Optimum Communications (ATUS) CFO contributes 296K shares for 740 preferred units

Rhea-AI Filing Summary

Optimum Communications, Inc. Chief Financial Officer Marc Sirota reported a non-market transaction involving the company’s Class A common stock. On May 29, 2026, he contributed 296,000 shares of Class A common stock to CSC Investments II LLC, a wholly owned subsidiary of the company, in exchange for 740 Preferred Units in CSC, as approved in advance by the board under Rule 16b-3(e). Following this issuer-related disposition, Sirota continues to hold 1,034,406 shares of Class A common stock directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Sirota Marc

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Disposition	Class A common stock	296,000	$0.00	--

Holdings After Transaction: Class A common stock — 1,034,406 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares contributed: 296,000 shares Preferred Units received: 740 Preferred Units Shares held after transaction: 1,034,406 shares +2 more

5 metrics

Shares contributed 296,000 shares Class A common stock contributed to CSC on May 29, 2026

Preferred Units received 740 Preferred Units Units in CSC Investments II LLC received in exchange

Shares held after transaction 1,034,406 shares Direct Class A common stock holding after disposition

Transaction code Code D Disposition to issuer classified as non-derivative transaction

Transaction date May 29, 2026 Date of contribution to CSC Investments II LLC

Key Terms

Rule 16b-3(e), Preferred Units, Class A common stock, Disposition to issuer, +1 more

5 terms

Rule 16b-3(e) regulatory

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

Preferred Units financial

"in exchange for 740 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.

Class A common stock financial

"contribute 296,000 shares of Class A common stock of the Issuer to CSC Investments II LLC"

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.

Disposition to issuer regulatory

"transaction_code_description": "Disposition to issuer""

wholly-owned subsidiary financial

"CSC Investments II LLC ("CSC"), a wholly-owned subsidiary of the Issuer"

A wholly-owned subsidiary is a company whose entire ownership is held by another company, called the parent, so the parent controls all shares, board appointments and major decisions. For investors this matters because the subsidiary’s profits, losses, assets and liabilities are treated as part of the parent’s financial picture, affecting valuation and risk exposure — imagine a parent owning a single storefront outright and consolidating its receipts and bills into the parent’s books.

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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^*

Sirota Marc

(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)
	Chief Financial Officer

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		296,000(1)	D	(1)	1,034,406	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. Sirota agreed to contribute 296,000 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 740 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/ Marc Sirota	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) disclose in this Form 4?

Optimum Communications disclosed that CFO Marc Sirota contributed 296,000 shares of Class A common stock to CSC Investments II LLC in exchange for 740 Preferred Units, a board-approved, issuer-related disposition rather than an open-market stock sale.

Did the Optimum Communications (ATUS) CFO sell shares on the open market?

No, the CFO did not sell shares on the open market. He transferred 296,000 Class A shares to CSC Investments II LLC, a wholly owned subsidiary, receiving 740 Preferred Units in CSC in a board-approved exchange under Rule 16b-3(e).

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

After the transaction, CFO Marc Sirota holds 1,034,406 shares of Optimum Communications Class A common stock directly. This figure reflects his remaining direct equity position following the 296,000-share contribution to CSC Investments II LLC for Preferred Units.

What consideration did the Optimum Communications (ATUS) CFO receive for the contributed shares?

In exchange for contributing 296,000 Class A common shares to CSC Investments II LLC, the CFO received 740 Preferred Units in CSC. This represents an internal equity-for-equity exchange with a wholly owned subsidiary, approved in advance by the company’s board of directors.

Was the Optimum Communications (ATUS) insider transaction approved under a specific SEC rule?

Yes, the exchange was approved in advance by the board of directors pursuant to Rule 16b-3(e) under the Securities Exchange Act of 1934. That rule governs issuer-approved transactions between insiders and the issuer or its subsidiaries.