Charter Communications (CHTR) director Wade Davis receives $225K restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Charter Communications director Wade Davis received an equity grant in the form of restricted stock. He acquired 918 shares of Class A Common Stock at a stated price of $0.00, increasing his direct holdings to 1,197 shares after the transaction.
The restricted stock grant was valued at $225,000 on the grant date and is scheduled to fully vest on the date of Charter’s annual meeting of stockholders in 2027, tying director compensation to the company’s future performance over this period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Davis Wade
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 918 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 1,197 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted shares granted: 918 shares
Grant value: $225,000
Price per share: $0.00
+2 more
5 metrics
Restricted shares granted
918 shares
Class A Common Stock grant to director Wade Davis
Grant value
$225,000
Value of restricted stock on grant date
Price per share
$0.00
Stated price for the restricted stock grant
Shares owned after grant
1,197 shares
Director Wade Davis’s direct Class A holdings after transaction
Vesting timing
2027 annual meeting
Restricted stock fully vests at 2027 stockholders’ meeting
Key Terms
Restricted Stock, Class A Common Stock, annual meeting of stockholders
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.
Class A Common Stock financial
"security_title: "Class A Common Stock" for the reported grant"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
annual meeting of stockholders regulatory
"to fully vest on the date of the Company's annual meeting of stockholders in 2027"
FAQ
What equity award did Charter Communications (CHTR) director Wade Davis receive?
Director Wade Davis received a grant of 918 shares of restricted Class A Common Stock, valued at $225,000 on the grant date. This equity award is structured as restricted stock and is scheduled to fully vest at Charter’s 2027 annual meeting of stockholders.
When will Wade Davis’s restricted Charter Communications (CHTR) stock vest?
The restricted stock granted to Wade Davis is scheduled to fully vest on the date of Charter Communications’ annual meeting of stockholders in 2027. Vesting at that meeting links the award’s value to his continued board service over the intervening period.
How large is Wade Davis’s restricted stock award at Charter Communications (CHTR)?
The restricted stock award to Wade Davis was valued at $225,000 on the grant date. It consists of 918 shares of Class A Common Stock that will fully vest at Charter Communications’ annual meeting of stockholders in 2027, subject to his continued service as a director.