Form 4: WideOpenWest Executive Don Schena Reports Stock Disposals for Tax Obligations

Sentiment:

SEC Form 4 Filing


Don Schena, Chief Customer Experience Officer at WideOpenWest, Inc., reports the disposal of common stock to cover tax withholding obligations upon vesting of restricted stock.

Summary

  • On March 2, 2024, Don Schena disposed of 3,065 shares of WideOpenWest (WOW) common stock at a price of $3.86 per share to cover tax obligations.
  • Following this transaction, Schena directly owned 292,633 shares of WOW common stock.
  • On March 3, 2024, Schena disposed of 3,015 shares of WideOpenWest (WOW) common stock at a price of $3.86 per share to cover tax obligations, resulting in direct ownership of 289,618 shares.
  • On March 11, 2024, Schena disposed of 8,063 shares of WideOpenWest (WOW) common stock at a price of $3.51 per share to cover tax obligations, resulting in direct ownership of 281,555 shares.

Sentiment

Score: 5

Explanation: This is a routine filing related to tax obligations, and doesn't necessarily indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

  • The disposal of shares by an executive could be perceived negatively by some shareholders, although it is a common practice for covering tax obligations.

Key Dates

DateDescription
03/02/2024Disposal of 3,065 shares of common stock at $3.86.
03/03/2024Disposal of 3,015 shares of common stock at $3.86.
03/11/2024Disposal of 8,063 shares of common stock at $3.51.
03/25/2024Date of signature for the Form 4 filing.

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