STEWART CHARLES (Co-President & CFO) reported 2 transactions at OPTIMUM COMMUNICATIONS, INC.
Review the transaction codes below to understand the nature of each event.
Filed: 4/25/2025ACC: 0000947871-25-000424
Officer· Co-President & CFO
Since Dec 2018
-1.30M
Net shares
Net seller
$0.00
Total acquired
0
Open market trades
0B · 0S
5
Total transactions
600K acquired · 1.90M disposed
Non-Derivative Transactions2
Class A common stock
Direct
Shares
−600K
Price / share
—
Trade value
—
% of position
61.6%
8/7/2023
973.92K→373.93K
Class A common stock
Direct
Shares
−350K
Price / share
—
Trade value
—
% of position
93.6%
3/19/2024
373.93K→23.93K
Total
Net shares
−950K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A common stock Direct | 8/7/2023 | J · J | −600K | — | — | 61.6% | 973.92K | 373.93K |
| Class A common stock Direct | 3/19/2024 | J · J | −350K | — | — | 93.6% | 373.93K | 23.93K |
| Total | −950K | $0.00 | ||||||
Derivative Transactions3
Variable Prepaid Forward Transaction
Direct
Converts to
Class A common stock
600K shares
Shares
+600K
Strike price
Held after
600K
Exercisable
—
8/7/2020
Variable Prepaid Forward Transaction
Direct
Converts to
Class A common stock
600K shares
Shares
−600K
Strike price
Held after
0.00
Exercisable
—
8/7/2023
Variable Prepaid Forward Transaction
Direct
Converts to
Class A common stock
350K shares
Shares
−350K
Strike price
Held after
0.00
Exercisable
—
3/19/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Variable Prepaid Forward Transaction Direct | Class A common stock600K shares | 8/7/2020 | J · J | +600K | — | 600K | |
| Variable Prepaid Forward Transaction Direct | Class A common stock600K shares | 8/7/2023 | J · J | −600K | — | 0.00 | |
| Variable Prepaid Forward Transaction Direct | Class A common stock350K shares | 3/19/2024 | J · J | −350K | — | 0.00 |