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Optimum Communications amends insider purchase report

The reported shares were owned by Dark Mirage, LP; Neil S. Subin, MILFAM GP, LLC and MILFAM LLC disclaim beneficial ownership except to the extent of any pecuniary interest.

(Very High)

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Form Type
4/A

Rhea-AI Filing Summary

Optimum Communications, Inc. (OPTU) reports eight indirect purchases of its Class A common stock owned by Dark Mirage, LP, dated July 29 through August 25, 2026. The largest listed purchase was 1,291,471 shares at $0.8391 per share on August 19, 2026. MILFAM LLC is Dark Mirage's investment advisor, MILFAM GP, LLC is its general partner, and Neil S. Subin is President and Manager of MILFAM LLC. Subin and the two MILFAM entities disclaim beneficial ownership except to the extent of any pecuniary interest. The amendment adds Dark Mirage, LP and MILFAM GP, LLC as reporting persons upon receipt of their EDGAR codes.

Insights

Analyzing...

Insider SUBIN NEIL S, MILFAM LLC, MILFAM GP, LLC, Dark Mirage, LP
Role 10% Owner | 10% Owner | 10% Owner | 10% Owner
Bought 3,032,354 shs ($2.45M)
Type Security Shares Price Value
Purchase Class A Common Stock F1 400 $0.85 $340.00
Purchase Class A Common Stock F1 171,711 $0.835 $143K
Purchase Class A Common Stock F1 535,191 $0.8457 $453K
Purchase Class A Common Stock F1 50,536 $0.8473 $43K
Purchase Class A Common Stock F1 1,291,471 $0.8391 $1.08M
Purchase Class A Common Stock F1 120,958 $0.7415 $90K
Purchase Class A Common Stock F1 732,279 $0.743 $544K
Purchase Class A Common Stock F1 129,808 $0.7567 $98K
Holdings After Transaction: Class A Common Stock — 19,549,309 shares (Indirect, See Footnote)
Footnotes (1)
  1. F1. Represents shares of Class A Common Stock, par value $0.01 per share ("Class A Common Shares"), of Optimum Communications, Inc. (the "Issuer") owned by Dark Mirage, LP. MILFAM LLC is the investment advisor of Dark Mirage, LP and therefore may be deemed the beneficial owner of the Class A Common Shares owned by Dark Mirage, LP. MILFAM GP, LLC is the general partner of Dark Mirage, LP and therefore may be deemed the beneficial owner of the Class A Common Shares owned by Dark Mirage, LP. Mr. Subin is the President and Manager of MILFAM LLC, which is the Manager of MILFAM GP, LLC, consequently, he may also be deemed the beneficial owner of the Class A Common Shares owned by Dark Mirage, LP. Mr. Subin, MILFAM GP, LLC and MILFAM LLC each disclaims beneficial ownership of any Class A Common Shares other than to the extent he or it may have a pecuniary interest therein.
Class A purchase 129,808 shares at $0.7567 per share July 29, 2026
Class A purchase 732,279 shares at $0.7430 per share July 30, 2026
Class A purchase 120,958 shares at $0.7415 per share July 31, 2026
Class A purchase 1,291,471 shares at $0.8391 per share August 19, 2026
Class A purchase 50,536 shares at $0.8473 per share August 20, 2026
Class A purchase 535,191 shares at $0.8457 per share August 21, 2026
Class A purchase 171,711 shares at $0.8350 per share August 24, 2026
Class A purchase 400 shares at $0.8500 per share August 25, 2026
beneficial owner regulatory
"may be deemed the beneficial owner of the Class A Common Shares owned by Dark Mirage, LP"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
investment advisor financial
"MILFAM LLC is the investment advisor of Dark Mirage, LP"
An investment advisor is a person or firm that provides personalized guidance on buying, selling and managing investments and often oversees client portfolios for a fee. For investors this matters because the advisor shapes risk, costs and long-term returns, and is typically required by law to act in the client’s best interests — think of them as a financial coach or GPS that helps navigate choices and avoid costly detours.
general partner financial
"MILFAM GP, LLC is the general partner of Dark Mirage, LP"
A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.
pecuniary interest regulatory
"other than to the extent he or it may have a pecuniary interest therein"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What was Dark Mirage, LP's largest OPTU purchase?

Dark Mirage, LP's largest listed purchase was 1,291,471 Class A common shares at $0.8391 per share on August 19, 2026. No Rule 10b5-1 plan is reported.

Which reporting persons were added in the OPTU Form 4/A?

Dark Mirage, LP and MILFAM GP, LLC were added as reporting persons upon receipt of their EDGAR codes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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*
SUBIN NEIL S

(Last)(First)(Middle)
2336 SE OCEAN BLVD, SUITE 400

(Street)
STUART FLORIDA 34996

(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)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
08/28/2026
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)
CodeVAmount(A) or (D)Price
Class A Common Stock07/29/2026P129,808A$0.756716,646,763ISee Footnote(1)
Class A Common Stock07/30/2026P732,279A$0.74317,379,042ISee Footnote(1)
Class A Common Stock07/31/2026P120,958A$0.741517,500,000ISee Footnote(1)
Class A Common Stock08/19/2026P1,291,471A$0.839118,791,471ISee Footnote(1)
Class A Common Stock08/20/2026P50,536A$0.847318,842,007ISee Footnote(1)
Class A Common Stock08/21/2026P535,191A$0.845719,377,198ISee Footnote(1)
Class A Common Stock08/24/2026P171,711A$0.83519,548,909ISee Footnote(1)
Class A Common Stock08/25/2026P400A$0.8519,549,309ISee Footnote(1)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
SUBIN NEIL S

(Last)(First)(Middle)
2336 SE OCEAN BLVD, SUITE 400

(Street)
STUART FLORIDA 34996

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
MILFAM LLC

(Last)(First)(Middle)
2336 SE OCEAN BLVD, SUITE 400

(Street)
STUART FLORIDA 34996

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
MILFAM GP, LLC

(Last)(First)(Middle)
2336 SE OCEAN BLVD, SUITE 400

(Street)
STUART FLORIDA 34996

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Dark Mirage, LP

(Last)(First)(Middle)
2336 SE OCEAN BLVD, SUITE 400

(Street)
STUART FLORIDA 34996

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. Represents shares of Class A Common Stock, par value $0.01 per share ("Class A Common Shares"), of Optimum Communications, Inc. (the "Issuer") owned by Dark Mirage, LP. MILFAM LLC is the investment advisor of Dark Mirage, LP and therefore may be deemed the beneficial owner of the Class A Common Shares owned by Dark Mirage, LP. MILFAM GP, LLC is the general partner of Dark Mirage, LP and therefore may be deemed the beneficial owner of the Class A Common Shares owned by Dark Mirage, LP. Mr. Subin is the President and Manager of MILFAM LLC, which is the Manager of MILFAM GP, LLC, consequently, he may also be deemed the beneficial owner of the Class A Common Shares owned by Dark Mirage, LP. Mr. Subin, MILFAM GP, LLC and MILFAM LLC each disclaims beneficial ownership of any Class A Common Shares other than to the extent he or it may have a pecuniary interest therein.
Remarks:
This Form 4 is being amended to add each of Dark Mirage, LP and MILFAM GP, LLC as a reporting person upon receipt of their EDGAR codes.
/s/ Neil S. Subin10/09/2026
/s/ Neil S. Subin, for MILFAM LLC, By: Neil S. Subin, Manager10/09/2026
/s/ Neil S. Subin, for MILFAM GP, LLC, By: MILFAM LLC, its Manager, By: Neil S. Subin, Manager10/09/2026
/s/ Neil S. Subin, for Dark Mirage, LP, By: MILFAM GP, LLC, its General Partner, By: MILFAM LLC, its Manager, By: Neil S. Subin, Manager10/09/2026
** Signature of Reporting PersonDate
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)

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