Director Deborah Kissire receives 3,031 Cable One (CABO) restricted stock units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cable One, Inc. director Deborah J. Kissire reported receiving a grant of 3,031 shares of Common Stock in the form of restricted stock units valued at $51.13 per share. These restricted stock units generally vest in full on the one-year anniversary of the grant date or on the date of the 2027 annual shareholders' meeting, whichever comes first, if she continues serving on the Board. Upon vesting, the units convert into Common Stock on a one-for-one basis, and shares will be delivered at vesting or according to any deferral election. After this award, she directly holds 6,349 shares of Cable One common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kissire Deborah J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 3,031 | $51.13 | $155K |
Holdings After Transaction:
Common Stock, par value $0.01 — 6,349 shares (Direct, null)
Footnotes (1)
- This award of restricted stock units generally vests in full on the one-year anniversary of the grant date, or if earlier, the date of the 2027 annual shareholders' meeting of Cable One, Inc., subject to the Reporting Person's continued service on the Board of Directors of Cable One, Inc. through such date. Shares of Common Stock will be delivered to the Reporting Person upon vesting of the restricted stock units or, if applicable, as per the terms of the Reporting Person's deferral election. Restricted stock units convert into Common Stock on a one-for-one basis.
Key Figures
RSU grant size: 3,031 shares
Grant price per share: $51.13 per share
Post-grant holdings: 6,349 shares
+2 more
5 metrics
RSU grant size
3,031 shares
Restricted stock units awarded to director on grant date
Grant price per share
$51.13 per share
Value used for the restricted stock unit award
Post-grant holdings
6,349 shares
Total Cable One Common Stock held directly after transaction
Vesting timing
One-year anniversary or 2027 meeting
RSUs vest by one-year mark or 2027 annual shareholders' meeting
Conversion ratio
1 unit : 1 share
Restricted stock units convert into Common Stock on a one-for-one basis
Key Terms
restricted stock units, vests in full, annual shareholders' meeting, deferral election, +1 more
5 terms
restricted stock units financial
"This award of restricted stock units generally vests in full on the one-year anniversary of the grant date"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vests in full financial
"generally vests in full on the one-year anniversary of the grant date"
deferral election financial
"or, if applicable, as per the terms of the Reporting Person's deferral election"
one-for-one basis financial
"Restricted stock units convert into Common Stock on a one-for-one basis."
FAQ
What insider transaction did Cable One (CABO) report for Deborah J. Kissire?
Cable One reported that director Deborah J. Kissire received a grant of 3,031 restricted stock units of Common Stock valued at $51.13 per share. This is a compensation-related equity award, not an open-market stock purchase or sale.
When do Deborah J. Kissire’s Cable One (CABO) restricted stock units vest?
The restricted stock units generally vest in full on the one-year anniversary of the grant date or, if earlier, on the date of Cable One’s 2027 annual shareholders' meeting. Vesting is contingent on her continued service on the Board through that date.
What does one-for-one conversion of Cable One (CABO) restricted stock units mean?
One-for-one conversion means each restricted stock unit will convert into one share of Cable One Common Stock upon vesting. This provides a clear link between the number of units granted and the number of shares ultimately delivered to the director.
Is Deborah J. Kissire’s Cable One (CABO) equity award an open-market purchase?
No, the award is classified as a grant or award acquisition, not an open-market purchase. The shares are received as restricted stock units under compensation arrangements rather than being bought on the stock market by the director.