Form 4: Jose Segrera Receives Restricted Stock Grant from WideOpenWest, Inc.
SEC Form 4
Director Jose Segrera received a grant of 24,625 shares of restricted stock from WideOpenWest, Inc. on May 9, 2024, vesting in one year.
Summary
- On May 9, 2024, Jose Segrera, a director of WideOpenWest, Inc., received a grant of 24,625 shares of restricted stock.
- The restricted stock will vest in a single installment on the first anniversary of the grant date, subject to certain conditions.
Sentiment
Score: 7
Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. The sentiment is neutral to positive.
Positives
- The grant of restricted stock to a director aligns their interests with the long-term performance of the company.
Risks
- The vesting of the restricted stock is subject to certain conditions, which if not met, could result in the forfeiture of the shares.
Future Outlook
The document does not contain specific forward-looking statements beyond the vesting schedule of the restricted stock.
Industry Context
Stock grants are a common form of executive compensation in the telecommunications industry, aligning management's interests with shareholder value.
Stakeholder Impact
- The stock grant aligns the director's interests with those of the shareholders, potentially encouraging decisions that benefit the company's long-term value.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of the restricted stock grant. |
| 05/09/2025 | Vesting date of the restricted stock (one year after grant date). |
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