Form 4: WideOpenWest CEO Teresa Elder Reports Stock Disposals for Tax Obligations

CEO Teresa Elder reports disposals of WideOpenWest (WOW) common stock to cover tax withholding obligations upon vesting of restricted stock.

Summary

• Teresa L. Elder, CEO of WideOpenWest, Inc. (WOW), reported the disposal of common stock to cover tax withholding obligations.
• On March 2, 2024, 12,015 shares were disposed of at a price of $3.86.
• On March 3, 2024, 14,518 shares were disposed of at a price of $3.86.
• On March 11, 2024, 47,137 shares were disposed of at a price of $3.51.
• Following these transactions, Elder directly owns 1,595,195 shares of WOW common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the transactions are related to tax obligations, which is a normal course of business. There is no indication of positive or negative sentiment regarding the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

• The stock disposals could have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the relatively small number of shares involved compared to the total outstanding shares.

Key Dates