Newhouse Michael A 4
Research Summary
AI-generated summary
Charter (CHTR) Director Michael A. Newhouse Receives 918-Share Award
What Happened
Michael A. Newhouse, a director of Charter Communications, received a grant of 918 restricted shares on April 21, 2026. The Form 4 reports the shares at $0.00 per share (price not applicable for restricted stock) and the award was valued at $225,000 on the grant date. The award is scheduled to fully vest on the date of the company’s 2027 annual meeting of stockholders. This is a compensation grant (award), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-21 (Form filed 2026-04-23 — appears timely).
- Transaction type/code: A = Grant/Award of restricted stock. Reported price: $0.00 (price not applicable).
- Shares granted: 918 restricted shares; grant valued at $225,000 on grant date.
- Vesting: Fully vests on the date of the 2027 annual meeting of stockholders.
- Shares owned after transaction: Not disclosed in the provided filing summary.
- Footnotes: (F1) grant valuation and vesting schedule; (F2–F3) disclosures about potential deemed ownership through Advance/Newhouse family entities and a disclaimer that the reporting person disclaims beneficial ownership of shares held by Advance/Newhouse Partnership.
Context
Restricted stock grants are a form of compensation and do not represent an open-market buy signal; shares typically remain subject to forfeiture until vesting and cannot be sold until they vest (unless other arrangements are made). The filing also notes family/affiliate ownership structures that may create deemed ownership of other Charter shares held by Advance/Newhouse entities, but the reporting person disclaims beneficial ownership of those holdings in this report.