Nair Balan 4
Research Summary
AI-generated summary
Charter (CHTR) Director Nair Balan Buys 1,000 Shares
What Happened
- Nair Balan, a director of Charter Communications, bought 1,000 shares of CHTR in an open-market purchase on 2026-04-28 at $175.46 per share, for a total cash outlay of $175,460. This transaction is reported as a purchase (code P).
Key Details
- Transaction date: 2026-04-28
- Price per share: $175.46; Total value: $175,460
- Transaction type: Open-market purchase (Form 4 code: P)
- Shares owned after transaction: Not specified in the provided filing details
- Filing date / accession: Report filed 2026-04-28 (no late filing indicated in provided data)
- No footnotes, 10b5-1 plan, tax-withholding, or option-exercise details were reported for this transaction
Context
- Insider purchases are often noted by investors because they represent a director or officer using personal funds to buy company stock; however, filings do not disclose the buyer’s motivation.
- As a director (not a 10% owner), this was a straightforward open-market purchase rather than an option exercise, award, or gift.