Form 4: WideOpenWest Director Jill Bright Acquires Shares in Lieu of Fees

Sentiment:

SEC Form 4 Filing


Director Jill Bright acquired 3,451 shares of WideOpenWest, Inc. (WOW) common stock on April 1, 2024, in lieu of retainer and meeting fees.

Summary

  • On April 1, 2024, Jill Bright, a director of WideOpenWest, Inc. (WOW), acquired 3,451 shares of common stock.
  • The shares were received in lieu of retainer and meeting fees.
  • The price per share was $3.64.
  • Following the transaction, Ms. Bright directly owns 130,077 shares of WOW common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction, and the director's acquisition of shares in lieu of fees is a common practice.

Positives

  • The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Management Comments

  • The reporting person elected to receive shares of stock in lieu of retainer and meeting fees, which vested immediately on the date of grant.

Industry Context

This filing is a routine disclosure of a director's stock ownership change, which is common in publicly traded companies. It provides transparency to investors regarding the holdings of company insiders.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding the director's holdings.

Key Dates

DateDescription
04/01/2024Date of transaction: Jill Bright acquired 3,451 shares of WideOpenWest, Inc. common stock.
04/03/2024Date of signature on the Form 4 filing.

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