Bruzzese Maria 4
Research Summary
AI-generated summary
Optimum (OPTU) CAO Maria Bruzzese Withholds 5,914 Shares
What Happened
- Maria Bruzzese, Chief Accounting Officer of Optimum Communications, disposed of 5,914 shares on 2026-04-08 by having them withheld to cover tax obligations related to vested restricted share units (RSUs). The withholding price was $1.29 per share, totaling $7,629. The Form 4 was filed on 2026-04-10.
Key Details
- Transaction date and price: 2026-04-08 at $1.29 per share (total value $7,629).
- Transaction type/code: F — shares withheld/disposed to satisfy tax withholding on RSU vesting.
- Footnote: Shares were withheld for taxes upon vesting of RSUs under the Optimum Communications, Inc. 2017 Long Term Incentive Plan (F1).
- Shares owned after transaction: not stated in the provided excerpt of the filing.
- Filing timeliness: Reported on 2026-04-10 for an 2026-04-08 transaction — appears to meet the typical Form 4 reporting window.
Context
- This was a tax-withholding disposition tied to RSU vesting (a routine corporate payroll/tax action), not an open-market sale indicating active investment sentiment.
- For retail investors: withholdings on vested awards are common and usually do not signal insider views on the company’s stock direction; purchases are generally more informative about insider conviction.