secwatch.observer — SEC 8-K summary
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Issuer:     CHARTER COMMUNICATIONS, INC. /MO/ (CHTR)
CIK:        0001091667
Form:       8-K
Filed at:   2023-08-21T23:59:59+00:00
Accession:  0001091667-23-000119
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Charter Communications extends David Ellen Senior EVP to Nov 2023 then Executive Advisor through July 2025
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- Mr. Ellen remains Senior EVP through Nov 30, 2023, then Executive Advisor through July 1, 2025.
- Base salary $1.25M/yr through Nov 2023; then $5k/month plus $4.845M additional payments from June 2024.
- Target bonus of 160% of salary for 2023, pro-rated through Dec 1, 2023; no bonus afterward.
- No equity grants after Aug 15, 2023; unvested equity as of Nov 30, 2023 canceled.
- Non-compete for 2 years, non-solicitation of employees for 1 year, customers for 2 years post-termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1091667/000109166723000119/0001091667-23-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1091667/000109166723000119/chtr-20230815.htm
  HTML page:      https://secwatch.observer/filing/0001091667-23-000119

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer