Form 4: Director Sells OPTU Shares Under 10b5-1 Plan

Optimum Communications Director Dexter Goei sold over 217,000 shares of Class A Common Stock in early December 2025 under a pre-arranged trading plan.

Summary

• Director Dexter Goei of Optimum Communications, Inc. sold a total of 217,126 shares of Class A Common Stock over two days.
• On December 1, 2025, 184,898 shares were sold at a weighted average price of $1.9217 per share, with prices ranging from $1.90 to $1.9550.
• On December 2, 2025, an additional 32,228 shares were sold at a weighted average price of $1.90 per share, with prices ranging from $1.90 to $1.9050.
• Following these transactions, Dexter Goei's direct beneficial ownership stands at 8,244,520 shares of Class A Common Stock.
• The sales were executed pursuant to a Rule 10b5-1(c) plan, indicating pre-scheduled transactions.

Sentiment

Score: 4

Explanation: The sale of shares by a director, even under a pre-arranged 10b5-1 plan, generally carries a slightly negative sentiment as it reduces insider ownership. However, the pre-planned nature mitigates the immediate negative signal of a discretionary sale.

Negatives

• Director Dexter Goei sold a significant number of shares (217,126 shares), reducing his direct beneficial ownership in the company.
• Reduced insider ownership could be perceived negatively by investors, potentially signaling a lack of confidence or a desire to diversify holdings.

Risks

• The reduction in insider ownership by a director, even if pre-planned, may lead to negative market sentiment regarding the company's future prospects or valuation.

Future Outlook

NA

Management Comments

• The Reporting Person undertakes, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price.

Industry Context

NA

Related Party Transactions

• Director Dexter Goei sold shares of Optimum Communications, Inc. Class A Common Stock, which constitutes a related party transaction.

Stakeholder Impact

• Shareholders may perceive reduced insider confidence, potentially leading to downward pressure on the share price, despite the pre-planned nature of the sales.

Key Dates

Recommendation

While insider selling, even under a 10b5-1 plan, can be viewed negatively as it reduces management's direct stake, the pre-arranged nature suggests it's not based on new adverse material information. Without further context on the company's performance or other market factors, a 'hold' recommendation is appropriate, advising investors to monitor future insider activity and company fundamentals.

Keywords

Optimum Communications, OPTU, Dexter Goei, Insider Trading, Form 4, Share Sale, Director, 10b5-1 Plan, Class A Common Stock