CHTR - Charter Communications Executive Chairman Acquires 222042 Shares After Exercising Company Stock Options | Benzinga
Thomas Rutledge, Executive Chairman at Charter Communications (NASDAQ:CHTR), reported a large exercise of company stock options on November 16, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Rutledge, Executive Chairman at Charter Communications, a company in the Communication Services sector, just exercised stock options worth 222,042 shares of CHTR stock with an exercise price of $159.19.
Charter Communications shares are trading up 0.25% at $413.9 at the time of this writing on Friday morning. Since the current price is $413.9, this makes Rutledge's 222,042 shares worth $91,903,183.
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