Form 4: WOW Director Phil Seskin Acquires 2,500 Shares in Lieu of Fees
SEC Form 4 Filing
Director Phil Seskin acquired 2,500 shares of WideOpenWest, Inc. (WOW) common stock on July 1, 2024, in lieu of retainer and meeting fees.
Summary
- On July 1, 2024, Phil Seskin, a director of WideOpenWest, Inc. (WOW), acquired 2,500 shares of common stock.
- The shares were received in lieu of retainer and meeting fees.
- The price per share was $5.25.
- Following the transaction, Seskin directly owns 141,967 shares of WOW common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document reports a routine transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Positives
- Director's acquisition of shares may signal confidence in the company's prospects.
Industry Context
Directors receiving shares in lieu of fees is a common practice, especially for smaller companies, to conserve cash.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it slightly increases the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Phil Seskin acquired 2,500 shares of WOW common stock. |
| 07/02/2024 | Date of signature on the Form 4 filing. |
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