Form 4: WideOpenWest CEO Teresa Elder Receives Stock Grant

Sentiment:

SEC Form 4 Filing


Teresa L. Elder, CEO of WideOpenWest, Inc., reports the acquisition of 47,385 shares of restricted stock on March 20, 2025.

Summary

  • On March 20, 2025, Teresa L. Elder, the CEO of WideOpenWest, Inc. (WOW), acquired 47,385 shares of restricted stock.
  • These shares will vest in four equal annual installments, starting on the first anniversary of the grant date, contingent upon certain conditions.
  • Following this transaction, Elder directly owns 1,560,522 shares of WOW common stock.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, which is generally viewed neutrally to positively as it aligns management and shareholder interests.

Positives

  • The grant of restricted stock aligns the CEO's interests with those of the shareholders, incentivizing long-term performance.

Future Outlook

The restricted stock vests over four years, suggesting a commitment from the CEO to the company's long-term success.

Industry Context

Stock grants are a common form of executive compensation in the telecommunications industry, used to attract and retain talent and align management's interests with shareholder value.

Stakeholder Impact

  • Shareholders may view the stock grant positively as it incentivizes the CEO to improve company performance.

Next Steps

  • The restricted stock will vest in four equal annual installments, beginning on the first anniversary of the grant date.

Key Dates

DateDescription
03/20/2025Date of the transaction: Teresa L. Elder received a grant of 47,385 shares of restricted stock.
03/26/2025Date of report.

Keywords

WideOpenWest, WOW, Teresa L. Elder, restricted stock, stock grant, beneficial ownership, Form 4, CEO

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