Charter (CHTR) Director Davis Wade Buys 5,728 Shares

What Happened
Davis Wade, a director of Charter Communications, purchased 5,728 shares in an open-market transaction on April 28, 2026. The shares were acquired at $173.72 per share for a total reported cost of $995,068. This was a straight purchase (transaction code P), which market observers often view as a more informative signal than routine insider sales.

Key Details

• Transaction date and price: 2026-04-28 — 5,728 shares at $173.72 each.
• Total value: $995,068 (reported).
• Transaction type: Open market purchase (code P).
• Shares owned after transaction: Not specified in the filing.
• Footnotes/plan details: None noted (no 10b5-1 plan, option exercise, gift, or tax withholding indicated).
• Filing timeliness: Form 4 filed 2026-04-29 (timely relative to the 2-business-day reporting requirement).

Context
This was a direct stock purchase, not an option exercise or award. Purchases by insiders can indicate confidence but are one data point among many; consider overall insider activity, company fundamentals, and market conditions before drawing conclusions.