Optimum Communications (ATUS) counsel sells 250,000 company shares

Rhea-AI Filing Summary

Optimum Communications General Counsel and CCRO Michael Olsen reported an open-market sale of 250,000 shares of Class A common stock on February 17, 2026 at a weighted average price of $1.60 per share, within a price range of $1.60–$1.61. After this transaction, he directly owns 1,496,277 shares of Optimum Communications Class A common stock.

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

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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 NY 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)
02/17/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A common stock	02/17/2026		S		250,000	D	$1.6(1)	1,496,277	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the weighted average price of the Class A common stock sold on February 17, 2026, ranging from a low of $1.60 to a high of $1.61 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 purchased at each separate price.

	/s/ Michael Olsen	02/19/2026
	** 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.
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FAQ

What insider transaction did Optimum Communications (ATUS) report on this Form 4?

Optimum Communications reported that General Counsel and CCRO Michael Olsen sold 250,000 shares of Class A common stock. The sale was an open-market transaction and left him with 1,496,277 directly owned shares after completion of the trade.

At what price did Michael Olsen sell Optimum Communications (ATUS) shares?

Michael Olsen’s sale used a weighted average price of $1.60 per share. The individual trade prices on February 17, 2026 ranged between $1.60 and $1.61, according to the detailed pricing footnote in the insider transaction disclosure.

How many Optimum Communications (ATUS) shares does Michael Olsen own after the sale?

After selling 250,000 shares, Michael Olsen directly owns 1,496,277 shares of Optimum Communications Class A common stock. This post-transaction holding reflects only his direct ownership as reported in the Form 4 filing.

What type of transaction was reported for Optimum Communications (ATUS) on February 17, 2026?

The Form 4 shows an open-market sale of Class A common stock by Michael Olsen. The transaction is coded “S,” indicating a sale in the open market or a private transaction under SEC reporting rules for insiders.

Who is the insider involved in the Optimum Communications (ATUS) Form 4 filing?

The insider is Michael Olsen, who serves as General Counsel and Chief Compliance and Risk Officer of Optimum Communications, Inc. His role makes him a reporting person required to disclose trades in company securities under SEC rules.