Form 4: Altice USA Executive Michael Olsen Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Michael Olsen, General Counsel and CCRO of Altice USA, disposed of shares to cover tax obligations related to vesting restricted share units.
Summary
- On March 1, 2025, Michael Olsen, General Counsel and CCRO of Altice USA, disposed of shares of Class A common stock to cover tax obligations.
- A total of 181,872 shares were disposed of at a price of $2.87 per share.
- Following the transaction, Olsen directly owns 1,203,022 shares of Altice USA Class A common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock disposal for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vested shares, which is a common occurrence.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the disposal of shares by a company executive.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of transaction: Disposal of shares for tax obligations. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.