secwatch.observer — SEC 8-K summary
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Issuer:     Optimum Communications, Inc. (OPTU)
CIK:        0001702780
Form:       8-K
Filed at:   2023-03-22T23:59:59+00:00
Accession:  0001628280-23-008929
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Altice USA grants LTIP awards to CFO, GC, and HR EVP; total RSUs ~1.16M; CPAs $4.625M
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- CFO Marc Sirota: 753,769 RSUs and CPA valued at $3,000,000.
- GC Michael Olsen: 251,256 RSUs and CPA valued at $1,000,000.
- EVP HR Colleen Schmidt: 157,035 RSUs and CPA valued at $625,000.
- RSUs vest equally over 3 years; CPAs vest based on 2023–2025 revenue and adjusted EBITDA targets.
- CPAs may be settled in cash or shares at the Compensation Committee's discretion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702780/000162828023008929/0001628280-23-008929-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702780/000162828023008929/atus-20230317.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-008929

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer