Optimum Communications (NYSE: ATUS) director reports 217K share sale
Rhea-AI Filing Summary
Optimum Communications, Inc. director Dexter Goei reported open‑market sales of Class A common stock over two days in early December 2025. On December 1, 2025, he sold 184,898 shares at a weighted average price of $1.9217 per share, with individual trades ranging from $1.90 to $1.9550. On December 2, 2025, he sold an additional 32,228 shares at a weighted average price of $1.90, with trades between $1.90 and $1.9050. Following these transactions, he beneficially owned 8,244,520 shares of Class A common stock, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 32,228 | $1.90 | $61K |
| Sale | Class A Common Stock | 184,898 | $1.9217 | $355K |
Footnotes (1)
- Represents the weighted average sale price of the shares sold on December 1, 2025, ranging from a low of $1.90 to a high of $1.9550 per share. The Reporting Person undertakes, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price. Represents the weighted average sale price of the shares sold on December 2, 2025, ranging from a low of $1.90 to a high of $1.9050 per share. The Reporting Person undertakes, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price.
FAQ
What insider transaction did ATUS director Dexter Goei report?
Dexter Goei, a director of Optimum Communications, Inc. (ATUS), reported selling Class A common stock in open‑market transactions on December 1 and 2, 2025.
What is the purpose of this Form 4 filing for ATUS?
This Form 4 discloses changes in the director’s beneficial ownership of Optimum Communications Class A common stock, as required for insiders under U.S. securities regulations.
Did the filing explain how the weighted average sale prices for ATUS were calculated?
Yes. The filing states that the prices reported for each day are weighted average sale prices over multiple trades within specified price ranges and that detailed trade‑by‑trade information will be provided upon request.