Charter Communications (CHTR) director awarded $225K stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Conn Lance reported acquisition or exercise transactions in this Form 4 filing.
Charter Communications director Lance Conn received an equity award rather than making an open-market trade. He was granted 918 shares of Class A Common Stock as restricted stock, valued at $225,000 on the grant date. These shares will fully vest on the date of Charter’s annual meeting of stockholders in 2027. Following this compensation grant, Conn directly holds 8,465 shares of Charter Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Conn Lance
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 918 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 8,465 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 918 shares
Grant value: $225,000
Holdings after grant: 8,465 shares
+2 more
5 metrics
Restricted stock grant
918 shares
Class A Common Stock awarded to director Lance Conn
Grant value
$225,000
Value of restricted stock on the date of grant
Holdings after grant
8,465 shares
Conn’s direct Class A Common Stock ownership post-transaction
Transaction code
A
Grant, award, or other acquisition of non-derivative securities
Vesting timing
2027 annual meeting
Restricted stock fully vests on 2027 stockholders’ meeting date
Key Terms
Restricted Stock, transaction code A, Class A Common Stock, annual meeting of stockholders
4 terms
Restricted Stock financial
"Grant of Restricted Stock (price not applicable) valued at $225,000 on date of grant"
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.
transaction code A regulatory
"transaction_code": "A","transaction_code_description": "Grant, award, or other acquisition""
Class A Common Stock financial
""security_title": "Class A Common Stock""
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.
annual meeting of stockholders financial
"to fully vest on the date of the Company's annual meeting of stockholders in 2027"
FAQ
What did Charter Communications (CHTR) director Lance Conn report on this Form 4?
Lance Conn reported receiving a grant of 918 shares of Charter Class A Common Stock as restricted stock. The award is a compensation grant, not an open-market purchase, and increases his direct holdings to 8,465 shares after the transaction.
How large is Lance Conn’s stock grant from Charter Communications (CHTR)?
The grant consists of 918 restricted shares of Charter Class A Common Stock valued at $225,000 on the grant date. This award represents additional equity compensation for Conn in his role as a director, rather than a cash salary payment.