Optimum Communications, Inc. (OPTU) counsel sells 20,000 shares under 10b5-1 plan

Rhea-AI Filing Summary

Optimum Communications, Inc. insider Michael Olsen, General Counsel and CCRO, sold 20,000 shares of Class A common stock on August 3, 2026 at $0.74 per share. The sale was made under a Rule 10b5-1 trading plan adopted December 1, 2025, leaving him with 868,454 shares held directly.

Insider Trade Summary 10b5-1

Net Seller: 20,000 shares

Net Sell 1 txn

Insider Olsen Michael

Role General Counsel and CCRO

Sold 20,000 shs ($15K)

Type	Security	Shares	Price	Value
Sale	Class A common stock F1	20,000	$0.74	$15K

Holdings After Transaction: Class A common stock — 868,454 shares (Direct)

Footnotes (1)

1. F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 1, 2025.

Key Figures

Shares sold: 20,000 shares Sale price: $0.74 per share Shares owned after sale: 868,454 shares +1 more

4 metrics

Shares sold 20,000 shares Class A common stock sold on August 3, 2026

Sale price $0.74 per share Price for the reported sale of Class A common stock

Shares owned after sale 868,454 shares Directly held Class A common stock following the sale

Sale transactions reported 1 transaction Number of non-derivative sale transactions in this Form 4

Key Terms

Rule 10b5-1 trading plan, Class A common stock, open market or private transaction, General Counsel and CCRO

4 terms

Rule 10b5-1 trading plan regulatory

"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

Class A common stock financial

"security_title: Class A common stock for the reported transaction"

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.

open market or private transaction financial

"transaction_code_description: Sale in open market or private transaction"

General Counsel and CCRO financial

"Michael Olsen is listed as General Counsel and CCRO"

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/05/2026 - 05:30 PM Accepted by SEC EDGAR 08/05/2026 - 05:30 PM Learn about SEC filing dates

FAQ

What insider transaction did Michael Olsen report for OPTU?

Michael Olsen reported selling 20,000 shares of Optimum Communications, Inc. (OPTU) Class A common stock on August 3, 2026. The transaction is disclosed as a non-derivative sale of directly held shares in this Form 4 filing.

At what price were OPTU shares sold in Michael Olsen’s Form 4 filing?

Michael Olsen sold 20,000 shares of Optimum Communications, Inc. Class A common stock at $0.74 per share. This price applies to the reported non-derivative sale executed on August 3, 2026 under his pre-established Rule 10b5-1 trading plan.

How many OPTU shares does Michael Olsen hold after this reported sale?

After the reported sale, Michael Olsen directly holds 868,454 shares of Optimum Communications, Inc. Class A common stock. This post-transaction balance reflects his remaining direct ownership position as stated in the Form 4 following the August 3, 2026 trade.

Was Michael Olsen’s OPTU share sale made under a Rule 10b5-1 trading plan?

Yes, the sale was executed under a Rule 10b5-1 trading plan adopted by Michael Olsen on December 1, 2025. The filing notes that all sales reported were effected pursuant to this pre-arranged trading plan, which structures trades in advance.

What is Michael Olsen’s role at Optimum Communications, Inc. (OPTU)?

Michael Olsen serves as General Counsel and CCRO at Optimum Communications, Inc. He is an officer of the company and the reporting person for this Form 4, which details his personal trading activity in the company’s Class A common stock.

How many sale transactions are reported in this OPTU Form 4 filing?

This Form 4 reports one non-derivative sale transaction by Michael Olsen involving Optimum Communications, Inc. Class A common stock. The filing’s transaction summary shows a single sale totaling 20,000 shares and no derivative or gift transactions.

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).

X

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 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel and CCRO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026

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	08/03/2026		S(1)		20,000	D	$0.74	868,454	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. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 1, 2025.

	/s/ Michael Olsen	08/05/2026
	** 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)