secwatch.observer — SEC 8-K summary
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Issuer:     Optimum Communications, Inc. (OPTU)
CIK:        0001702780
Form:       8-K
Filed at:   2024-12-20T23:59:59+00:00
Accession:  0001628280-24-052246
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Altice USA grants CEO Dennis Mathew $5.0M cash performance award tied to FY2027 targets
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- Cash performance award of $5.0 million approved by Compensation Committee on Dec 18, 2024.
- Vesting based on achievement of specific revenue and adjusted EBITDA targets for fiscal year 2027.
- May be settled in cash or shares of Class A common stock at committee's discretion.
- Award granted under the Amended and Restated Altice USA 2017 Long Term Incentive Plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702780/000162828024052246/0001628280-24-052246-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702780/000162828024052246/atus-20241218.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-052246

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