leadership
confidence high
sentiment neutral
materiality 0.55
Cable One COO Kenneth E. Johnson to step down May 1; remains as senior advisor until Jan 2027
Cable One, Inc.
- COO Kenneth E. Johnson transitions to senior advisor role from May 1, 2026 through Jan 3, 2027.
- Base salary drops from $492,000 to $246,000 during advisory period; severance includes 18-month salary lump sum.
- Accelerated vesting of pre-2026 equity awards; 2026 target bonus at current base salary to be paid.
- Departure not due to any disagreement with company operations, policies, or financial matters.
- Transition Agreement also requires compliance with Clawback Policy and other restrictive covenants.
item 5.02item 9.01