[SCHEDULE 13G/A] Optimum Communications, Inc. Amended Passive Investment Disclosure
Optimum Communications: Dark Mirage holds 13.3%
OPTU's reported percentage uses 163,699,534 Class A shares outstanding, derived from aggregate and Class B counts with July 31 and June 30, 2026 dates.
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
For Optimum Communications, Inc. (OPTU), Neil S. Subin, MILFAM LLC, MILFAM GP, LLC and Dark Mirage, LP each report beneficial ownership of 21,777,316 Class A shares, or 13.3% of the class. The shares are owned by Dark Mirage, LP; MILFAM LLC is its investment advisor, MILFAM GP, LLC is its general partner, and Subin is President and Manager of MILFAM LLC. The reporting persons list shared voting and dispositive power over the shares and zero sole voting or dispositive power. Subin, MILFAM GP, LLC and MILFAM LLC disclaim beneficial ownership except to the extent of any pecuniary interest. Other persons have rights to receive dividends or direct the receipt of proceeds from sales of the shares.
Key Figures
Beneficially owned Class A shares:21,777,316 sharesOwnership of Class A class:13.3%Class A shares outstanding:163,699,534 shares+2 more
5 metrics
Beneficially owned Class A shares21,777,316 sharesReported by each reporting person; the shares are owned by Dark Mirage, LP.
Ownership of Class A class13.3%Reported for each reporting person.
Class A shares outstanding163,699,534 sharesBasis stated for the reported ownership percentage.
Aggregate Class A and Class B shares outstanding272,565,547 sharesAs of July 31, 2026; used in the stated ownership calculation.
Class B shares outstanding108,866,013 sharesAs of June 30, 2026; subtracted in the stated ownership calculation.
"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 Powerfinancial
"Shared Voting Power 21,777,316.00"
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 Powerfinancial
"Shared Dispositive Power 21,777,316.00"
pecuniary interestfinancial
"other than to the extent he or it may have a pecuniary interest therein"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many OPTU shares did the reporting persons report owning?
Each reported beneficial ownership of 21,777,316 Class A shares, equal to 13.3% of the class. Dark Mirage, LP owns the shares; Subin and the two MILFAM entities may be deemed beneficial owners through their stated roles.
How was the 13.3% OPTU ownership figure calculated?
The percentage was based on 163,699,534 Class A shares outstanding. That figure was based on 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.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Optimum Communications, Inc.
(Name of Issuer)
Class A Common Stock, par value $0.01 per share
(Title of Class of Securities)
02156K103
(CUSIP Number)
10/22/2026
(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
SUBIN NEIL S
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
21,777,316.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
21,777,316.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
21,777,316.00
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)
13.3 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: Notes to Items 6, 8 and 9: Represents 21,777,316 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. 2 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
CUSIP Number(s):
02156K103
1
Names of Reporting Persons
MILFAM LLC
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
21,777,316.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
21,777,316.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
21,777,316.00
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)
13.3 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Notes to Items 6, 8 and 9: Represents 21,777,316 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
CUSIP Number(s):
02156K103
1
Names of Reporting Persons
MILFAM GP, LLC
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
21,777,316.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
21,777,316.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
21,777,316.00
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)
13.3 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Notes to Items 6, 8 and 9: Represents 21,777,316 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
CUSIP Number(s):
02156K103
1
Names of Reporting Persons
DARK MIRAGE, 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
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
21,777,316.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
21,777,316.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
21,777,316.00
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)
13.3 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Notes to Items 6, 8 and 9: Represents 21,777,316 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
Item 1.
(a)
Name of issuer:
Optimum Communications, Inc.
(b)
Address of issuer's principal executive offices:
1 Court Square West, Long Island City, New York 11101
Item 2.
(a)
Name of person filing:
This Schedule 13G/A is filed by the Reporting Persons. Mr. Subin is the President and Manager of MILFAM LLC, which serves as the investment advisor of Dark Mirage, LP. MILFAM LLC is the Manager of MILFAM GP, LLC, which serves as the general partner of Dark Mirage, LP.
(b)
Address or principal business office or, if none, residence:
The address of each Reporting Person is
2336 SE Ocean Blvd, Suite 400,
Stuart, Florida 34996
(c)
Citizenship:
Mr. Subin is a citizen of the United States. MILFAM LLC, MILFAM GP, LLC and Dark Mirage, LP are all organized in the State of Delaware.
(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:
The information set forth in rows 5-11 (including the comments thereto) on the cover pages to this Schedule 13G/A with respect to each of the Reporting Persons is hereby incorporated by reference herein.
(b)
Percent of class:
13.3 %. The information set forth in row 11 (including the comments thereto) on the cover pages to this Schedule 13G/A with respect to each of the Reporting Persons is hereby incorporated by reference herein.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information set forth in row 5 (including the comments thereto) on the cover pages to this Schedule 13G/A with respect to each of the Reporting Persons is hereby incorporated by reference herein.
(ii) Shared power to vote or to direct the vote:
The information set forth in row 6 (including the comments thereto) on the cover pages to this Schedule 13G/A with respect to each of the Reporting Persons is hereby incorporated by reference herein.
(iii) Sole power to dispose or to direct the disposition of:
The information set forth in row 7 (including the comments thereto) on the cover pages to this Schedule 13G/A with respect to each of the Reporting Persons is hereby incorporated by reference herein.
(iv) Shared power to dispose or to direct the disposition of:
The information set forth in row 8 (including the comments thereto) on the cover pages to this Schedule 13G/A with respect to each of the Reporting Persons is hereby incorporated by reference herein.
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.
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.
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 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.
SUBIN NEIL S
Signature:
/s/ Neil S. Subin
Name/Title:
Neil S. Subin
Date:
10/26/2026
MILFAM LLC
Signature:
/s/ Neil S. Subin
Name/Title:
Neil S. Subin, Manager
Date:
10/26/2026
MILFAM GP, LLC
Signature:
/s/ Neil S. Subin
Name/Title:
Neil S. Subin, Manager / By MILFAM LLC, its Manager
Date:
10/26/2026
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
