Form 4: WideOpenWest Director Gunjan Bhow Acquires 4,000 Shares in Lieu of Fees
SEC Form 4
Director Gunjan Bhow acquired 4,000 shares of WideOpenWest, Inc. (WOW) common stock on July 1, 2024, in lieu of retainer and meeting fees.
Summary
- On July 1, 2024, Gunjan Bhow, a director of WideOpenWest, Inc. (WOW), acquired 4,000 shares of common stock.
- The shares were received in lieu of retainer and meeting fees at a price of $5.25 per share.
- Following the transaction, Bhow directly owns 99,904 shares of WOW common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction of a director receiving shares in lieu of fees. It doesn't indicate any major positive or negative outlook for the company.
Positives
- Director's acquisition of shares may signal confidence in the company.
Industry Context
Directors receiving shares in lieu of fees is a fairly common practice, especially in smaller companies, to conserve cash.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Gunjan Bhow acquired 4,000 shares of WOW common stock. |
| 07/02/2024 | Date of signature on the Form 4 filing. |
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