Form 4: Altice USA CEO's Stock Withholding for Taxes

Altice USA's Chairman and CEO, Dennis Mathew, reported the withholding of 220,043 shares of Class A Common Stock for tax obligations related to RSU vesting.

Summary

• Dennis Mathew, Chairman and CEO of Altice USA, Inc. (ATUS), filed a Form 4 statement of changes in beneficial ownership.
• The filing reports a transaction on October 24, 2025, where 220,043 shares of Class A Common Stock were disposed of.
• These shares were withheld for taxes upon the vesting of restricted share units (RSUs) granted under the Amended and Restated Altice USA 2017 Long Term Incentive Plan.
• The price per share for the withheld stock was $2.17.
• Following this transaction, Dennis Mathew beneficially owns 3,794,290 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary insider transaction for tax withholding purposes, which is a standard part of executive compensation. It does not indicate any positive or negative operational or financial performance for the company.

Future Outlook

This filing is a report of a past transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing reports a routine insider transaction related to executive compensation and does not provide information relevant to broader industry trends or competitive landscape analysis.

Stakeholder Impact

• Shareholders: This is a routine compliance filing and is unlikely to have a significant direct impact on shareholders, as it represents a non-discretionary tax event rather than a strategic sale or purchase.

Key Dates

Recommendation

This Form 4 filing reports a routine transaction where shares were withheld for tax obligations upon the vesting of restricted share units for Altice USA's Chairman and CEO. Such a transaction is a standard part of executive compensation and does not reflect a discretionary sale or purchase based on new information about the company's performance or outlook. Therefore, it does not provide a basis for altering an existing investment thesis, warranting a 'hold' recommendation.

Keywords

Altice USA, ATUS, Dennis Mathew, Form 4, Insider Transaction, Stock Withholding, Restricted Share Units, Executive Compensation, SEC Filing