Optimum Communications (NYSE: ATUS) director sells over 1.5M Class A shares
Rhea-AI Filing Summary
Optimum Communications, Inc. director reports sizable stock sales. Director Dexter Goei disclosed open-market sales of the company’s Class A common stock on two consecutive days in December 2025. On December 9, he sold 514,182 shares at a weighted average price of $1.7535 per share. On December 10, he sold an additional 1,000,000 shares at a weighted average price of $1.7832 per share.
After these transactions, Goei beneficially owned 6,156,841 shares of Class A common stock directly. The filing notes that the reported prices are weighted averages across multiple trades within stated price ranges, and that full breakdowns by individual trade price are available upon request to the company, the Securities and Exchange Commission, or a security holder.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,000,000 | $1.7832 | $1.78M |
| Sale | Class A Common Stock | 514,182 | $1.7535 | $902K |
Footnotes (1)
- Represents the weighted average sale price of the shares sold on December 9, 2025, ranging from a low of $1.74 to a high of $1.785 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 10, 2025, ranging from a low of $1.75 to a high of $1.83 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 Optimum Communications (ATUS) disclose?
The company reported that director Dexter Goei sold shares of Optimum Communications’ Class A common stock in two open-market transactions on December 9, 2025 and December 10, 2025.
What type of security was involved in the Optimum Communications (ATUS) insider trades?
The transactions involved Class A common stock of Optimum Communications, Inc., as listed in Table I of the Form 4.
Does the Optimum Communications (ATUS) Form 4 provide detailed trade price information?
The filing provides weighted average sale prices and price ranges for each trading day. It also states that full information on the number of shares sold at each separate price is available upon request from the company, the SEC staff, or a security holder.