Nair Balan 4

What Happened

• Nair Balan, a director of Charter Communications (CHTR), received two grants of restricted stock on 2026-04-21 totaling 1,407 shares (918 + 489). Both grants show $0.00 per share (restricted stock grants) and are valued at $225,000 and $120,000 respectively, for a combined value of $345,000. The awards are scheduled to fully vest on the date of the Company’s 2027 annual meeting of stockholders.
• This was an award/grant (insider transaction code A) rather than an open-market purchase or sale — a routine director compensation event rather than an immediate market trade.

Key Details

• Transaction date: 2026-04-21; Filing date (Form 4): 2026-04-23 (filed within the SEC reporting window).
• Price reported: $0.00 per share (price not applicable for restricted stock grants).
• Shares granted: 918 shares (footnote F1, valued $225,000) and 489 shares (footnote F2, valued $120,000); total 1,407 shares, $345,000.
• Vesting: Both grants fully vest on the date of the Company’s 2027 annual meeting of stockholders.
• Footnotes: F1 = restricted stock grant valued at $225,000. F2 = restricted stock grant elected in lieu of cash board retainer, valued at $120,000.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Timeliness: Filing appears timely (not marked late).

Context

• Director awards like these are common compensation for non-employee directors and do not represent an open-market buy or sell signal. They reflect compensation and retention policy (one grant was an election to accept stock instead of cash).
• For retail investors, purchases by insiders may be more directly indicative of personal bullish conviction; grants and retainer elections primarily reflect compensation practices.