Optimum Communications (ATUS) director reports 695K-share sale at $1.90 average price
Rhea-AI Filing Summary
Optimum Communications, Inc. director Dexter Goei reported an open-market sale of Class A common stock. On 11/26/2025, he sold 695,195 shares at a weighted average price of $1.9046 per share, with individual sale prices ranging from $1.90 to $2.01. After this transaction, he beneficially owns 8,461,646 shares of Class A common stock in direct form. This total includes 7,603,359 shares that were previously held through personal holding companies and were distributed to him and are now owned directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 695,195 | $1.9046 | $1.32M |
Footnotes (1)
- Represents the weighted average sale price of the shares sold ranging from a low of $1.90 to a high of $2.01 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. Includes 7,603,359 shares previously held through personal holding companies which were distributed to the Reporting Person and are now owned directly.
FAQ
What insider transaction did Optimum Communications (ATUS) disclose?
The company disclosed that director Dexter Goei sold 695,195 shares of Class A common stock in an open-market transaction on 11/26/2025.
What is the relationship of the reporting person to Optimum Communications (ATUS)?
The reporting person, Dexter Goei, is identified as a Director of Optimum Communications, Inc.
What is notable about the composition of Dexter Goei’s Optimum Communications (ATUS) holdings?
The reported holdings of 8,461,646 shares include 7,603,359 shares that were previously held through personal holding companies and have since been distributed to him and are now owned directly.
Did the Form 4 filing for Optimum Communications (ATUS) report any derivative securities?
The filing includes a table for derivative securities, but no derivative transactions or holdings are listed in the provided content.