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Dark Mirage holds double-digit stake in Optimum (OPTU)

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Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Optimum Communications, Inc. (OPTU) is the subject of an amended Schedule 13G/A reporting that Dark Mirage, LP, together with related entities and Neil S. Subin (the “Reporting Persons”), collectively report beneficial ownership of 19,549,309 shares of Optimum’s Class A Common Stock. This represents 11.9% of the Class A Common Shares, calculated using 163,699,534 Class A shares outstanding, derived from the issuer’s Form 10-Q share data. The shares are owned by Dark Mirage, LP, with MILFAM LLC as investment advisor and MILFAM GP, LLC as general partner, and Mr. Subin as President and Manager of MILFAM LLC. The Reporting Persons report shared voting and dispositive power over these 19,549,309 shares and disclaim beneficial ownership except to the extent of any pecuniary interest. The filing also notes that other persons have rights to receive dividends or sale proceeds from the Class A shares owned by Dark Mirage, LP.

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Class A Common Shares beneficially owned 19,549,309 shares Class A Common Stock of Optimum Communications, Inc. owned by Dark Mirage, LP
Percent of Class A Common Stock 11.9% Beneficial ownership percentage reported by each Reporting Person
Class A Common Shares outstanding baseline 163,699,534 shares Class A Common Shares outstanding used to calculate 11.9% ownership
Aggregate Class A and Class B shares 272,565,547 shares Aggregate shares of Class A Common Stock and Class B Common Stock outstanding as of July 31, 2026
Class B Common Stock outstanding 108,866,013 shares Class B Common Stock outstanding on June 30, 2026
beneficial owner financial
"therefore may be deemed the beneficial owner of the Class A Common Shares"
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.
shared voting power financial
"6 | Shared Voting Power 19,549,309.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive power financial
"8 | Shared Dispositive Power 19,549,309.00"
Schedule 13G/A regulatory
"The percentage reported in this Amendment No. 1 to (this "/A")"
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.
pecuniary interest financial
"disclaims beneficial ownership of any Class A Common Shares other than to the extent he or it may have a pecuniary interest therein"

FAQ

What percentage of Optimum Communications, Inc. (OPTU) Class A stock do the Reporting Persons hold?

The Reporting Persons report beneficial ownership of 11.9% of Optimum Communications, Inc. Class A Common Stock, based on 19,549,309 Class A Common Shares and 163,699,534 Class A Common Shares outstanding as reflected in the issuer’s Form 10-Q share data.

How many Optimum (OPTU) Class A shares are owned by Dark Mirage, LP?

Dark Mirage, LP owns 19,549,309 Class A Common Shares of Optimum Communications, Inc. The Reporting Persons, including Dark Mirage, LP, MILFAM LLC, MILFAM GP, LLC and Neil S. Subin, report shared voting and dispositive power over these shares, subject to their stated beneficial ownership disclaimers.

Who are the Reporting Persons in this Schedule 13G/A for OPTU?

The Schedule 13G/A is filed by Neil S. Subin, MILFAM LLC, MILFAM GP, LLC, and Dark Mirage, LP. MILFAM LLC is investment advisor to Dark Mirage, LP; MILFAM GP, LLC is its general partner; and Mr. Subin is President and Manager of MILFAM LLC.

What voting and dispositive powers over OPTU shares do the Reporting Persons report?

Each Reporting Person reports 0 shares with sole voting or dispositive power and 19,549,309 shares with shared voting power and shared dispositive power, corresponding to the Class A Common Shares owned by Dark Mirage, LP.

How was the 11.9% ownership stake in OPTU calculated?

The 11.9% figure is based on 163,699,534 Class A Common Shares outstanding, which reflects 272,565,547 aggregate Class A and Class B shares outstanding as of July 31, 2026, less 108,866,013 Class B shares outstanding on June 30, 2026, as disclosed in the issuer’s Form 10-Q.

Do other persons have rights to income from the OPTU shares owned by Dark Mirage, LP?

Yes. The filing states that other persons have the right to receive and the power to direct the receipt of dividends from, or the proceeds from the sale of, the Class A Common Shares owned by Dark Mirage, LP.

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

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Learn about SEC filing dates





02156K103

(CUSIP Number)
07/28/2026

(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




Comment for Type of Reporting Person: Notes to Items 6, 8 and 9: Represents 19,549,309 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 of which is hereinafter individually referred to as a "Reporting Person" and, collectively, as the "Reporting Persons") each disclaims beneficial ownership of any Class A Common Shares other than to the extent he or it may have a pecuniary interest therein. Note to Item 11: The percentage reported in this Amendment No. 1 to Schedule 13G (this "Schedule 13G/A") is based upon 163,699,534 Class A Common Shares outstanding, which is based upon 272,565,547 aggregate shares of Class A Common Stock and Class B Common Stock outstanding as of July 31, 2026, as disclosed in the Issuer's Form 10-Q filed on August 6, 2026 (the "Form 10-Q"), less 108,866,013 shares of Class B Common Stock outstanding on June 30, 2026, as disclosed in the Form 10-Q.


SCHEDULE 13G




Comment for Type of Reporting Person: Notes to Items 6, 8 and 9: Represents 19,549,309 Class A Common Shares 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 LLC disclaims beneficial ownership of any Class A Common Shares other than to the extent it may have a pecuniary interest therein. Note to Item 11: The percentage reported in this Schedule 13G/A is based upon 163,699,534 Class A Common Shares outstanding, which is based upon 272,565,547 aggregate shares of Class A Common Stock and Class B Common Stock outstanding as of July 31, 2026, as disclosed in the Form 10-Q, less 108,866,013 shares of Class B Common Stock outstanding on June 30, 2026, as disclosed in the Form 10-Q.


SCHEDULE 13G




Comment for Type of Reporting Person: Notes to Items 6, 8 and 9: Represents 19,549,309 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. MILFAM GP, LLC disclaims beneficial ownership of any Class A Common Shares other than to the extent it may have a pecuniary interest therein. Note to Item 11: The percentage reported in this Schedule 13G/A is based upon 163,699,534 Class A Common Shares outstanding, which is based upon 272,565,547 aggregate shares of Class A Common Stock and Class B Common Stock outstanding as of July 31, 2026, as disclosed in the Form 10-Q, less 108,866,013 shares of Class B Common Stock outstanding on June 30, 2026, as disclosed in the Form 10-Q.


SCHEDULE 13G




Comment for Type of Reporting Person: Notes to Items 6, 8 and 9: Represents 19,549,309 Class A Common Shares owned by Dark Mirage, LP. Note to Item 11: The percentage reported in this Schedule 13G/A is based upon 163,699,534 Class A Common Shares outstanding, which is based upon 272,565,547 aggregate shares of Class A Common Stock and Class B Common Stock outstanding as of July 31, 2026, as disclosed in the Form 10-Q, less 108,866,013 shares of Class B Common Stock outstanding on June 30, 2026, as disclosed in the Form 10-Q.


SCHEDULE 13G



Neil S. Subin
Signature:/s/ Neil S. Subin
Name/Title:Neil S. Subin
Date:08/28/2026
MILFAM LLC
Signature:/s/ Neil S. Subin
Name/Title:Neil S. Subin, Manager
Date:08/28/2026
MILFAM GP, LLC
Signature:/s/ Neil S. Subin
Name/Title:Neil S. Subin, Manager / By MILFAM LLC, its Manager
Date:08/28/2026
Dark Mirage, LP
Signature:/s/ Neil S. Subin
Name/Title:Neil S. Subin, Manager / By MILFAM GP, LLC, its General Partner / By MILFAM LLC, its Manager
Date:08/28/2026