Form 4: Altice USA Executive Maria Bruzzese Reports Stock Transactions
SEC Form 4 Filing
Maria Bruzzese, Chief Accounting Officer of Altice USA, reports the acquisition and disposal of Class A common stock on March 1, 2024, due to vesting of restricted share units and deferred cash awards.
Summary
- On March 1, 2024, Maria Bruzzese, Chief Accounting Officer of Altice USA, engaged in transactions involving the company's Class A common stock.
- A total of 10,614 shares were disposed of at a price of $2.97 per share to cover tax obligations related to the vesting of restricted share units.
- Additionally, 25,550 shares were acquired at $2.97 per share upon the vesting of deferred cash-denominated awards.
- Following these transactions, Bruzzese directly owns 318,017 shares of Altice USA Class A common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, and doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they relate to executive compensation and do not represent a significant change in the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of the stock transactions (disposal and acquisition). |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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