Cable One (CABO) CLO Christopher Arntzen Receives Awards; 40 Shares Withheld

What Happened

• Christopher J. Arntzen, Chief Legal Officer and Secretary of Cable One, received two grants on August 1, 2026: 10,002 phantom service-based restricted stock units (Phantom RSUs) and 15,003 phantom performance-based restricted stock units (Phantom PSUs). Both are derivative awards that will be settled in cash (no new shares issued at grant).
• On the same date, 40 shares of Cable One common stock were withheld to satisfy tax withholding related to the vesting of a prior restricted stock unit award (the 2024 RSU grant). Those 40 shares were disposed of at $39.99 per share for a total of $1,600.

Key Details

• Transaction date(s): August 1, 2026 (grants and withholding).
• Prices/values: Phantom awards reported at $0 per share (derivative, cash-settled). Withheld shares sold at $39.99 each, total $1,600.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes/vesting:
  • Withholding (40 shares) relates to RSUs granted August 1, 2024 that vest in two equal installments on the first two anniversaries of the grant date (footnote F1).
  • Phantom RSUs (10,002) vest in substantially equal installments on Jan 3 of 2027, 2028 and 2029 (footnote F3).
  • Phantom PSUs (15,003) vest based on performance over Jan 1, 2026–Dec 31, 2028 and require certification of performance by the Compensation Committee (footnote F4).
  • Each Phantom RSU/PSU represents a contingent right to the economic value of one share and will be settled solely in cash (footnote F2).
• Filing timeliness: Form filed Aug 4, 2026 reporting Aug 1, 2026 transactions; no late-filing flag indicated in the provided data.

Context

• These grants are derivative, cash-settled awards (not immediate stock). Phantom RSUs provide a time-based cash value tied to future dates; Phantom PSUs pay out only if performance targets are met and are subject to certification.
• The 40-share disposition was a routine tax-withholding action tied to the vesting of an earlier RSU award, not an open-market sale for investment purposes.