WOW Form 4: Director increases stake to 148,364 shares
Rhea-AI Filing Summary
WideOpenWest, Inc. director Gunjan Bhow reported acquiring 4,069 shares of Common Stock on 10/01/2025 at a reported price of $5.16 per share. After the transaction, the reporting person beneficially owns 148,364 shares. The filing states these shares were elected in lieu of a retainer and meeting fees and vested immediately on the date of grant. The Form 4 was filed on 10/02/2025 by power of attorney. The report indicates a director purchase via compensation election rather than an open-market cash purchase, increasing the director's direct stake in the company.
Positive
- Director alignment: Acquisition of 4,069 shares increases director's stake to 148,364 shares
- Immediate vesting: Shares "vested immediately on the date of grant," removing vesting uncertainty
Negative
- None.
Insights
Director received 4,069 shares in lieu of fees, immediately vested.
The filing shows a director-level equity grant converted to 4,069 shares at $5.16 on 10/01/2025, increasing direct beneficial ownership to 148,364 shares. Because the shares were elected in lieu of cash retainer and vested immediately, there is no vesting schedule risk for this tranche.
This is a compensation-to-equity election rather than an open-market buy; it signals alignment through equity but does not reflect personal cash investment.
FAQ
What transaction did WideOpenWest (WOW) director Gunjan Bhow report?
How many shares does Gunjan Bhow beneficially own after the reported Form 4?
Why were the shares issued to the reporting person?
Did the reported shares have a vesting schedule?
When was the Form 4 filed for this transaction?