Form 4 for OPTU Optimum Communications, Inc.
Accepted 2026-06-02 18:25:47 ET · period of report 2026-05-29 · accession 0000947871-26-000604 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| T | 2026-06-02 18:25 | 2026-05-29 | OPTU | Olsen Michael | GC, CCRO | D - Sale to Iss | — | -246.4K | 953.4K | -21% | — |
| T | 2026-06-02 18:25 | 2026-06-01 | OPTU | Olsen Michael | GC, CCRO | S - Sale | $1.12 | -20.0K | 933.4K | -2% | -$22.4K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A common stock | 2026-05-29 | D | D | 246,400 | — | 953,381 | D | — | — | (F1) On May 29, 2026, Mr. Olsen agreed to contribute 246,400 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 616 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. (F1) On May 29, 2026, Mr. Olsen agreed to contribute 246,400 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 616 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. (F1) On May 29, 2026, Mr. Olsen agreed to contribute 246,400 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 616 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. (F1) On May 29, 2026, Mr. Olsen agreed to contribute 246,400 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 616 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. |
| 2 | Common | Class A common stock | 2026-06-01 | S | D | 20,000 | $1.12 | 933,381 | D | — | — | (F2) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 1, 2025. |