Optimum Communications, Inc. files an Amendment No. 1 to a Schedule 13G/A reporting beneficial ownership. The filing states that Empyrean Capital Partners, LP and Amos Meron beneficially own 24,578,407 shares of Class A Common Stock, representing 5.22% of the class. The filing attributes shared voting and dispositive power over the same 24,578,407 shares to the reporting persons and notes the position is held through Empyrean Capital Overseas Master Fund, Ltd.
The statement is signed by the Chief Compliance Officer and by Amos Meron and references a Joint Filing Agreement in Exhibit 99.1.
Positive
None.
Negative
None.
Insights
Passive 13G amendment documents a >5% stake held jointly through an investment vehicle.
The filing lists 24,578,407 shares and 5.22% ownership by Empyrean Capital Partners, LP and Mr. Amos Meron, with shared voting and dispositive power tied to holdings of Empyrean Capital Overseas Master Fund, Ltd.
Disclosure shows ownership structure rather than a transaction; subsequent filings would be needed to show purchases, sales, or changes in voting arrangements.
Amendment clarifies reporting persons and beneficial ownership details under Section 13.
The statement identifies the filing address, CUSIP 02156K103, and that ECP acts as investment manager for ECOMF. Itemized power lines (sole/shared) are explicitly provided.
Filing preserves passive-holder framing typical of 13G amendments; review future schedules for any change to active/beneficial status.
Key Figures
Reported shares beneficially owned:24,578,407 sharesPercent of class:5.22%CUSIP:02156K103+1 more
4 metrics
Reported shares beneficially owned24,578,407 sharesClass A Common Stock
Percent of class5.22%Beneficial ownership percentage
CUSIP02156K103Identifier for Class A Common Stock
Signature date05/15/2026Filing signatures by Compliance Officer and Amos Meron
Key Terms
Schedule 13G/A, Beneficially owned, Shared dispositive power
3 terms
Schedule 13G/Aregulatory
"Amendment No. 1 to a Schedule 13G/A reporting beneficial ownership"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficially ownedregulatory
"Amount beneficially owned: 24,578,407"
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.
Shared dispositive powerregulatory
"Shared Dispositive Power 24,578,407.00"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Optimum Communications, Inc.
(Name of Issuer)
Class A Common Stock, par value $0.01 per share
(Title of Class of Securities)
02156K103
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
02156K103
1
Names of Reporting Persons
Empyrean Capital Partners, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
24,578,407.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
24,578,407.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
24,578,407.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.22 %
12
Type of Reporting Person (See Instructions)
IA, PN
Comment for Type of Reporting Person: See Item 4 of the Schedule 13G
SCHEDULE 13G
CUSIP Number(s):
02156K103
1
Names of Reporting Persons
Amos Meron
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
24,578,407.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
24,578,407.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
24,578,407.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.22 %
12
Type of Reporting Person (See Instructions)
HC, IN
Comment for Type of Reporting Person: See Item 4 of the Schedule 13G
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Optimum Communications, Inc.
(b)
Address of issuer's principal executive offices:
1Court Square West, Long Island City, New York, 11101
Item 2.
(a)
Name of person filing:
This statement is filed by:
(i) Empyrean Capital Partners, LP ("ECP"), a Delaware limited partnership, which serves as investment manager to Empyrean Capital Overseas Master Fund, Ltd. ("ECOMF"), a Cayman Islands exempted company, with respect to the shares of Class A common stock, per value $0.01 per share (the "Class A Common Stock") of Altice USA, Inc (the "Company") directly held by ECOMF;
(ii) Mr. Amos Meron, who serves as the managing member of Empyrean Capital, LLC, the general partner of ECP, with respect to the Class A Common Stock directly held by ECOMF.
The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons." Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.
The foregoing should not be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of Class A Common Stock owned by another Reporting Person.
(b)
Address or principal business office or, if none, residence:
The address of the business office of each of the Reporting Persons is c/o Empyrean Capital Partners, L.P., 10250 Constellation Boulevard, Suite 2950, Los Angeles, CA 90067
(c)
Citizenship:
ECP - a Delaware limited partnership
Amos Meron - United States
(d)
Title of class of securities:
Class A Common Stock, par value $0.01 per share
(e)
CUSIP No.:
02156K103
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
24,578,407
(b)
Percent of class:
5.22%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
24,578,407
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
24,578,407
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
See Item 2(a).
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Empyrean Capital reports beneficial ownership of 24,578,407 shares, equal to 5.22% of Class A Common Stock. The position is reported as shared voting and shared dispositive power over the same 24,578,407 shares held through an investment vehicle.
Who are the reporting persons on the Schedule 13G/A?
The Schedule 13G/A is filed by Empyrean Capital Partners, LP and Amos Meron. ECP serves as investment manager to Empyrean Capital Overseas Master Fund, Ltd., which directly holds the disclosed Class A shares.
Does the filing state whether the stake is passive or active?
The amendment identifies the reporting structure and shared powers but does not include language converting the filing to an active 13D. The document frames the position through the fund; no conversion to active status is stated.
What entity directly holds the reported shares?
The filing states the shares are directly held by Empyrean Capital Overseas Master Fund, Ltd. with Empyrean Capital Partners, LP acting as investment manager for that fund, per Item 2(a).
Where can I find the signature and agreement details?
The statement is signed by Jennifer Norman (Chief Compliance Officer) and Amos Meron, dated 05/15/2026, and references a Joint Filing Agreement (Exhibit 99.1) attached to the amendment.
