Charter Communications Inc. has entered into a new employment agreement with Adam Ray, its Executive Vice President and Chief Commercial Officer, effective January 19, 2026, for a term ending January 19, 2028. Under the agreement, Mr. Ray will receive an annual base salary of at least $750,000 and a target annual cash bonus opportunity equal to 160% of his base salary. Starting in 2027, he will be granted equity awards with a minimum grant date fair value of $4,250,000 per year, consisting of a mix of options and restricted stock units. Additionally, on January 20, 2026, Mr. Ray received a top up equity award valued at $500,000, which will vest after three years, subject to continued employment. If his employment is terminated without cause or for good reason, Mr. Ray is entitled to a severance package including two times the sum of his base salary and target bonus, 24 months of COBRA coverage, and up to 12 months of executive outplacement services.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Charter Communications Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001091667-26-000006), on January 22, 2026, and is solely responsible for the information contained therein.
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