secwatch.observer — SEC 8-K summary
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Issuer:     Optimum Communications, Inc. (OPTU)
CIK:        0001702780
Form:       8-K
Filed at:   2023-05-05T23:59:59+00:00
Accession:  0001628280-23-016197
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Altice USA promotes Michael Olsen to GC & Chief Corporate Responsibility Officer with comp changes
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- Michael E. Olsen promoted to General Counsel & Chief Corporate Responsibility Officer effective May 4, 2023.
- Annual salary raised to $500,000 in May 2023, increasing to $575,000 effective March 1, 2024.
- 2023 target LTI increased to $2.75M (incremental $750K grant in June 2023); 2024 target LTI set at $3.0M.
- One-time cash bonus of $100,000 payable in May 2023; target cash incentive remains 100% of salary.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702780/000162828023016197/0001628280-23-016197-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702780/000162828023016197/atus-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-016197

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