership of Charter Class A common stock through entities including Atalaya Management, LLC with 20,674 shares, the Yeniley L. Winfrey Irrevocable Trust with 38,454 shares, the GST Non-Exempt Winfrey Dynasty Trust with 50,046 shares, and the Winfrey Dynasty Trust with 38,385 shares.
What was the purpose of the CHTR stock option exercise reported by Christopher L. Winfrey?
The explanation states that the option exercise was undertaken "to address the near-term expiration of stock options granted on January 15, 2016" under the Charter Communications, Inc. 2009 Stock Incentive Plan.