Goei Dexter 4

What Happened
Director Dexter Goei transferred (disposition to issuer) 2,610,400 shares of Optimum Communications Class A common stock to CSC Investments II LLC, a wholly‑owned subsidiary of the company, in exchange for 6,526 Preferred Units in CSC. No cash price per share or dollar value was reported for the transaction (price listed as N/A).

Key Details

• Transaction date: May 29, 2026 (Form 4 filed June 2, 2026). The filing appears timely (filed within the standard two business days after the transaction).
• Transaction type/code: Disposition to issuer (D) — non‑cash exchange of shares for preferred units.
• Shares transferred: 2,610,400 Class A common shares.
• Consideration received: 6,526 Preferred Units in CSC Investments II LLC.
• Price/value: Not reported (N/A) in the filing.
• Footnote: The exchange was pre‑approved by Optimum’s Board under Rule 16b‑3(e) of the Securities Exchange Act of 1934.
• Shares owned after transaction: Not specified in the disclosed filing.

Context
This was not an open‑market sale for cash but a contribution of shares to a company subsidiary in exchange for preferred units. Such intracompany exchanges are typically corporate restructurings or recapitalizations and do not necessarily signal the insider’s view of the market. The board’s pre‑approval under Rule 16b‑3(e) indicates the transaction followed an authorized procedure for insider transfers to the issuer or its subsidiary.