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Optimum Communications (NASDAQ: OPTU) CAO has RSU tax shares withheld

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Optimum Communications, Inc. Chief Accounting Officer Maria Bruzzese reported a tax-withholding disposition involving 5,914 shares of Class A common stock at $1.29 per share. These shares were withheld to cover taxes upon the vesting of restricted share units granted under the company’s 2017 Long Term Incentive Plan. After this non-market transaction, she directly holds 450,658 shares.

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Insider Bruzzese Maria
Role Chief Accounting Officer
Type Security Shares Price Value
Tax Withholding Class A common stock 5,914 $1.29 $8K
Holdings After Transaction: Class A common stock — 450,658 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 5,914 shares Class A common stock withheld for RSU tax obligations
Withholding price per share $1.29 per share Valuation used for tax-withholding disposition
Shares held after transaction 450,658 shares Direct Class A common stock ownership after withholding
Transaction code F Payment of tax liability by delivering securities
restricted share units financial
"withheld for taxes upon the vesting of restricted share units granted"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
2017 Long Term Incentive Plan financial
"granted pursuant to the Optimum Communications, Inc. ... 2017 Long Term Incentive Plan"
Class A common stock financial
"Represents shares of the Issuer's Class A common stock withheld for taxes"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bruzzese Maria

(Last)(First)(Middle)
1 COURT SQUARE WEST

(Street)
LONG ISLAND CITY NEW YORK 11101

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Optimum Communications, Inc. [ OPTU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A common stock04/08/2026F(1)5,914D$1.29450,658D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of the Issuer's Class A common stock withheld for taxes upon the vesting of restricted share units granted pursuant to the Optimum Communications, Inc. (f/k/a Altice USA, Inc.) 2017 Long Term Incentive Plan, as amended.
/s/ Maria Bruzzese04/10/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Optimum Communications (OPTU) report for Maria Bruzzese?

Optimum Communications reported that Chief Accounting Officer Maria Bruzzese had 5,914 Class A common shares withheld at $1.29 per share. The shares covered taxes due on vesting restricted share units granted under the 2017 Long Term Incentive Plan.

Was the Optimum Communications (OPTU) Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy tax obligations triggered when restricted share units vested under the 2017 Long Term Incentive Plan.

How many Optimum Communications (OPTU) shares does Maria Bruzzese hold after the transaction?

After the tax-withholding disposition, Maria Bruzzese directly holds 450,658 shares of Optimum Communications Class A common stock. This position reflects her remaining equity stake following the withholding of 5,914 shares for tax obligations tied to RSU vesting.

What price per share was used for the Optimum Communications (OPTU) tax withholding?

The tax-withholding disposition used a price of $1.29 per share for 5,914 Class A common shares. This price is shown in the Form 4 and is used only to value shares withheld to cover the reporting officer’s tax liability on vested RSUs.

What plan governed the restricted share units in the Optimum Communications (OPTU) filing?

The restricted share units vested under the Optimum Communications, Inc. (formerly Altice USA, Inc.) 2017 Long Term Incentive Plan, as amended. This plan provides equity-based awards such as RSUs, and the Form 4 notes that shares were withheld for related tax obligations.