Patterson Martin Edward 4
Research Summary
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Charter (CHTR) Director Patterson Receives 918-Share Award
What Happened
- Patterson Martin Edward (Director) was granted 918 restricted shares of Charter Communications on 2026-04-21. The filing reports an acquisition at $0.00 per share (typical for restricted stock); the grant is valued at $225,000 per the filing footnote. This is an award/grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-21 (reported on Form 4 filed 2026-04-23).
- Transaction type/code: Grant/Award (A); price reported as $0.00 for the grant.
- Shares granted: 918; reported aggregate value: $225,000 (footnote).
- Vesting: The restricted shares fully vest on the date of the Company’s 2027 annual meeting of stockholders.
- Shares owned after transaction: Not specified in the provided filing.
- Timeliness: Filing appears timely (reported two days after the transaction).
Context
- This was a restricted stock award as part of director compensation, not a purchase or sale — awards like this are common for non-employee directors and do not by themselves indicate immediate buying or selling intent.
- The shares are subject to vesting, so they are not immediately fungible until the vesting date.