Optimum (OPTU) 10% Owner Neil Subin Buys Stock

What Happened Neil S. Subin, identified as a 10% owner (through affiliated entities), made a series of purchases of Optimum Communications, Inc. (Class A Common) shares in late July and August 2026. Across eight transactions he acquired a total of 3,032,354 shares at prices between $0.74 and $0.85 per share, for aggregate cash consideration of approximately $2,454,821. These were reported as open market or private purchases (Transaction Code P) — a net purchase activity (generally interpreted as a constructive/bullish signal rather than a sale).

Key Details

• Transaction dates and amounts (qty @ price = value):
  • 2026-07-29: 129,808 @ $0.76 = $98,226
  • 2026-07-30: 732,279 @ $0.74 = $544,083
  • 2026-07-31: 120,958 @ $0.74 = $89,690
  • 2026-08-19: 1,291,471 @ $0.84 = $1,083,673
  • 2026-08-20: 50,536 @ $0.85 = $42,819
  • 2026-08-21: 535,191 @ $0.85 = $452,611
  • 2026-08-24: 171,711 @ $0.83 = $143,379
  • 2026-08-25: 400 @ $0.85 = $340
• Total purchased: 3,032,354 shares for ~$2,454,821.
• Shares owned after transaction: not specified in the provided filing details (the Form 4 as summarized here did not state a post-transaction total).
• Footnote: Purchases are of Class A Common Shares held by Dark Mirage, LP. MILFAM LLC is the investment advisor to Dark Mirage, LP and MILFAM GP, LLC is the general partner; Mr. Subin is President/Manager of those entities and may be deemed the beneficial owner. Each party disclaims beneficial ownership except to the extent of any pecuniary interest. (See F1.)
• Filing/timeliness: Form filed Aug 28, 2026 covering trades dated Jul 29–Aug 25, 2026. No late-filing flag was provided in the summary data supplied.

Context

• These were straightforward purchases (P = Purchase); there is no indication of option exercises, awards, gifts, or tax withholding here.
• As a reported 10% owner acting through affiliated investment entities, Subin’s purchases reflect institutional/insider buying via those entities rather than routine executive compensation transactions.