Form 4: WideOpenWest Executive Don Schena Receives Stock Grant

Don Schena, Chief Customer Experience Officer at WideOpenWest, received a grant of 11,619 shares of restricted stock on March 20, 2025.

Summary

• Don Schena, Chief Customer Experience Officer at WideOpenWest, received a grant of 11,619 shares of restricted stock on March 20, 2025.
• The shares will vest in four equal annual installments, starting on the first anniversary of the grant date, subject to certain conditions.
• Following the transaction, Schena's total holdings include 288,032 shares.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, which is generally viewed neutrally to positively as it aligns management and shareholder interests.

Positives

• The grant of restricted stock aligns the executive's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the executive.

Risks

• The vesting of the shares is subject to certain conditions, which are not specified in the document.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

Stock grants are a common form of executive compensation in the telecommunications industry, aligning management's interests with those of shareholders.

Comparison to Industry Standards

• Stock grants are a typical component of executive compensation packages in publicly traded companies, particularly in the technology and telecommunications sectors.
• Companies like Comcast, Charter Communications, and Verizon also utilize stock grants as part of their executive compensation plans to incentivize performance and retain key personnel.
• The size and vesting schedule of the grant are generally benchmarked against industry peers to ensure competitiveness.

Stakeholder Impact

• Shareholders may view the stock grant positively as it incentivizes the executive to improve company performance.
• Employees may see the grant as a sign of the company's commitment to its leadership.

Key Dates

Keywords

WideOpenWest, WOW, Don Schena, restricted stock, stock grant, beneficial ownership, Form 4, Chief Customer Experience Officer, vesting