CHARTER COMMUNICATIONS, INC. /MO/·4

Apr 23, 4:20 PM ET

Davis Wade 4

Research Summary

AI-generated summary

Updated

Charter (CHTR) Director Davis Wade Receives Restricted Stock Award

What Happened
Davis Wade, a director of Charter Communications, received a grant of 918 restricted shares on April 21, 2026. The shares were issued at $0.00 (price not applicable for a grant) and the award is reported with an aggregate grant-date value of $225,000. This was an equity award (restricted stock), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-04-21; Form 4 filed: 2026-04-23 (appears filed within the usual two-business-day window).
  • Shares/amount: 918 restricted shares; reported grant price $0.00 (award).
  • Grant value: $225,000 (grant-date valuation per filing footnote).
  • Vesting: Fully vests on the date of the Company’s 2027 annual meeting of stockholders (per footnote F1).
  • Shares owned after transaction: Not specified in the provided excerpt.
  • Footnote: F1 describes the restricted stock grant and vesting schedule; no 10b5-1 plan, sale, or tax-withholding details were indicated in the excerpt.

Context
Restricted stock awards are compensation grants that typically vest over time or upon a corporate event; they are not purchases and do not represent immediate cash proceeds. Until the vesting date the shares may be forfeitable and are primarily a retention/compensation mechanism rather than a direct market signal.