Charter (CHTR) COO Jeffery Nick Receives Stock Awards

What Happened

• Jeffery Nick, Chief Operating Officer of Charter Communications (CHTR), received grants of equity awards on September 1, 2026. The filing shows three derivative/award transactions totaling 436,877 units: 347,078 (options), 76,466 (options), and 13,333 (restricted stock units). The reported acquisition price on the Form 4 is $0.00 for the option grants; RSUs are listed with price/expiration not applicable. These are grants/awards (compensation), not open-market purchases or sales.

Key Details

• Transaction date: September 1, 2026; Form 4 filed September 3, 2026 (no indication in the filing excerpt that this was late).
• Awards granted: 347,078 (stock options), 76,466 (stock options), 13,333 (RSUs) — total 436,877 awards.
• Reported price: $0.00 shown for the option grants on the Form 4; RSUs have no price/expiration.
• Vesting and expiration (per footnotes):
  • 347,078 options: vest 25% on Sept 1, 2028; 50% on Sept 1, 2029; 25% on Sept 1, 2030. Options terminate 10 years from grant unless earlier terminated.
  • 76,466 options: 100% vests on Sept 1, 2029; terminate 10 years from grant unless earlier terminated.
  • 13,333 RSUs: 100% vests on Sept 1, 2029.
• Shares/units owned after the transaction: not specified in the provided excerpt of the filing.
• Filing timeliness: Form 4 was filed two days after the grant date; no late filing flag noted in the provided information.

Context

• These were awards (stock options and restricted stock units) granted as compensation under Charter’s 2019 Stock Incentive Plan. They are not exercises or sales and do not represent immediate cash proceeds or open-market buying/selling.
• Options have multi-year vesting schedules and a 10-year term, meaning value is realized only if the stock performs and awards vest; RSUs convert to shares upon vesting.
• For retail investors: grants signal compensation alignment with company performance but are routine for executives; they are not a direct buy or sell of existing shares and should be considered alongside other insider transactions and company fundamentals.