WEITZ WALLACE R 4
Research Summary
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Cable One (CABO) Director Wallace Weitz Receives RSU Award
What Happened Wallace R. Weitz, a member of the Board of Directors of Cable One, Inc. (CABO), was granted 4,986 restricted stock units (RSUs) on May 14, 2026. The award is reported at $51.13 per share for a total grant value of $254,934. This was an award/grant (not an open-market purchase or sale).
Key Details
- Transaction date and value: May 14, 2026 — 4,986 RSUs at $51.13 each; total $254,934. (Report filed May 18, 2026.)
- Transaction type: Award/Grant (Form 4 code A).
- Vesting: RSUs generally vest in full on the one‑year anniversary of the grant date, or earlier at the 2027 annual shareholders’ meeting, subject to the reporting person’s continued service on the Board. (Footnote F1)
- Conversion: RSUs convert into Common Stock on a one‑for‑one basis. (Footnote F2)
- Shares owned after transaction: Not specified in the provided filing.
- Filing timeliness: Transaction dated 2026-05-14; Form 4 filed 2026-05-18 — within the typical two business‑day reporting window (timely).
- Notes: This is a grant of compensation to a director, a routine corporate action (not a market buy/sell).
Context RSUs are deferred equity awards that convert to shares upon vesting; they are commonly used to compensate directors and executives and do not by themselves indicate a buy or sell signal. Shares will be delivered upon vesting or per any deferral election, per the filing.