Next Alt S.a.r.l. - 29 May 2026 Form 4 Insider Report for Optimum Communications, Inc. (OPTU)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: OPTU
Reported as of: 29 May 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Jun 2026, 17:01:14 UTC
Prior SEC filing: 26 Dec 2024
Source filing: View source filing
Reporting owner signature: Next Alt S.a r.l. By: /s/ Armelle Koelf Armelle Koelf, pursuant to power of attorney for Next Alt S.a r.l.

Key filing fact

Next Alt S.a.r.l. filed Form 4 for Optimum Communications, Inc. (OPTU) on 02 Jun 2026.

Key facts

This page summarizes Next Alt S.a.r.l.'s Form 4 filing for Optimum Communications, Inc. (OPTU).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 02 Jun 2026, 17:01.

Change

Previous filing in this sequence was filed on 26 Dec 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (2)

CIK 0001709662 Primary reporting owner

Next Alt S.a.r.l.

Relationship: Director, 10%+ Owner
Address: 14, RUE ROBERT STUMPER, GRAND DUCHY OF LUXEMBOURG, LUXEMBOURG
Signature: Next Alt S.a r.l. By: /s/ Armelle Koelf Armelle Koelf, pursuant to power of attorney for Next Alt S.a r.l.
Signature date: 02 Jun 2026

CIK 0001709689

Drahi Patrick

Relationship: Director, 10%+ Owner
Address: 14, RUE ROBERT STUMPER, GRAND DUCHY OF LUXEMBOURG, LUXEMBOURG
Signature: By: /s/ Armelle Koelf Armelle Koelf, pursuant to power of attorney for Patrick Drahi
Signature date: 02 Jun 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OPTU transaction

Class A common stock

Disposed to Issuer

Transaction value
Shares: -5,846,652
Change %: -100%
Price
Shares after: 0
Date: 29 May 2026
Ownership: Direct
Footnotes: F1, F2

OPTU transaction

Class A common stock

Disposed to Issuer

Transaction value
Shares: -5,846,652
Change %: -100%
Price
Shares after: 0
Date: 29 May 2026
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OPTU transaction Derivative

Class B common stock

Disposed to Issuer

Transaction value
Shares: -74,153,348
Change %: -41%
Price: $0.000000^*
Shares after: 108,731,066
Date: 29 May 2026
Ownership: Direct
Underlying class: Class A common stock
Underlying amount: 74,153,348
Exercise price: $0.000000
Footnotes: F2, F3, F4

OPTU transaction Derivative

Class B common stock

Disposed to Issuer

Transaction value
Shares: -74,153,348
Change %: -41%
Price: $0.000000^*
Shares after: 108,731,066
Date: 29 May 2026
Ownership: Direct
Underlying class: Class A common stock
Underlying amount: 74,153,348
Exercise price: $0.000000
Footnotes: F2, F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

On May 29, 2026, Next Alt S.a r.l. agreed to contribute 5,846,652 shares of Class A common stock of the issuer to Next Partner, L.P., an entity owned and controlled by Next Alt S.a r.l. On May 29, 2026, Next Partner agreed to deliver an aggregate of 5,846,652 shares of Class A common stock of the issuer to CSC Investments II LLC ("CSC"), a wholly-owned subsidiary of the issuer, in exchange for 14,616.63 Preferred Units in CSC. The exchange was approved in advance by the Board of Directors of the issuer pursuant to Rule 16b-3(e) under the Securities Exchange Act of 1934.

Footnote F2

Next Alt S.a r.l. is an indirect wholly controlled personal holding company of Patrick Drahi. Next Alt S.a r.l. is a party to a stockholders agreement with the issuer pursuant to which Next Alt S.a r.l. has certain rights to appoint directors of the issuer. Each Reporting Person disclaims beneficial ownership of all interests reported on this Form 4 except to the extent of such Reporting Person's pecuniary interests.

Footnote F3

On May 29, 2026, Next Alt S.a r.l. agreed to contribute 74,153,348 shares of Class B common stock of the issuer to Next Partner, L.P., an entity owned and controlled by Next Alt S.a r.l. On May 29, 2026, Next Partner agreed to deliver an aggregate of 74,153,348 shares of Class B common stock of the issuer to CSC Investments II LLC ("CSC"), a wholly-owned subsidiary of the issuer, in exchange for 185,383.37 Preferred Units in CSC. The exchange was approved in advance by the Board of Directors of the issuer pursuant to Rule 16b-3(e) under the Securities Exchange Act of 1934.

Footnote F4

Each share of Class B common stock of the issuer is convertible into one share of Class A common stock of the issuer for no consideration.

SEC remarks

Exhibit List: Exhibit 24.1 - Power of Attorney for Next Alt S.a r.l; Exhibit 24.2 - Power of Attorney for Patrick Drahi