WideOpenWest, Inc. (WOW) director reports 148,364 shares cashed out in merger
Rhea-AI Filing Summary
WideOpenWest, Inc. director reported the cash disposition of company stock in connection with the company’s go-private merger. On 12/31/2025, 148,364 shares of common stock were listed as disposed of at $5.20 per share, leaving the reporting person with zero directly owned shares. The filing explains that Bandit Merger Sub, Inc. merged into WideOpenWest, Inc., making it an indirect wholly owned subsidiary of Bandit Parent, LP. At the merger’s effective time, each outstanding share of common stock (with specified exceptions) was automatically converted into the right to receive $5.20 per share in cash, and the reporting person’s restricted stock awards fully vested and were cancelled in exchange for the same cash consideration per underlying share.
Positive
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Negative
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FAQ
What insider transaction did WOW report in this Form 4?
The filing shows a director of WideOpenWest, Inc. disposing of 148,364 shares of common stock on 12/31/2025, leaving the reporting person with zero directly owned shares.
At what price were WideOpenWest (WOW) shares converted in the merger?
Each issued and outstanding share of WideOpenWest common stock was automatically converted into the right to receive $5.20 per share in cash, without interest, subject to any required tax withholding.
What corporate transaction affected the director’s WOW shareholding?
The transaction was the merger of Bandit Merger Sub, Inc. with and into WideOpenWest, Inc., after which WideOpenWest continued as an indirect wholly owned subsidiary of Bandit Parent, LP.
How were WideOpenWest restricted stock awards treated in the merger?
At the effective time of the merger, each outstanding restricted stock award (RSA) held by the reporting person fully vested, was cancelled, and converted into the right to receive the $5.20 per share cash merger consideration for each underlying share.
Did all WideOpenWest (WOW) shares receive the $5.20 cash consideration?
Each issued and outstanding share of common stock received $5.20 per share in cash, except for shares held as treasury stock or by Parent or Merger Sub, shares contributed to Parent by certain rollover stockholders, and shares held by holders properly exercising appraisal rights, all of which were treated as described in the merger agreement.
What is the reporting person’s relationship to WideOpenWest, Inc. in this filing?
The reporting person is identified as a Director of WideOpenWest, Inc. and filed the Form 4 as a single reporting person.