Charter Communications (CHTR) director receives $345K in restricted stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nair Balan reported acquisition or exercise transactions in this Form 4 filing.
Charter Communications director Nair Balan received stock-based compensation in the form of restricted Class A Common Stock. Two grants were reported on April 21, 2026: 489 shares valued at $225,000 on the grant date and 918 shares valued at $120,000 on the grant date.
Both awards will fully vest on the date of Charter’s annual meeting of stockholders in 2027. After these non-cash awards, Balan directly holds between 10,540 and 11,029 shares of Class A Common Stock according to the reported post-transaction balances.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Nair Balan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 918 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 489 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 10,540 shares (Direct, null)
Footnotes (1)
- 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. Grant of Restricted Stock (price not applicable) under an election offered by the Company to its eligible non-employee directors to accept board retainer in stock in lieu of cash valued at $120,000 on date of grant, to fully vest on the date of the Company's annual meeting of stockholders in 2027.
Key Figures
Restricted stock grant 1: 489 shares
Restricted stock grant 1 value: $225,000
Restricted stock grant 2: 918 shares
+4 more
7 metrics
Restricted stock grant 1
489 shares
Class A Common Stock, valued at $225,000 on grant date
Restricted stock grant 1 value
$225,000
Grant of Restricted Stock to vest at 2027 annual meeting
Restricted stock grant 2
918 shares
Class A Common Stock, board retainer in stock
Restricted stock grant 2 value
$120,000
Grant of Restricted Stock to vest at 2027 annual meeting
Total restricted shares granted
1,407 shares
Sum of 489-share and 918-share restricted stock awards
Holdings after grant (higher figure)
11,029 shares
Total Class A Common Stock directly held after one grant
Holdings after grant (lower figure)
10,540 shares
Total Class A Common Stock directly held after the other grant
Key Terms
Restricted Stock, annual meeting of stockholders, non-employee directors, board retainer, +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.
annual meeting of stockholders financial
"to fully vest on the date of the Company's annual meeting of stockholders in 2027"
non-employee directors financial
"offered by the Company to its eligible non-employee directors to accept board retainer in stock"
board retainer financial
"to accept board retainer in stock in lieu of cash valued at $120,000"
Form 4 regulatory
"What did Charter Communications (CHTR) director Nair Balan report on this 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 Charter Communications (CHTR) director Nair Balan report on this Form 4?
Director Nair Balan reported receiving two grants of restricted Class A Common Stock as stock-based compensation. The awards totaled 1,407 shares valued at a combined $345,000 on the respective grant dates and will vest at Charter’s annual stockholder meeting in 2027.
What is the value of the restricted stock grants to Nair Balan at Charter Communications (CHTR)?
The restricted stock grants were valued at $225,000 and $120,000 on the grant date, totaling $345,000. These valuations come from the company’s board compensation program and reflect non-cash equity awards rather than cash salary payments.
When do Nair Balan’s restricted stock awards at Charter Communications (CHTR) vest?
Both restricted stock awards are scheduled to fully vest on the date of Charter Communications’ annual meeting of stockholders in 2027. Until that meeting occurs, the shares remain subject to vesting conditions tied to continued board service.