Charter Communications (CHTR) director emeritus logs 87,833-share stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Charter Communications director emeritus Thomas Rutledge reported open-market sales of Charter Class A common stock. On May 26, 2026, he sold 69,633 shares at a weighted average price of about $144.45, leaving 3,968 shares held directly.
On May 27, 2026, trusts for the benefit of his adult children sold a total of 18,200 shares at weighted average prices of about $146.92 and $146.96, with those trust positions reduced to zero. The filing notes these prices reflect multiple trades within stated ranges and that Rutledge, as trustee, is not a beneficiary of the trusts and disclaims beneficial ownership of those securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 87,833 shares ($12,732,783)
Net Sell
3 txns
Insider
Rutledge Thomas
Role
null
Sold
87,833 shs ($12.73M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 9,100 | $146.964 | $1.34M |
| Sale | Class A Common Stock | 9,100 | $146.9201 | $1.34M |
| Sale | Class A Common Stock | 69,633 | $144.4493 | $10.06M |
Holdings After Transaction:
Class A Common Stock — 0 shares (Indirect, By trust);
Class A Common Stock — 3,968 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $144.20 to $145.04, inclusive. The reporting person undertakes to provide Charter Communications, Inc., any security holder of Charter Communications, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $146.89 to $147.145, inclusive. The reporting person undertakes to provide Charter Communications, Inc., any security holder of Charter Communications, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. These shares were held in a trust for the benefit of A Alonso, the reporting person's adult child. The reporting person is trustee of the trust. The reporting person is not a beneficiary of the trust and disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. These shares were held in a trust for the benefit of TP Rutledge, the reporting person's adult child. The reporting person is trustee of the trust. The reporting person is not a beneficiary of the trust and disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Key Figures
Total shares sold: 87,833 shares
Direct sale shares: 69,633 shares
Direct sale price: $144.4493 per share
+4 more
7 metrics
Total shares sold
87,833 shares
Aggregate net shares sold across reported transactions
Direct sale shares
69,633 shares
Class A Common Stock sold directly on May 26, 2026
Direct sale price
$144.4493 per share
Weighted average price for 69,633-share sale
Trust sale shares (each block)
9,100 shares
Each of two trust-related sales on May 27, 2026
Trust sale prices
$146.9201 and $146.9640 per share
Weighted average prices for two 9,100-share trust sales
Direct holdings after sale
3,968 shares
Class A Common Stock held directly after May 26, 2026 sale
Indirect holdings after sales
0 shares
Trust positions involved in May 27 sales after transactions
Key Terms
open-market sale, weighted average price, trust, beneficial ownership, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale" for each Class A Common Stock transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
trust financial
"These shares were held in a trust for the benefit of A Alonso..."
beneficial ownership financial
"disclaims beneficial ownership of these securities, and the filing of this report is not an admission..."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"beneficial owner of these securities 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.
FAQ
What did Thomas Rutledge report selling in Charter Communications (CHTR) stock?
Thomas Rutledge reported selling a total of 87,833 shares of Charter Class A common stock in open-market transactions. This included 69,633 shares held directly and 18,200 shares held through family trusts for his adult children.
On what dates did the Charter Communications (CHTR) stock sales occur?
The reported Charter stock sales occurred on May 26, 2026 and May 27, 2026. The larger direct sale of 69,633 shares was on May 26, while the trust-related sales totaling 18,200 shares took place on May 27.
Were the Charter (CHTR) stock sales made through open-market transactions?
Yes. All three reported transactions are coded as open-market sales of Charter Class A common stock. The filing describes them as sales in open-market or private transactions, with execution prices reported on a weighted average basis across multiple individual trades.