Charter Communications (CHTR) director receives $225,000 restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WARGO J DAVID reported acquisition or exercise transactions in this Form 4 filing.
Charter Communications director J David Wargo received a grant of 918 shares of Class A Common Stock as restricted stock compensation. The award was valued at $225,000 on the grant date and will fully vest on the date of the company’s annual meeting of stockholders in 2027. Following this grant, Wargo directly holds 1,602 shares of Charter Communications stock. This transaction reflects an equity award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WARGO J DAVID
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
Holdings after grant: 1,602 shares
+1 more
4 metrics
Restricted stock grant
918 shares
Class A Common Stock grant to director J David Wargo
Grant value
$225,000
Value of restricted stock on the grant date
Holdings after grant
1,602 shares
Total direct holdings following the transaction
Vesting date
2027 annual meeting
Restricted stock fully vests at 2027 stockholders’ meeting
Key Terms
Restricted Stock, Class A Common Stock, Grant, award, or other acquisition
3 terms
Restricted Stock financial
"Grant of Restricted Stock (price not applicable) valued at $225,000 on date of grant"
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"
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.
Grant, award, or other acquisition regulatory
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Charter Communications (CHTR) director J David Wargo report in this Form 4?
J David Wargo reported receiving 918 shares of Class A Common Stock as a restricted stock grant. The award is a compensation grant, not an open-market purchase, and increased his direct holdings to 1,602 shares after the transaction.
How large is J David Wargo’s latest stock grant from Charter Communications (CHTR)?
The latest stock grant to J David Wargo is 918 restricted shares of Class A Common Stock. According to the filing footnote, the grant was valued at $225,000 on the grant date, representing equity-based director compensation rather than a cash bonus.
Was J David Wargo’s Charter Communications (CHTR) transaction an open-market buy or a compensation grant?
The transaction was a compensation grant, not an open-market purchase. The Form 4 identifies the code as a grant or award acquisition, and the footnote specifies a restricted stock grant valued at $225,000 on the grant date.