AI English summary of an SEC filing — figures as filed
Charter Communications CHTRThe company said Adam Ray will no longer serve as Executive Vice President, Chief Commercial Officer, effective October 12, 2026.
Key points
AI summaryThe company said Adam Ray will no longer serve as Executive Vice President, Chief Commercial Officer, effective October 12, 2026.
Charter Communications said Adam Ray will remain employed in a non-executive advisory role through December 31, 2026, the Departure Date.
The company said Adam Ray will receive severance and other benefits under his employment agreement for a termination without cause, along with vesting under the existing terms of his equity award agreements, subject to his execution of a separation and release agreement.
The company said that, in recognition of Adam Ray's 21 years of service, the portion of his time-vesting restricted stock units and time-vesting stock options that do not vest on a termination without cause will continue to vest over the original vesting period, and his vested stock options will remain exercisable until the earlier of 60 months after the later of the Departure Date and the applicable vesting date, or the option's expiration date, subject to a separation and release agreement.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Adam Ray to Leave Chief Commercial Officer Role
The company said Adam Ray will no longer serve as Executive Vice President, Chief Commercial Officer, effective October 12, 2026.
Source · Based on the filing body and exhibits
Advisory Role Through December 31, 2026
Charter Communications said Adam Ray will remain employed in a non-executive advisory role through December 31, 2026, the Departure Date.
Source · Based on the filing body and exhibits
Severance, Benefits and Equity Vesting Under Employment Agreement
The company said Adam Ray will receive severance and other benefits under his employment agreement for a termination without cause, along with vesting under the existing terms of his equity award agreements, subject to his execution of a separation and release agreement.
Source · Based on the filing body and exhibits
Additional Vesting and Option Exercise Period Based on 21 Years of Service
The company said that, in recognition of Adam Ray's 21 years of service, the portion of his time-vesting restricted stock units and time-vesting stock options that do not vest on a termination without cause will continue to vest over the original vesting period, and his vested stock options will remain exercisable until the earlier of 60 months after the later of the Departure Date and the applicable vesting date, or the option's expiration date, subject to a separation and release agreement.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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