Charter Communications, Inc. filed a Form 8-K on October 27, 2026, disclosing compensation arrangements for Kevin Howard as Interim Chief Financial Officer and a quarterly cash dividend declaration for holders of the company's Series A Cumulative Redeemable Preferred Stock.

Key Highlights

  • Interim CFO compensation approved: The Compensation and Benefits Committee approved adjustments for Kevin Howard effective during his service as Interim Chief Financial Officer, with an annual base salary of $925,000.
  • Cash bonus target set at 175%: Howard's target annual cash bonus opportunity was set at 175% of his annual base salary.
  • RSU grant of $250,000: Howard received a restricted stock unit award with a grant date fair value of $250,000, cliff vesting on the third anniversary of the grant date, subject to continued employment.
  • Preferred stock dividend declared: The board declared a quarterly cash dividend on the Series A Cumulative Redeemable Preferred Stock, payable January 15, 2027, to stockholders of record as of December 31, 2026.
  • Howard's full title: Howard is identified in the filing as Executive Vice President, Interim Chief Financial Officer, Chief Accounting Officer and Controller.

Charter Communications Approves Howard's Interim CFO Pay Package and Declares Preferred Dividend

According to the Form 8-K filed with the Securities and Exchange Commission, Charter Communications (NASDAQ:CHTR) reported that on October 26, 2026, the Compensation and Benefits Committee of the Board of Directors approved compensation adjustments for Kevin Howard. The filing states these adjustments are to be effective "during the period he is serving as the Company's Interim Chief Financial Officer," with an annual base salary of $925,000 and a target annual cash bonus opportunity of 175% of that base salary.

The filing further discloses that on October 26, 2026, Howard was granted restricted stock units with a grant date fair value of $250,000. The award is described as cliff vesting "on the third anniversary of the grant date, subject to his continued employment with the Company through such date." No other terms of the RSU award are described in the filing.

Separately, the filing reports that on October 27, 2026, the company issued a press release announcing a quarterly cash dividend on its Series A Cumulative Redeemable Preferred Stock. The dividend will be payable on January 15, 2027, to stockholders of record at the close of business on December 31, 2026. The filing notes that the press release disclosure "shall not be deemed 'filed' for any purpose," as it is furnished under Regulation FD. The specific dividend amount per share is not stated in the body of the Form 8-K itself; it is referenced in the attached Exhibit 99.1.

What Was Disclosed

Charter Communications disclosed compensation terms for Kevin Howard as Interim CFO, including a $925,000 base salary, a 175% target bonus, and a $250,000 RSU grant with a three-year cliff vest, alongside a quarterly preferred stock dividend payable January 15, 2027.