Charter (CHTR) director awarded $225,000 in restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Patterson Martin Edward reported acquisition or exercise transactions in this Form 4 filing.
Charter Communications director Martin Edward Patterson received a grant of 918 shares of Class A Common Stock as restricted stock. The award was valued at $225,000 on the grant date and carries no purchase price. These shares are scheduled to fully vest at the company’s annual meeting of stockholders in 2027. Following this compensation-related grant, Patterson directly holds 1,602 shares of Charter Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Patterson Martin Edward
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 918 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 1,602 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 918 shares
Grant value: $225,000
Post-transaction holdings: 1,602 shares
3 metrics
Restricted stock grant
918 shares
Class A Common Stock award to director
Grant value
$225,000
Valued on the date of grant
Post-transaction holdings
1,602 shares
Class A Common Stock held directly after grant
Key Terms
Restricted Stock, annual meeting of stockholders, Form 4
3 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.
annual meeting of stockholders regulatory
"to fully vest on the date of the Company's annual meeting of stockholders in 2027"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Martin Edward Patterson do in the latest Charter (CHTR) Form 4 filing?
Martin Edward Patterson reported receiving 918 shares of Charter Class A Common Stock as a restricted stock grant. The award is compensation-related, valued at $225,000 on the grant date, and increases his direct holdings to 1,602 shares after the transaction.
What is the value of Martin Edward Patterson’s restricted stock grant from Charter (CHTR)?
The restricted stock grant was valued at $225,000 on the date of grant. This valuation applies to the 918 shares of Charter Class A Common Stock awarded as compensation and referenced in the Form 4 footnote describing the terms of the grant.
Is Martin Edward Patterson’s Charter (CHTR) Form 4 transaction an open-market purchase or a grant?
The transaction is a grant of restricted stock, not an open-market purchase. The Form 4 classifies it as a grant or award acquisition, with zero purchase price and a stated valuation of $225,000 on the grant date for the 918 awarded shares.