JOHNSON KENNETH E 4

What Happened
Kenneth E. Johnson, Chief Operating Officer of Cable One (CABO), received 1,357 performance-based restricted shares that vested on 2026-02-02 at an effective value of $87.70 per share (total ~$119,009). To satisfy tax withholding on the vesting, 70 shares were withheld (70 x $87.70 = ~$6,139), leaving a net issuance of 1,287 shares to Johnson (net value ≈ $112,870). This was a vesting/award transaction (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-02-02; Filing date: 2026-02-04 (appears timely).
• Award (Code A): 1,357 shares at $87.70 each = $119,009.
• Tax withholding (Code F): 70 shares at $87.70 each = $6,139.
• Net shares received: 1,287 (1,357 granted less 70 withheld), net value ≈ $112,870.
• Footnotes: F1 = vesting of 2023 non-derivative performance-based RSUs, exempt from Section 16(b) liability under Rule 16b-3(d); F2 = shares withheld to satisfy tax withholding.
• Shares beneficially owned after the transaction were not reported in the summary provided.

Context
This was a routine vesting of performance-based restricted stock units, not an open-market trade—such grants reflect compensation vesting rather than a bullish purchase signal. The withholding of shares to cover taxes is common and should not be interpreted as a sale of additional shares. The Rule 16b-3(d) exemption noted means the vesting is not subject to short-swing profit recovery under Section 16(b).