Charter Communications director receives stock grants
Nair Balan reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Nair Balan reported acquisition or exercise transactions in this Form 4 filing.
On April 21, 2026, Charter Communications director Nair Balan received two restricted stock grants of Class A Common Stock, one valued at $225,000 and another at $120,000. Both awards are scheduled to fully vest at the company’s annual meeting of stockholders in 2027. After these grants, he directly holds 11,029 shares of Class A Common Stock.
Insider Trade Summary
Grant/Award: 1,407 shares
Grant/Award
2 txns
Insider
Nair Balan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 918 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 489 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 11,029 shares (Direct)
Footnotes (2)
- 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. 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: 918 shares
Restricted stock grant 2: 489 shares
Grant value 1: $225,000
+2 more
5 metrics
Restricted stock grant 1
918 shares
Class A Common Stock grant on April 21, 2026
Restricted stock grant 2
489 shares
Additional Class A Common Stock grant on April 21, 2026
Grant value 1
$225,000
Restricted Stock valued on grant date, vesting at 2027 annual meeting
Grant value 2
$120,000
Retainer in stock valued on grant date, vesting at 2027 annual meeting
Post-transaction holdings
11,029 shares
Direct Class A Common Stock held by Nair Balan after reported grants
Key Terms
Restricted Stock, board retainer, annual meeting of stockholders, non-employee directors
4 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.
board retainer financial
"under an election ... to accept board retainer in stock in lieu of cash"
annual meeting of stockholders regulatory
"to fully vest on the date of the Company's annual meeting of stockholders in 2027"
non-employee directors regulatory
"offered by the Company to its eligible non-employee directors to accept board retainer"
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Nair Balan report for CHTR?
Director Nair Balan reported receiving two restricted stock grants of Charter Class A Common Stock on April 21, 2026. The awards were valued at $225,000 and $120,000 and represent equity-based director compensation rather than open-market purchases.
When do Nair Balan’s CHTR restricted stock grants vest?
Both restricted stock grants to Nair Balan are scheduled to fully vest on the date of Charter’s annual meeting of stockholders in 2027. Vesting at that meeting ties the awards to continued board service through that date.
What were the values of the restricted stock grants in the CHTR Form 4?
The Form 4 notes one restricted stock grant valued at $225,000 and a second grant valued at $120,000 on the grant date. The price per share is described as not applicable because these are equity awards, not cash purchases.
Did the CHTR Form 4 show any stock sales by Nair Balan?
No, the Form 4 reports only acquisitions of restricted stock by Nair Balan and no stock sales. The transactions are coded as awards (transaction code A), indicating equity grants rather than market dispositions or purchases.
How is the Charter (CHTR) board retainer reflected in these grants?
One restricted stock grant is described as issued under an election for eligible non-employee directors to receive board retainer in stock instead of cash. That grant was valued at $120,000 on the grant date and vests at the 2027 annual meeting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
