Form 4: WideOpenWest Director Jill Bright Acquires Shares in Lieu of Fees
SEC Form 4 Filing
Director Jill Bright acquired 2,420 shares of WideOpenWest, Inc. common stock on October 1, 2024, in lieu of retainer and meeting fees.
Summary
- On October 1, 2024, Jill Bright, a director of WideOpenWest, Inc. (WOW), acquired 2,420 shares of common stock.
- The shares were received in lieu of retainer and meeting fees.
- The price per share was $5.19.
- Following the transaction, Ms. Bright directly owns 159,514 shares of WOW common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment. The transaction is a routine part of director compensation and doesn't necessarily indicate a strong positive or negative outlook for the company.
Positives
- A director's decision to take shares in lieu of fees could be seen as a positive signal, indicating confidence in the company's future.
Industry Context
Directors receiving shares in lieu of fees is a fairly common practice, particularly 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 shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Jill Bright acquired 2,420 shares of WideOpenWest common stock. |
| 10/03/2024 | 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.