Form 4: WideOpenWest CEO Teresa Elder Receives Stock Grant
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
| Date | Description |
|---|---|
| 03/20/2025 | Date of the transaction: Teresa L. Elder received a grant of 47,385 shares of restricted stock. |
| 03/26/2025 | Date of report. |
Keywords
WideOpenWest, WOW, Teresa L. Elder, restricted stock, stock grant, beneficial ownership, Form 4, CEO
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