Zinterhofer Eric Louis 4
Research Summary
AI-generated summary
Charter (CHTR) Director Eric Zinterhofer Receives Restricted Stock Award
What Happened
- Eric Louis Zinterhofer, a director of Charter Communications (CHTR), received two restricted stock awards on 2026-04-21 totaling 2,019 shares (1,530 shares and 489 shares). Each grant shows $0.00 per share (restricted stock), with the grants valued at $375,000 and $120,000 respectively — a combined value of $495,000. These are awards/compensation (transaction code A), not open-market purchases or sales.
Key Details
- Transaction date: April 21, 2026; Form 4 filed April 23, 2026 (filed timely within the standard reporting window).
- Prices reported as $0.00 because these are restricted stock grants; footnotes give grant valuations: $375,000 (F1) and $120,000 (F2).
- Vesting: Both grants are scheduled to fully vest on the date of the Company’s 2027 annual meeting of stockholders.
- Shares owned after the transaction: Not reported in the excerpt provided (not stated in the supplied Form 4 details).
- Nature of awards: One grant appears as standard director compensation; the other is an election by the director to receive board retainer in stock in lieu of cash.
Context
- These awards are compensation to a non-employee director and reflect standard director pay practices (restricted shares with time-based vesting), rather than an open-market buy or sale indicating immediate trading sentiment. They do not by themselves indicate the director’s view on the company’s short-term stock direction.