Form 4: Altice USA Executive Colleen Schmidt Reports Stock Transactions
SEC Form 4 Filing
EVP of Human Resources at Altice USA, Colleen Schmidt, reports acquisition and disposal of Class A common stock related to vesting of restricted share units and deferred cash awards.
Summary
- Colleen Schmidt, EVP of Human Resources at Altice USA, filed a Form 4 detailing changes in beneficial ownership of Altice USA, Inc. [ATUS] stock.
- On March 1, 2024, Schmidt disposed of 48,571 shares of Class A common stock at $2.97 per share to cover taxes related to vesting restricted share units.
- On the same day, Schmidt acquired 151,559 shares of Class A common stock at $2.97 per share upon the vesting of deferred cash-denominated awards.
- Following these transactions, Schmidt beneficially owns 735,130 shares of Class A common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock disposal and acquisition. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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