Optimum Communications (NASDAQ: ATUS) officer reports RSU tax share withholding
Rhea-AI Filing Summary
Optimum Communications, Inc. reported an insider equity transaction by its President of Consumer Services on 12/29/2025. The officer had 154,385 shares of Class A common stock withheld at $1.66 per share, coded as an "F" transaction, which indicates shares were withheld to cover taxes on vesting equity awards.
These shares relate to restricted share units granted under the Amended and Restated Altice USA 2017 Long Term Incentive Plan. After this tax withholding, the officer directly beneficially owns 1,367,505 shares of Class A common stock.
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FAQ
What insider transaction did ATUS (Optimum Communications, Inc.) report?
The company reported that its President of Consumer Services had 154,385 shares of Class A common stock withheld on 12/29/2025 to cover taxes on vesting restricted share units.
What was the price per share for the reported ATUS insider tax withholding?
The shares of Optimum Communications, Inc. Class A common stock were withheld at a price of $1.66 per share in the reported transaction.
How many ATUS shares does the reporting officer own after this transaction?
Following the tax withholding transaction, the officer directly beneficially owns 1,367,505 shares of Optimum Communications, Inc. Class A common stock.
What does transaction code "F" mean in this ATUS Form 4 filing?
Transaction code "F" in this context indicates shares were withheld by the issuer to satisfy tax obligations upon the vesting of restricted share units.
Which equity plan is referenced in this ATUS insider transaction?
The shares were withheld for taxes on restricted share units granted under the Amended and Restated Altice USA 2017 Long Term Incentive Plan, as amended.
Is this ATUS Form 4 filed for one or multiple reporting persons?
The filing indicates it is a Form filed by One Reporting Person, not a joint or group filing.