Form 4: WideOpenWest Director Jeffrey Marcus Receives Restricted Stock Grant

Director Jeffrey Marcus of WideOpenWest, Inc. received a grant of 24,625 shares of restricted stock on May 9, 2024, which will vest on the first anniversary of the grant date.

Summary

• On May 9, 2024, Jeffrey Marcus, a director of WideOpenWest, Inc., was granted 24,625 shares of restricted stock.
• These shares will vest in a single installment on the first anniversary of the grant date, subject to certain conditions.
• Following this transaction, Marcus beneficially owns 98,443 shares of WideOpenWest, Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of a stock grant, which is neither particularly positive nor negative on its own.

Positives

• The grant of restricted stock to a director aligns their interests with those of the shareholders, incentivizing them to work towards the company's long-term success.

Risks

• The vesting of the restricted stock is subject to certain conditions, which are not specified in the document, creating uncertainty regarding the actual realization of the shares.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the restricted stock.

Industry Context

Stock grants to directors are a common practice in publicly traded companies to align management's interests with those of shareholders.

Comparison to Industry Standards

• Stock grants are a typical component of director compensation packages in publicly traded companies.
• The size of the grant (24,625 shares) would need to be compared to grants given to directors at comparable companies in the telecommunications or cable industry to assess its relative value.
• Companies like Comcast, Charter Communications, and Altice USA could be used as benchmarks for comparison.

Stakeholder Impact

• The stock grant could have a slightly positive impact on shareholders by aligning the director's interests with theirs.

Key Dates