Charter (CHTR) Director Dallas S. Clement Receives Restricted Stock Award
$CHTR · CHARTER COMMUNICATIONS, INC. /MO/Research Summary
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Charter (CHTR) Director Dallas S. Clement Receives Restricted Stock Award
What Happened Dallas S. Clement, a director of Charter Communications, received two grants of restricted common stock on August 19, 2026: 1,009 shares and 538 shares (total 1,547 shares) at an acquisition price of $0.00. The grants are valued on the grant date at $155,342 and $82,849 respectively (total $238,191) and will fully vest on the date of the Company's 2027 annual meeting of stockholders. These are awards (compensation), not open-market purchases or sales.
Key Details
- Transaction date: August 19, 2026; Form 4 filed August 21, 2026 (appears timely — two business days after the transaction).
- Grants: 1,009 shares (F1) and 538 shares (F2); acquisition price reported as $0.00 because these are restricted stock awards.
- Grant valuations: $155,342 (F1) and $82,849 (F2); total grant value $238,191 on grant date.
- Vesting: Both grants fully vest on the date of the Company’s 2027 annual meeting.
- Grant types: F1 = restricted stock award; F2 = restricted stock under an election to accept board retainer in stock instead of cash.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Filed within two days of the transaction date (no late filing flag indicated).
Context Restricted stock awards to non-employee directors are a common form of compensation and are typically not a direct signal of a director's short-term view on the stock. The $0.00 acquisition price reflects that these are grants (not purchases); vesting conditions determine when the shares become freely tradable.