Optimum Communications General Counsel Disposes of $25,800 in Stock as Company Faces Financing and Executive Changes
Optimum Communications (NASDAQ: OPTU) General Counsel and CCRO Michael Olsen sold 20,000 Class A shares on April 1, 2026, for $1.29 each, netting $25,800. The transaction was executed under a Rule 10b5-1 plan adopted December 1, 2025, and leaves Olsen with 1,219,781 directly held shares. The company has simultaneously moved to shore up liquidity wi…