Was Michael Olsen’s Optimum Communications (ATUS) share sale under a Rule 10b5-1 plan?

Yes. The Form 4 footnote states that the sales were effected under a Rule 10b5-1 trading plan adopted by Michael Olsen on December 1, 2025. Such plans pre-schedule trades, helping insiders manage transactions while addressing potential concerns about trading on material nonpublic information.

Optimum Communications (ATUS) insider sale and RSU tax withholding

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Optimum Communications, Inc. General Counsel and CCRO Michael Olsen reported two transactions in Class A common stock. On March 2, 2026, he executed an open-market sale of 20,000 shares at $1.40 per share. On February 27, 2026, 236,496 shares were withheld to cover taxes upon vesting of restricted share units. After these transactions, he directly owned 1,239,781 shares. The sale was carried out under a pre-established Rule 10b5-1 trading plan adopted on December 1, 2025.

Insider Trade Summary

Net Seller: 20,000 shares ($28,000)

Net Sell 2 txns

Insider Olsen Michael

Role General Counsel and CCRO

Sold 20,000 shs ($28K)

Type	Security	Shares	Price	Value
Sale	Class A common stock	20,000	$1.40	$28K
Tax Withholding	Class A common stock	236,496	$1.42	$336K

Holdings After Transaction: Class A common stock — 1,239,781 shares (Direct)

Footnotes (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. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 1, 2025.

Form 4 Insider Transactions: What Each Field Means →

03/03/2026 - 07:02 PM

SEC Form 4

FORM 4

UNITED 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^*

Olsen Michael

(Last)

(First)

(Middle)

1 COURT SQUARE WEST

(Street)

LONG ISLAND CITY

11101

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Optimum Communications, Inc. [ OPTU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	General Counsel and CCRO

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A common stock	02/27/2026		F⁽¹⁾		236,496	D	$1.42	1,259,781	D
Class A common stock	03/02/2026		S⁽²⁾		20,000	D	$1.4	1,239,781	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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.

2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 1, 2025.

	/s/ Michael Olsen	03/03/2026
	** Signature of Reporting Person	Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Optimum Communications (ATUS) report for Michael Olsen?

Optimum Communications General Counsel Michael Olsen reported two transactions: an open-market sale of 20,000 Class A shares at $1.40, and withholding of 236,496 shares to cover taxes on vested restricted share units under the company’s 2017 Long Term Incentive Plan.

How many Optimum Communications (ATUS) shares did Michael Olsen sell and at what price?

Michael Olsen sold 20,000 shares of Optimum Communications Class A common stock in an open-market transaction at $1.40 per share. This sale was one component of his reported Form 4 activity for early 2026, alongside a larger tax-withholding transaction on vested equity.

Why were 236,496 Optimum Communications (ATUS) shares disposed of in Olsen’s Form 4?

The 236,496 shares were withheld to satisfy taxes when restricted share units vested under Optimum Communications’ 2017 Long Term Incentive Plan. This tax-withholding disposition is coded as an F transaction, reflecting payment of tax liability using shares rather than a cash payment.

How many Optimum Communications (ATUS) shares does Michael Olsen hold after these transactions?

Following the reported transactions, Michael Olsen directly holds 1,239,781 shares of Optimum Communications Class A common stock. This figure reflects his ownership after the February 27, 2026 tax withholding and the March 2, 2026 open-market sale of 20,000 shares reported on Form 4.