Charter director granted 918 restricted shares
Newhouse Michael A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Newhouse Michael A reported acquisition or exercise transactions in this Form 4 filing.
Charter Communications director Michael A. Newhouse received a grant of restricted Class A common stock as equity compensation. He was awarded 918 shares at no cash cost, valued at $225,000 on the grant date, which will fully vest on the date of Charter’s annual stockholder meeting in 2027.
After this award, Newhouse directly holds 6,181 Class A shares. Separately, partnerships and affiliated entities related to Advance/Newhouse hold 3,136,511 Class A shares indirectly; Newhouse disclaims beneficial ownership of those interests for Section 16 and other purposes.
Insider Trade Summary
Grant/Award: 918 shares
Grant/Award
2 txns
Insider
Newhouse Michael A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 918 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 6,181 shares (Direct);
Class A Common Stock — 3,136,511 shares (Indirect, Indirect Interest in a Partnership)
Footnotes (3)
- F1. Grant of Restricted Stock (price not applicable) valued at $225,000 on date of grant, to fully vest on the date of the Company's annual meeting of stockholders in 2027.
- F2. The Reporting Person, by virtue of his affiliations with Advance Long-Term Management Trust, a New Jersey trust ("ALTMT"), Advance Publications, Inc., a New York corporation ("API") and Newhouse Broadcasting Corporation ("NBCo"), and affiliation with and interest in other non-controlling holders of equity of API and NBCo, may be deemed to beneficially own the shares of Class A Common Stock of the Company and Class B Common Units of Charter Communications Holdings, LLC ("Charter Holdings") owned directly by Advance/Newhouse Partnership ("A/N"). ALTMT is the general partner of Newhouse Family Holdings, L.P., a Delaware limited partnership, which owns all of the voting shares of API. API and NBCo indirectly own all of the partnership interests of A/N.
- F3. The Reporting Person disclaims beneficial ownership of the shares of Class A Common Stock of the Company and Class B Common Units of Charter Holdings owned by A/N and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
Key Figures
Restricted shares granted: 918 shares
Grant value: $225,000
Vesting date: 2027 annual meeting
+2 more
5 metrics
Restricted shares granted
918 shares
Grant of Class A Common Stock to director
Grant value
$225,000
Value of restricted stock on grant date
Vesting date
2027 annual meeting
Restricted shares fully vest at 2027 stockholder meeting
Direct holdings after grant
6,181 shares
Director’s direct Class A holdings following transaction
Indirect partnership holdings
3,136,511 shares
Class A shares held by Advance/Newhouse-related entities; beneficial ownership disclaimed
Key Terms
Restricted Stock, Class A Common Stock, beneficially own, Section 16, +1 more
5 terms
Restricted Stock financial
"Grant of Restricted Stock (price not applicable) valued at $225,000"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Class A Common Stock financial
"shares of Class A Common Stock of the Company and Class B Common Units"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
beneficially own financial
"may be deemed to beneficially own the shares of Class A Common Stock"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Section 16 regulatory
"beneficial owner of such shares for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Indirect Interest in a Partnership financial
"nature_of_ownership": "Indirect Interest in a Partnership""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Charter (CHTR) director Michael A. Newhouse report?
Michael A. Newhouse reported receiving a grant of 918 restricted shares of Charter Class A common stock. The award was equity compensation, not an open-market purchase, and carries no cash exercise price. It increases his directly held shares while following standard director compensation practice.
How much is Michael A. Newhouse’s new Charter (CHTR) stock grant worth?
The restricted stock grant to Michael A. Newhouse was valued at approximately $225,000 on the grant date. This valuation reflects Charter’s Class A common stock price when granted and represents typical equity-based compensation rather than a cash salary payment or market transaction.
What indirect Charter (CHTR) holdings are associated with Michael A. Newhouse?
Entities affiliated with the Newhouse interests, including Advance/Newhouse Partnership and related organizations, hold 3,136,511 Charter Class A shares and Class B units. The filing states Newhouse may be deemed to beneficially own these but explicitly disclaims beneficial ownership for Section 16 and other purposes.
Is Michael A. Newhouse’s Charter (CHTR) stock grant a market buy or routine compensation?
The reported 918-share transaction is a grant of restricted stock as compensation, not a market purchase. The price per share is listed as zero because no cash changed hands, and the award vests over time, aligning director incentives with shareholder outcomes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
