4/A: Crestview Partners Reports Acquisition of WideOpenWest (WOW) Common Stock

Crestview Partners reports the acquisition of common stock in WideOpenWest (WOW) through restricted share awards and holdings across multiple entities.

Summary

• Crestview Partners III GP, L.P., along with affiliated entities and individuals, filed an amended Form 4 on May 12, 2025, reporting changes in beneficial ownership of WideOpenWest, Inc. (WOW) common stock.
• The report details the acquisition of 80,232 restricted shares of WOW common stock awarded to Barry S. Volpert, Daniel G. Kilpatrick, and Brian P. Cassidy under the company's 2017 Omnibus Incentive Plan.
• These restricted shares are scheduled to vest on May 8, 2026, subject to the terms of the plan and the applicable award agreement.
• The report also includes shares of common stock beneficially owned by Crestview W1 Holdings, L.P., Crestview W1 TE Holdings, LLC, Crestview W1 Co-Investors, LLC, and shares held by Crestview Advisors, L.L.C.
• As of the reported transaction, the total number of shares beneficially owned indirectly is 31,828,501.
• Crestview Partners III GP, L.P. may be deemed to have beneficial ownership of the shares held by the Crestview Funds and exercises voting and dispositive power over these shares through its investment committee.
• Volpert, Kilpatrick, and Cassidy, all directors of WOW, have assigned their rights to the restricted shares to Crestview Advisors, L.L.C.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a regulatory filing detailing stock transactions. The acquisition of shares by insiders could be interpreted as a positive signal, but it's not explicitly stated as such.

Positives

• The acquisition of restricted shares by key personnel and entities associated with Crestview Partners could be seen as a positive sign, indicating confidence in the future performance of WideOpenWest (WOW).

Future Outlook

The restricted shares are scheduled to vest on May 8, 2026, subject to the terms of the Plan and the applicable award agreement.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market regarding their investment activities.

Comparison to Industry Standards

• Form 4 filings are a standard regulatory requirement for publicly traded companies in the United States, ensuring transparency regarding insider transactions.
• Similar filings are made by insiders of companies like Comcast, Charter Communications, and Verizon to report changes in their ownership positions.

Stakeholder Impact

• The reported changes in beneficial ownership may influence investor perception of WideOpenWest (WOW).

Key Dates

Keywords

WideOpenWest, WOW, Crestview Partners, beneficial ownership, restricted shares, Form 4, investment, equity