|8-KJan 28, 4:03 PM ET

CHARTER COMMUNICATIONS, INC. /MO/ 8-K

Research Summary

AI-generated summary

Updated

Charter Communications Appoints New Independent Director Wade Davis

What Happened Charter Communications (CHTR) filed an 8-K reporting that the Board appointed Wade Davis as a director effective January 27, 2026. Mr. Davis fills the vacancy created by David Merritt’s retirement from the Board, which was effective January 26, 2026. The Board determined Mr. Davis is independent under Nasdaq rules.

Key Details

  • Appointment date: January 27, 2026; vacancy created by David Merritt’s retirement effective January 26, 2026.
  • Independence: Board determined Mr. Davis qualifies as an “independent” director under Nasdaq listing standards.
  • Compensation: Annual cash retainer of $120,000 (prorated for 2026 start) plus a prorated restricted stock award valued at $52,398 granted Jan. 27, 2026.
  • Other items: Mr. Davis has not been assigned to Board committees yet and will enter the Company’s standard director indemnification agreement. No other arrangements or understandings were reported.

Why It Matters Board composition and independence are part of corporate governance oversight. This is a routine non-employee director appointment with modest direct cost (prorated cash retainer and a one-time restricted stock grant). For investors, the change signals continuity of governance (replacement is independent) rather than an operational or management shift; it does not report any executive departure or financial results.