Trade Summary
5 days ago, Olsen Michael, serving as GC, CCRO at Optimum Communications, Inc. (OPTU), sold 250,000 shares at $1.60 per share, for a total transaction value of $400,000.00. Following this transaction, Olsen Michael now holds 1,496,277 shares of OPTU.
This sale represents a 14.00% decrease in Olsen Michael's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Tuesday, February 17, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, February 19, 2026, 2 days after the trade was made.
Optimum Communications, Inc. operates in the COMMUNICATION SERVICES sector, specifically within the TELECOM SERVICES industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.