Insider Purchase by SUBIN NEIL S (10% Owner)
Trade Summary
1 month ago, SUBIN NEIL S, serving as 10% owner Owner at Optimum Communications, Inc. (OPTU), purchased 3,032,354 shares at $0.81 per share, for a total transaction value of $2,454,821.55. Following this transaction, SUBIN NEIL S now holds 19,549,309 shares of OPTU.
This purchase represents a 18.36% increase in SUBIN NEIL S's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Wednesday, July 29, 2026 and publicly disclosed via SEC Form 4 filing on Saturday, August 29, 2026 (accepted Aug 28, 9:37 PM ET), 31 days after the trade was made.
Optimum Communications, Inc. operates in the COMMUNICATION SERVICES sector, specifically within the TELECOM SERVICES industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$0.81
Quantity
3,032,354
Total Value
$2,454,821.55
Shares Owned
19,549,309
Trade Date
36 days ago
SEC Filing Date
(accepted Aug 28, 9:37 PM ET)
Filed 31 days after trade
Discussion