Charter (NASDAQ: CHTR) awards DiGeronimo new equity tied to Cox deal
Rhea-AI Filing Summary
CHARTER COMMUNICATIONS, INC. (CHTR) reported equity awards to executive Richard J. DiGeronimo, President-Product & Technology. He received 151,872 stock options under the 2019 Stock Incentive Plan with an exercise price of $149.395 per share, vesting 100% on August 20, 2030 and expiring on August 20, 2036, granted in connection with the closing of the Cox Transactions. He also received 58,988 Restricted Stock Units, vesting 50% on August 20, 2028 and 50% on August 20, 2030. These awards are reported as directly owned derivative securities tied to Class A Common Stock.
Positive
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Negative
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DiGeronimo Richard J
Role
President-Product & Technology
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options F1 | 151,872 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F2, F3 | 58,988 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Options — 151,872 shares (Direct);
Restricted Stock Units — 58,988 shares (Direct)
Footnotes (3)
- F1. Stock options granted on August 20, 2026 under the Charter Communications, Inc. 2019 Stock Incentive Plan in connection with the closing of the previously announced transactions contemplated by the Transaction Agreement by and among Charter Communications, Inc., Charter Communications Holdings, LLC and Cox Enterprises, Inc. (the "Cox Transactions"); 100% of the grant will vest on the fourth anniversary of the grant date, August 20, 2030. Such options will terminate 10 years from the grant date unless terminated sooner in accordance with the plan or grant agreement.
- F2. Restricted Stock Unit grant - price and expiration date not applicable.
- F3. Restricted Stock Units granted on August 20, 2026 under the Charter Communications, Inc. 2019 Stock Incentive Plan in connection with the closing of the Cox Transactions; 50% of the grant will vest on the second anniversary of the grant date, August 20, 2028, and 50% of the grant will vest on the fourth anniversary of the grant date, August 20, 2030.
Key Figures
Stock options granted: 151,872 options
Option exercise price: $149.395 per share
Option vesting date: August 20, 2030
+3 more
6 metrics
Stock options granted
151,872 options
Granted on August 20, 2026 under the 2019 Stock Incentive Plan
Option exercise price
$149.395 per share
Exercise price for 151,872 stock options
Option vesting date
August 20, 2030
100% of option grant vests on fourth anniversary of grant
Option expiration date
August 20, 2036
Options terminate 10 years from grant date unless ended sooner
Restricted Stock Units granted
58,988 RSUs
Granted on August 20, 2026 under the 2019 Stock Incentive Plan
RSU vesting schedule
50% on August 20, 2028; 50% on August 20, 2030
Time-based vesting of 58,988 RSUs
Key Terms
Stock Options, Restricted Stock Units, 2019 Stock Incentive Plan, Transaction Agreement, +1 more
5 terms
Stock Options financial
"Stock options granted on August 20, 2026 under the Charter Communications, Inc. 2019 Stock Incentive Plan"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
Restricted Stock Units financial
"Restricted Stock Units granted on August 20, 2026 under the Charter Communications, Inc. 2019 Stock Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2019 Stock Incentive Plan financial
"granted on August 20, 2026 under the Charter Communications, Inc. 2019 Stock Incentive Plan"
Transaction Agreement regulatory
"transactions contemplated by the Transaction Agreement by and among Charter Communications, Inc."
A transaction agreement is a legal contract that lays out the terms and steps for a specific business deal—such as a merger, acquisition, asset sale, financing, or securities purchase. It defines what each party must do, what is being exchanged, conditions that must be met, and how disputes are handled. For investors it matters because this document determines the rights, timing, risks, and potential payments they can expect from the deal, much like a recipe and schedule that guides a complex group project.
Cox Transactions financial
"in connection with the closing of the previously announced transactions contemplated by the Transaction Agreement ... (the "Cox Transactions")"
FAQ
What equity awards did CHTR grant to Richard J. DiGeronimo on August 20, 2026?
Richard J. DiGeronimo received 151,872 stock options with a $149.395 exercise price and 58,988 Restricted Stock Units, all under Charter’s 2019 Stock Incentive Plan in connection with the closing of the Cox Transactions.
What are the vesting terms of Richard DiGeronimo’s new stock options at CHTR?
The 151,872 stock options granted to Richard DiGeronimo vest 100% on the fourth anniversary of the grant date, August 20, 2030, and will terminate 10 years from the grant date, on August 20, 2036, unless terminated sooner under the plan or grant agreement.
How do the Restricted Stock Units granted to Richard DiGeronimo at CHTR vest?
The 58,988 Restricted Stock Units vest in two tranches: 50% on the second anniversary of the grant date, August 20, 2028, and 50% on the fourth anniversary, August 20, 2030, all under the 2019 Stock Incentive Plan.
What is the exercise price and expiration date of Richard DiGeronimo’s CHTR stock options?
The stock options have an exercise price of $149.395 per share. They were granted on August 20, 2026 and will expire on August 20, 2036, unless they terminate earlier in accordance with the plan or grant agreement.
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