Form 4: WideOpenWest Executive Don Schena Receives Stock Grant
SEC Form 4 Filing
Don Schena, Chief Customer Experience Officer at WideOpenWest, received a grant of 14,858 shares of restricted stock on April 10, 2024.
Summary
- Don Schena, Chief Customer Experience Officer at WideOpenWest, received a grant of 14,858 shares of restricted stock on April 10, 2024.
- The shares will vest in four equal annual installments, starting on the first anniversary of the grant date, subject to certain conditions.
Sentiment
Score: 7
Explanation: The document indicates a standard executive compensation practice, suggesting stability and alignment of interests. It's a neutral to slightly positive event.
Positives
- The grant of restricted stock aligns the executive's interests with those of the shareholders.
Future Outlook
The vesting schedule suggests a commitment from the executive for at least four years.
Industry Context
Stock grants are a common form of executive compensation in the telecommunications industry, used to incentivize performance and retain key personnel.
Stakeholder Impact
- Shareholders may view the stock grant positively as it aligns management's interests with the company's long-term performance.
- Employees may see this as a positive sign of the company investing in its leadership.
Key Dates
| Date | Description |
|---|---|
| 04/10/2024 | Date of stock grant to Don Schena |
| 04/12/2024 | Date of signature on the Form 4 filing |
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