Form 4: WideOpenWest Director Gunjan Bhow Acquires Shares in Lieu of Fees
SEC Form 4 Filing
Director Gunjan Bhow acquired 4,338 shares of WideOpenWest, Inc. (WOW) common stock on January 2, 2025, in lieu of retainer and meeting fees.
Summary
- On January 2, 2025, Gunjan Bhow, a director of WideOpenWest, Inc. (WOW), acquired 4,338 shares of common stock.
- The shares were received in lieu of retainer and meeting fees.
- The price per share was $4.96.
- Following the transaction, Bhow directly owns 108,288 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 development for the company.
Positives
- The director's decision to take shares in lieu of fees demonstrates confidence in the company's future.
Industry Context
Directors receiving shares in lieu of fees is a fairly common practice, especially in smaller companies or those looking to conserve cash. It aligns the director's interests with those of the shareholders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard compensation practice.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of transaction: Gunjan Bhow acquired 4,338 shares of WideOpenWest common stock. |
| 01/06/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.