WideOpenWest CEO reports 20,000-share sale under 10b5-1 plan
Rhea-AI Filing Summary
Teresa L. Elder, who is listed as both Chief Executive Officer and a director of WideOpenWest, Inc. (WOW), reported a sale of common stock. On 10/01/2024 she disposed of 20,000 shares at a price of $5.12 per share. The filing shows she continues to beneficially own 1,535,787 shares following the transaction.
The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2023, and the Form 4 is signed by Ms. Elder on 09/03/2025. The document contains no additional financial results, disclosures or derivatives activity.
Positive
- Sale disclosed under a Rule 10b5-1 trading plan, which documents pre-established trading intent
- Continued large ownership: the reporting person retains 1,535,787 shares after the sale, showing substantial ongoing exposure
Negative
- Insider disposed of 20,000 shares, which is a reduction in insider holdings
- Filing lacks contextual financial information such as reasons for the sale beyond the 10b5-1 plan and contains no operational or earnings data
Insights
TL;DR: Routine insider sale under a 10b5-1 plan; not an earnings or operational disclosure.
The filing documents a single non-derivative disposition of 20,000 shares at $5.12, executed under a pre-established 10b5-1 plan dated Dec 13, 2023. Because the sale was preplanned and the insider retains a large position (1,535,787 shares), this report appears procedural rather than indicative of an immediate change in company fundamentals. No revenue, earnings or material corporate events are disclosed in this Form 4.
TL;DR: Governance-compliant disclosure; use of a 10b5-1 plan provides affirmative defense for timing.
The Form 4 properly discloses the officer/director status and reports the sale executed under a 10b5-1 plan, which helps demonstrate compliance with insider trading rules. The filing includes the insider's remaining beneficial ownership. There are no indications of related-party transactions or unexplained amendments in the provided content.