Richard Adam Ray, Executive Vice President and Chief Commercial Officer of Charter Communications, Inc., filed a Form 4 on August 24, 2026, disclosing the acquisition of stock options and restricted stock units granted on August 20, 2026, in connection with the closing of the Cox Transactions.

Key Highlights

  • Stock options granted: 54,932 stock options were acquired on August 20, 2026, with an exercise price of $149.395 per share.
  • RSUs granted: 21,336 restricted stock units were acquired on August 20, 2026, at a price of $0.
  • Options vesting: 100% of the stock options vest on the fourth anniversary of the grant date, August 20, 2030, and expire on August 20, 2036.
  • RSU vesting schedule: 50% of the RSUs vest on August 20, 2028, and the remaining 50% vest on August 20, 2030.
  • Linked to Cox Transactions: Both grants were made under the Charter Communications, Inc. 2019 Stock Incentive Plan in connection with the closing of the previously announced Cox Transactions.
  • Reporting person role: Ray holds the title of EVP, Chief Commercial Officer, and all securities are held directly.

Cox Transactions Trigger Equity Grants for Charter's Chief Commercial Officer

According to the filing, Richard Adam Ray received two equity awards from Charter Communications, Inc. (NASDAQ:CHTR) on August 20, 2026, both issued under the Charter Communications, Inc. 2019 Stock Incentive Plan. The filing states that the grants were made "in connection with the closing of the previously announced transactions contemplated by the Transaction Agreement by and among Charter Communications, Inc., Charter Communications Holdings, LLC and Cox Enterprises, Inc." referred to in the filing as the "Cox Transactions."

The first award consists of 54,932 stock options with an exercise price of $149.395. The filing discloses that 100% of the options will vest on August 20, 2030, the fourth anniversary of the grant date, and that the options will terminate 10 years from the grant date, on August 20, 2036, "unless terminated sooner in accordance with the plan or grant agreement." The price of the derivative security is listed as $0. Following this transaction, Ray directly beneficially owns 54,932 stock options.

The second award consists of 21,336 restricted stock units. The filing notes that price and expiration date are not applicable to the RSU grant. These RSUs vest in two equal installments: 50% on August 20, 2028, and 50% on August 20, 2030. Following the transaction, Ray directly beneficially owns 21,336 restricted stock units. The Form 4 was signed by Jennifer A. Smith as attorney-in-fact for Richard Adam Ray and filed on August 24, 2026.

What Was Disclosed

Charter Communications EVP and Chief Commercial Officer Richard Adam Ray reported the acquisition of 54,932 stock options and 21,336 restricted stock units, both granted August 20, 2026, under the 2019 Stock Incentive Plan in connection with the closing of the Cox Transactions.