Deutsche Bank AG (OPTU) discloses 19.5M Optimum Communications Class A shares
Rhea-AI Filing Summary
Deutsche Bank AG, through affiliates including Deutsche Bank Securities Inc., reports beneficial ownership of 19,465,329 shares of Optimum Communications, Inc. Class A common stock. This represents 6.9% of the outstanding Class A shares.
All voting and dispositive authority over these shares is held on a shared basis, with no sole voting or dispositive power reported. Deutsche Bank AG certifies that it is a bank organized under the laws of the Federal Republic of Germany and that its foreign regulatory scheme is substantially comparable to that of a functionally equivalent U.S. institution.
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Key Figures
Shares beneficially owned: 19,465,329 shares
Percent of class: 6.9%
Shared voting power: 19,465,329 shares
+3 more
6 metrics
Shares beneficially owned
19,465,329 shares
Class A Common Stock beneficially owned by Deutsche Bank AG
Percent of class
6.9%
Percentage of Optimum Communications Class A Common Stock
Shared voting power
19,465,329 shares
Shares over which there is shared power to vote or direct the vote
Sole voting power
0 shares
Shares over which there is sole power to vote or direct the vote
Shared dispositive power
19,465,329 shares
Shares over which there is shared power to dispose or direct disposition
Sole dispositive power
0 shares
Shares over which there is sole power to dispose or direct disposition
Key Terms
beneficially owned, shared voting power, dispositive power, Class A Common Stock, +2 more
6 terms
beneficially owned financial
"Amount beneficially owned: 19,465,329"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
dispositive power financial
"Shared power to dispose or to direct the disposition of: 19,465,329"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Class A Common Stock financial
"Title of class of securities: Class A Common Stock"
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.
CUSIP financial
"CUSIP No.: 02156K103"
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
Schedule 13D regulatory
"information that would otherwise be disclosed in a Schedule 13D"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
FAQ
What percentage of Optimum Communications (OPTU) does Deutsche Bank AG report owning?
Deutsche Bank AG reports beneficial ownership of 6.9% of Optimum Communications, Inc. Class A common stock, representing 19,465,329 shares. This ownership is held with shared voting and dispositive power and no sole authority over the shares.
What type of security of Optimum Communications (OPTU) is reported in this ownership statement?
The ownership statement concerns Optimum Communications, Inc. Class A Common Stock, identified by CUSIP 02156K103. Deutsche Bank AG and its affiliate report beneficial ownership and shared voting and dispositive power over these specific Class A shares.
Where is Optimum Communications (OPTU) headquartered according to this ownership report?
Optimum Communications, Inc. lists its principal executive offices at 1 Court Square West, Long Island City, NY 11101. This address identifies the company’s main business location in the United States within the ownership disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.