WideOpenWest (WOW) CTO exits 202,834 shares in $5.20-per-share cash merger
Rhea-AI Filing Summary
WideOpenWest, Inc. disclosed an insider stock transaction by its Chief Technology Officer in connection with the company’s merger with Bandit Parent, LP. On December 29, 2025, the compensation committee determined that performance-based restricted stock units granted in 2023, 2024 and 2025 were earned in the amount of 77,856 common shares, which were acquired at a price of
At the merger’s effective time on December 31, 2025, each outstanding share of Company common stock was automatically converted into the right to receive
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FAQ
What insider transaction did WideOpenWest (WOW) report for its CTO?
The Chief Technology Officer of WideOpenWest, Inc. reported acquiring 77,856 common shares on December 29, 2025 from earned performance-based restricted stock units and then disposing of 202,834 common shares at
How were WideOpenWest (WOW) shares treated in the Bandit Parent merger?
At the merger’s effective time on December 31, 2025, each issued and outstanding share of WideOpenWest common stock (with specified exceptions) was automatically converted into the right to receive
What happened to WideOpenWest (WOW) performance-based restricted stock units and RSAs in the merger?
The compensation committee determined on December 29, 2025 that performance-based restricted stock units granted in 2023, 2024 and 2025 were earned in the amount reported. At the effective time of the merger, each outstanding restricted stock award and PSU was cancelled and converted into either the right to receive the
What is the merger agreement referenced in the WideOpenWest (WOW) Form 4?
The transaction relates to an Agreement and Plan of Merger dated August 11, 2025 among WideOpenWest, Inc., Bandit Parent, LP and Bandit Merger Sub, Inc., under which Merger Sub merged into WideOpenWest on December 31, 2025, leaving WideOpenWest as an indirect wholly owned subsidiary of Bandit Parent.
Did the WideOpenWest (WOW) CTO retain any common shares after the merger transaction?
No. Following the reported disposition of 202,834 common shares at
What cash consideration did WideOpenWest (WOW) shareholders receive in the merger?
Each eligible share of WideOpenWest common stock was converted into the right to receive