Form 4: WideOpenWest Director Jill Bright Receives Restricted Stock Grant
SEC Form 4 Filing
Jill Bright, a director at WideOpenWest, Inc., was granted 26,744 shares of restricted stock on May 8, 2025, which will vest on the first anniversary of the grant date.
Summary
- On May 8, 2025, Jill Bright, a director of WideOpenWest, Inc., received a grant of 26,744 shares of restricted stock.
- The restricted stock will vest in one installment on the first anniversary of the grant date, subject to certain conditions.
- Following the transaction, Ms. Bright beneficially owns 191,360 shares of WideOpenWest, Inc. common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (stock grant) and doesn't contain any alarming or negative information. It's a neutral event with a slightly positive sentiment due to aligning director interests with shareholders.
Positives
- The grant of restricted stock to a director aligns her interests with those of the shareholders.
Future Outlook
The restricted stock will vest in one installment on the first anniversary of the grant date, subject to certain conditions.
Industry Context
Grants of restricted stock are a common form of executive compensation in the telecommunications industry, aligning management's interests with those of shareholders.
Comparison to Industry Standards
- Restricted stock grants are a typical component of executive compensation packages across various industries, including telecommunications.
- The size of the grant is likely determined based on factors such as the director's role, company performance, and industry benchmarks for director compensation.
- Companies like Comcast, Charter Communications, and Verizon also utilize stock-based compensation to incentivize their directors and executives.
Stakeholder Impact
- The grant of restricted stock aligns the director's interests with those of the shareholders, potentially encouraging decisions that benefit the company's long-term value.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date of restricted stock grant to Jill Bright |
| 05/12/2025 | Date of Form 4 filing |
Keywords
WideOpenWest, WOW, Jill Bright, restricted stock, director, beneficial ownership, Form 4, SEC
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