Form 4: WideOpenWest Director Jill Bright Receives Restricted Stock Grant
SEC Form 4 Filing
Director Jill Bright received a grant of 24,625 shares of restricted stock in WideOpenWest, Inc.
Summary
- On May 9, 2024, Jill Bright, a director of WideOpenWest, Inc., received a grant of 24,625 shares of restricted stock.
- These shares will vest in one installment on the first anniversary of the grant date, subject to certain conditions.
- Following the transaction, Bright directly owns 154,702 shares of WideOpenWest common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine executive compensation event, which is generally viewed neutrally to positively as it incentivizes management.
Positives
- The grant of restricted stock aligns the director's interests with the long-term performance of the company.
- The vesting schedule encourages continued service and contribution to WideOpenWest.
Future Outlook
The restricted stock grant suggests an expectation of continued service and contribution from the director.
Industry Context
Grants of restricted stock are a common form of executive compensation in publicly traded companies, aligning management's interests with those of shareholders.
Stakeholder Impact
- Shareholders may view the grant positively as it aligns the director's interests with the company's long-term success.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of the restricted stock grant to Jill Bright. |
| 05/13/2024 | Date of signature on the SEC Form 4 filing. |
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