Form 4: Altice USA CFO Marc Sirota Reports Acquisition of Class A Common Stock

Altice USA's Chief Financial Officer, Marc Sirota, reports acquiring Class A common stock and restricted share units.

Summary

• On March 18, 2025, Marc Sirota, the Chief Financial Officer of Altice USA, Inc. (ATUS), reported a transaction involving the company's Class A common stock.
• Sirota acquired 662,879 shares of Class A common stock.
• Following the transaction, Sirota beneficially owns 1,668,527 shares of Class A common stock directly.
• Sirota also received restricted share units, which vest in equal installments on March 1, 2026, 2027, and 2028, each representing a contingent right to receive one share of Altice USA's Class A common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock ownership changes. The acquisition of shares by the CFO could be seen as a positive signal, but it's not a strong indicator.

Positives

• The acquisition of shares by a key executive could be interpreted as a sign of confidence in the company's future prospects.

Future Outlook

The restricted share units vest over a three-year period, suggesting a long-term commitment by the CFO.

Industry Context

Executive stock ownership is a common practice to align management's interests with those of shareholders. This filing is a routine disclosure required by the SEC.

Stakeholder Impact

• The increased stake of the CFO in the company may align his interests more closely with those of shareholders.

Key Dates

Keywords

Altice USA, ATUS, Marc Sirota, Class A Common Stock, Restricted Share Units, Beneficial Ownership, SEC Form 4