Optimum Communications (ATUS) director swaps 82,800 shares for 207 units

Rhea-AI Filing Summary

Optimum Communications, Inc. director Raymond Svider reported a non-cash disposition of 82,800 shares of Class A common stock on May 29, 2026. The shares were contributed to CSC Investments II LLC, a wholly owned subsidiary of the company, in exchange for 207 Preferred Units in CSC.

Following this exchange, Svider directly holds 139,897 shares of Class A common stock. The transaction was approved in advance by the board of directors under Rule 16b-3(e) of the Securities Exchange Act of 1934.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Svider Raymond

Role null

Type	Security	Shares	Price	Value
Disposition	Class A common stock	82,800	$0.00	--

Holdings After Transaction: Class A common stock — 139,897 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares disposed: 82,800 shares Shares held after: 139,897 shares Preferred Units received: 207 units +1 more

4 metrics

Shares disposed 82,800 shares Class A common stock contributed on May 29, 2026

Shares held after 139,897 shares Direct Class A common stock holdings post-transaction

Preferred Units received 207 units Preferred Units in CSC Investments II LLC received in exchange

Reported transaction price $0.0000 per share Indicates non-cash contribution to wholly owned subsidiary

Key Terms

Disposition to issuer, Preferred Units, Rule 16b-3(e), Class A common stock

4 terms

Disposition to issuer financial

"transaction_code_description: Disposition to issuer"

Preferred Units financial

"in exchange for 207 Preferred Units in CSC"

Preferred units are a class of ownership interests in a partnership or trust that pay fixed or priority distributions before common units, similar to having a reserved lane for getting paid first. They matter to investors because they typically offer steadier income and lower risk of missed payments than common units, but usually provide less upside if the business grows.

Rule 16b-3(e) regulatory

"approved in advance by the Board of Directors ... pursuant to Rule 16b-3(e)"

Class A common stock financial

"82,800 shares of Class A common stock of the Issuer"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

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Form 4 Insider Transactions: What Each Field Means →

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^*

Svider Raymond

(Last) (First) (Middle)

1 COURT SQUARE WEST

(Street)

LONG ISLAND CITY NEW YORK 11101

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026

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

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

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

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	05/29/2026(1)	05/29/2026(1)	D		82,800(1)	D	(1)	139,897	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. On May 29, 2026, Mr. Svider agreed to contribute 82,800 shares of Class A common stock of the Issuer to CSC Investments II LLC ("CSC"), a wholly-owned subsidiary of the Issuer, in exchange for 207 Preferred Units in CSC. The exchange was approved in advance by the Board of Directors of the Issuer pursuant to Rule 16b-3(e) under the Securities Exchange Act of 1934.

	/s/ Raymond Svider	06/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

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

Optimum Communications reported that director Raymond Svider disposed of 82,800 Class A common shares on May 29, 2026. He contributed them to a wholly owned subsidiary in exchange for 207 Preferred Units, a non-cash exchange approved by the board.

How many Optimum Communications (ATUS) shares does Raymond Svider hold after the transaction?

After the reported transaction, Raymond Svider directly holds 139,897 shares of Optimum Communications Class A common stock. This reflects his position following the contribution of 82,800 shares to CSC Investments II LLC in exchange for 207 Preferred Units.

Was the Optimum Communications (ATUS) insider transaction a market sale or a non-cash exchange?

The transaction was a non-cash exchange, not a market sale. Raymond Svider contributed 82,800 shares to CSC Investments II LLC and received 207 Preferred Units in return, with the per-share transaction price reported as 0.0000.

How was the Optimum Communications (ATUS) insider exchange approved under securities rules?

The exchange was approved in advance by Optimum Communications’ board of directors under Rule 16b-3(e) of the Securities Exchange Act of 1934. This rule allows certain issuer-related transactions by insiders when properly authorized by the board.

Who is the counterparty in Raymond Svider’s Optimum Communications (ATUS) share contribution?

The counterparty is CSC Investments II LLC, a wholly owned subsidiary of Optimum Communications. Svider contributed 82,800 Class A common shares to CSC and received 207 Preferred Units in CSC as consideration for the exchange.