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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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.
How many Optimum Communications (ATUS) shares did Dexter Goei sell?
Dexter Goei sold 514,182 shares of Class A common stock on December 9, 2025, and 1,000,000 shares on December 10, 2025, as reported in the Form 4.
At what prices were the Optimum Communications (ATUS) shares sold?
The December 9, 2025 sale had a weighted average price of $1.7535 per share, with trades ranging from $1.74 to $1.785. The December 10, 2025 sale had a weighted average price of $1.7832 per share, with trades ranging from $1.75 to $1.83.
How many Optimum Communications (ATUS) shares does Dexter Goei still own after these sales?
Following the reported transactions, Dexter Goei beneficially owned 6,156,841 shares of Optimum Communications’ Class A common stock directly.
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.