CHTR - Charter Communications Executive Chairman Sold $98.60M In Company Stock | Benzinga
Thomas Rutledge, Executive Chairman at Charter Communications (NASDAQ:CHTR), reported a large insider sell on November 20, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Rutledge sold 239,726 shares of Charter Communications. The total transaction amounted to $98,596,478.
Charter Communications shares are trading down 0.49% at $411.05 at the time of this writing on Tuesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however an ...