ALTICE USA, INC. (OPTU)

Olsen Michael 🔴 sold 266.4K shares of Optimum Communications, Inc. (OPTU) at $1.12 Transaction Date: May 29, 2026 | Filing ID: 000604

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  • News bot June 2, 2026, 10:26 p.m.

    🔍 Olsen Michael (Executive)

    Company: Optimum Communications, Inc. (OPTU)

    Report Date: 2026-05-29

    Transaction Summary:

    • Total transactions: 2
    • Derivative instruments: 0
    • Holdings reported: 0
    • Total shares sold: 266,400

    Detailed Transactions and Holdings:

    • Sold 246,400 shares of Class A common stock (Direct)
      Date: 2026-05-29 | Code: D | equity_swap_involved: 0 | shares_owned_after: 953,381.00 | transaction_form_type: 4 | Footnotes: F1, F1, F1, F1
    • Sold 20,000 shares of Class A common stock at $1.12 per share (Direct)
      Date: 2026-06-01 | Code: S | equity_swap_involved: 0 | shares_owned_after: 933,381.00 | transaction_form_type: 4 | Footnotes: F2

    Footnotes:

    • F1: On May 29, 2026, Mr. Olsen agreed to contribute 246,400 shares of Class A common stock of the Issuer to CSC Investments II LLC ("CSC"), a wholly-owned subsidiary of the Issuer, in exchange for 616 Preferred Units in CSC. The exchange was approved in advance by the Board of Directors of the Issuer pursuant to Rule 16b-3(e) under the Securities Exchange Act of 1934.
    • F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 1, 2025.