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  4. [144] Optimum Communications, Inc. SEC Filing

Michael Olsen (ATUS) reports $453K from 290,000 Class A share sales

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

The filing reports a Form 144 notice for Class A common shares associated with Michael Olsen. The filing lists three dispositions: 250,000 shares on 02/17/2026 for $400,080.79, 20,000 shares on 03/02/2026 for $28,000.00, and 20,000 shares on 04/01/2026 for $25,800.00. The record also lists restricted stock vesting events of 5,591 shares dated 12/29/2022 and 14,409 shares dated 12/29/2023.

Positive

  • None.

Negative

  • None.

Insights

Routine Form 144 reporting of insider sales; documented dates and proceeds.

The excerpt lists specific sale dates, share counts, and gross proceeds for Michael Olsen. These entries document reported dispositions of Class A shares under Rule 144 reporting procedures and include prior restricted‑stock vesting quantities.

Because this is an administrative resale disclosure, the filing itself does not state motivations or trading-plan status; subsequent filings may show additional context such as Rule 10b5-1 plans or net holdings.

Sale - 02/17/2026 250,000 shares proceeds <money>$400,080.79</money>
Sale - 03/02/2026 20,000 shares proceeds <money>$28,000.00</money>
Sale - 04/01/2026 20,000 shares proceeds <money>$25,800.00</money>
Restricted stock vested 2022 5,591 shares vesting date <date>12/29/2022</date>
Restricted stock vested 2023 14,409 shares vesting date <date>12/29/2023</date>
Form 144 regulatory
"Form 144 notice for Class A shares and reported dispositions"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Vesting financial
"Restricted Stock Vesting entries dated 12/29/2022 and 12/29/2023"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Class A market
"Class A securities to be sold and sold during the past 3 months"
Class A denotes a specific group of a company’s shares that carry a particular set of rights—most commonly different voting power or dividend priority compared with other share classes. Think of it like different seats on a bus where some seats let you steer and others only ride: knowing whether a share is Class A tells investors how much influence they have over company decisions and how returns might be distributed, which affects control and value.

FAQ

What does the ATUS Form 144 report show?
The Form 144 discloses Michael Olsen's reported sales of Class A shares: 250,000 shares on 02/17/2026 for $400,080.79, 20,000 shares on 03/02/2026 for $28,000.00, and 20,000 shares on 04/01/2026 for $25,800.00.

Did the filing list any restricted shares tied to ATUS?
Yes. The notice lists restricted stock vesting entries of 5,591 shares vested on 12/29/2022 and 14,409 shares vested on 12/29/2023 as securities referenced in the filing.

Who is the reporting person named in the ATUS Form 144?
The reporting person named is Michael Olsen, with an address shown as 1 Court Square West, Long Island City, NY 11101, associated with the reported Class A share dispositions.

Are the sale proceeds shown in the Form 144?
Yes. The filing lists gross proceeds for each reported sale: $400,080.79 for 250,000 shares, $28,000.00 for 20,000 shares, and $25,800.00 for 20,000 shares.

Does the Form 144 state whether sales were under a trading plan?
The provided excerpt does not state whether these transactions were executed under a Rule 10b5-1 trading plan or similar arrangement; the filing lists dates, share counts, and proceeds but not plan status.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

Source: View Original Filing on SEC EDGAR