WOW! Proxy Statement Details Employee Rewards Post-Closing
| Field | Detail |
|---|---|
| Company | Wideopenwest, Inc. |
| Form Type | DEFA14A |
| Filed Date | Aug 18, 2025 |
| Risk Level | low |
| Pages | 14 |
| Reading Time | 16 min |
| Key Dollar Amounts | $5.20 |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, employee-compensation, corporate-event
TL;DR
WOW! proxy filing shows employee compensation changes after a deal closed.
AI Summary
WideOpenWest, Inc. (WOW) filed a DEFA14A on August 18, 2025, related to employee compensation and total rewards following a closing event. Communications were issued to employees on August 15, 2025, detailing these changes.
Why It Matters
This filing provides insight into how WideOpenWest is structuring employee compensation and benefits following a significant corporate event, which can impact employee morale and retention.
Risk Assessment
Risk Level: low — This is a routine proxy filing detailing employee compensation and rewards, not indicating immediate financial distress or significant strategic shifts.
Key Players & Entities
- WideOpenWest, Inc. (company) — Registrant
- 0001701051 (company) — Central Index Key for WideOpenWest, Inc.
- August 15, 2025 (date) — Date communications were issued to employees
- August 18, 2025 (date) — Filing date of the DEFA14A
FAQ
What is the purpose of this DEFA14A filing?
The purpose of this DEFA14A filing is to provide information regarding employee compensation and total rewards following a closing event, with communications issued to employees on August 15, 2025.
Who is the filing company?
The filing company is WideOpenWest, Inc., with Central Index Key 0001701051.
When were the employee communications issued?
The communications regarding employment and total rewards were issued to certain of WOW!'s employees on August 15, 2025.
What is the filing date of this document?
This DEFA14A filing was made on August 18, 2025.
What is the subject of the employee communications?
The subject of the employee communications is 'Employment and Total Rewards Details Following Closing'.
Filing Stats: 4,104 words · 16 min read · ~14 pages · Grade level 12.2 · Accepted 2025-08-15 18:09:18
Key Financial Figures
- $5.20 — deal based on the acquisition price of $5.20 per share. Restricted Share Awards*
Filing Documents
- tm2523141d8_defa14a.htm (DEFA14A) — 79KB
- tm2523141d8_defa14aimg001.jpg (GRAPHIC) — 5KB
- 0001104659-25-079345.txt ( ) — 87KB
From the Filing
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to § 240.14a-12 WideOpenWest, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. The following communications were issued to certain of WOW!'s employees on August 15, 2025. DATE: August 15, 2025 Total Rewards Details Following Closing We are excited to provide you with additional details regarding the Total Rewards offerings that DigitalBridge and Crestview have committed to maintain after the close of the acquisition, which is currently expected to occur before or within the first quarter of 2026. I understand you may still be processing the news of DigitalBridge and Crestview acquiring WOW! and I want to reassure you the deal provides us all with a lot of opportunities. This transaction is an important step toward fulfilling our vision for growth and for evolving the business. One of the reasons DigitalBridge and Crestview were attracted to WOW! is because we have some of the most talented employees in the business, and employee retention is important to them. The merger agreement includes the following provisions that will take effect when the deal closes*: · Your base salary or wage rate and target cash incentive opportunity will not be decreased for 12 months after the deal close date · Other compensation (excluding equity but including commissions) and benefits (medical, dental, vision, short- and long- term disability, 401K, and all other ancillary benefits) will remain substantially comparable in the aggregate for 12 months after the deal close date · Your years of employment (hire date) at WOW! will remain in place · If your employment is terminated without cause within 12 months after the deal close date, you will receive a generous severance package based on your job title, details of which will be provided at a later date We are working with the leaders at DigitalBridge and Crestview to make this transition as seamless as possible. We will continue to update you as frequently as possible. An email specific to what this transaction means for WOW! stock you may own and equity awards you may hold is forthcoming. Meantime, please check The Gig regularly or direct questions to your manager, your HR business partner or to WOWPeople@wowinc.com. Regards, Leslie Peabody SVP and Chief People Officer *This email contains a summary only of salient points of the Merger Agreement with DigitalBridge and Crestview related to employee matters. In the event of any inconsistency between this summary and the Merger Agreement, the terms contained within the Merger Agreement will control. DATE: August 15, 2025 In follow up to Monday’s announcement of the acquisition and take private agreement between WOW! and DigitalBridge/Crestview, we want to provide a few details about how your vested and unvested WOW! Stock and restricted share awards will be treated as part of this transaction. Vested Shares* · You will be entitled to receive a cash payment in respect of all vested shares after the closing of the deal based on the acquisition price of $5.20 per share. Restricted Share Awards* Assuming the closing occurs on or before February 12, 2026 (i.e., the date that is six months and one day after the date of the signing of the merger agreement), then: · Unvested restricted share awards granted in 2023 and 2024 that would have vested on or before April 30, 2026, immediately vest and you will receive a cash payment in respect of those awards based on the acquisition price shortly after the close date of the deal. · All other unvested restricted share awards (including all restricted share awards granted in calendar year 2025) will convert into cash awards based on the acquisition price and be paid according to the vesting schedule in place prior to the close date, subject to your continued employment through each applicable vesting date (unless you experience an earlier qualifying termination of employment). Tax Treatment · Cash payments will be subject to standard tax withholding and reported on your W-2 · We recommend you consult a tax advisor to understand implications for your situation STIP · The STI