Form 4: WideOpenWest Director Jill Bright Acquires Shares in Lieu of Fees
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
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Jill Bright acquired 3,451 shares of WideOpenWest, Inc. common stock. |
| 04/03/2024 | Date of signature on the Form 4 filing. |
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