Form 4: Altice USA Director Mark Mullen Reports Acquisition of Restricted Share Units

Director Mark Mullen reports acquisition of restricted share units in Altice USA, Inc.

Summary

• On February 12, 2025, Mark Mullen, a director of Altice USA, Inc., acquired 53,381 shares of Class A common stock.
• These shares were obtained in the form of restricted share units (RSUs) granted under the Altice USA 2017 Long Term Incentive Plan.
• The RSUs vest in equal installments on February 12, 2026, and February 12, 2027.
• Following the transaction, Mullen directly owns 163,697 shares of Altice USA Class A common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The acquisition of RSUs by a director is generally seen as a positive sign, indicating confidence in the company's future. However, it's a routine transaction and doesn't necessarily indicate a major shift in the company's prospects.

Positives

• The acquisition of restricted share units by a director signals confidence in the company's future performance.

Future Outlook

The restricted share units will vest in equal installments on February 12, 2026, and February 12, 2027, contingent on continued service or other conditions as defined in the Altice USA 2017 Long Term Incentive Plan.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The acquisition of RSUs is a common form of executive compensation, aligning management's interests with those of shareholders.

Stakeholder Impact

• The acquisition of RSUs by a director can have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Altice USA, Mark Mullen, Director, Restricted Share Units, RSU, Class A Common Stock, Beneficial Ownership, Form 4, Securities