Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
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UNDER THE SECURITIES EXCHANGE ACT OF 1934
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Optimum Communications, Inc. (Name of Issuer) |
Class A Common Stock, par value $0.01 per share (Title of Class of Securities) |
02156K103 (CUSIP Number) |
06/05/2026 (Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
 Rule 13d-1(b)
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 Rule 13d-1(c)
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| Rule 13d-1(d)
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SCHEDULE 13G
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| CUSIP No. | 02156K103 |
| 1 | Names of Reporting Persons
SUBIN NEIL S | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
| ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
UNITED STATES
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
15,920,494.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
5.4 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IN |
Comment for Type of Reporting Person: Notes to Items 6, 8 and 9: Represents 15,920,494 shares of Class A Common Stock, par value $0.01 per share ("Class A Common Shares"), of Optimum Communications, Inc. (the "Issuer") owned by Dark Mirage, LP. MILFAM LLC is the investment advisor of Dark Mirage, LP and therefore may be deemed the beneficial owner of the Class A Common Shares owned by Dark Mirage, LP. MILFAM GP, LLC is the general partner of Dark Mirage, LP and therefore may be deemed the beneficial owner of the Class A Common Shares owned by Dark Mirage, LP. Mr. Subin is the President and Manager of MILFAM LLC, which is the Manager of MILFAM GP, LLC, consequently, he may also be deemed the beneficial owner of the Class A Common Shares owned by Dark Mirage, LP. Mr. Subin, MILFAM GP, LLC and MILFAM LLC (each of which is hereinafter individually referred to as a "Reporting Person" and, collectively, as the "Reporting Persons") each disclaims beneficial ownership of any Class A Common Shares other than to the extent he or it may have a pecuniary interest therein. Note to Item 11: The percentage reported in this Schedule 13G is based upon 293,263,749 Class A Common Shares outstanding according to the Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026, filed by the Issuer with the U.S. Securities and Exchange Commission on May 7, 2026 (the "Form 10-Q").
SCHEDULE 13G
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| CUSIP No. | 02156K103 |
| 1 | Names of Reporting Persons
MILFAM LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
| ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
UNITED STATES
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
15,920,494.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
5.4 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
OO |
Comment for Type of Reporting Person: Notes to Items 6, 8 and 9: Represents 15,920,494 Class A Common Shares owned by Dark Mirage, LP. MILFAM LLC is the investment advisor of Dark Mirage, LP and therefore may be deemed the beneficial owner of the Class A Common Shares owned by Dark Mirage, LP. MILFAM LLC disclaims beneficial ownership of any Class A Common Shares other than to the extent it may have a pecuniary interest therein. Note to Item 11: The percentage reported in this Schedule 13G is based upon 293,263,749 Class A Common Shares outstanding according to the Form 10-Q.
SCHEDULE 13G
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| CUSIP No. | 02156K103 |
| 1 | Names of Reporting Persons
MILFAM GP, LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
| ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
UNITED STATES
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
15,920,494.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
5.4 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
OO |
Comment for Type of Reporting Person: Notes to Items 6, 8 and 9: Represents 15,920,494 Class A Common Shares owned by Dark Mirage, LP. MILFAM GP, LLC is the general partner of Dark Mirage, LP and therefore may be deemed the beneficial owner of the Class A Common Shares owned by Dark Mirage, LP. MILFAM GP, LLC disclaims beneficial ownership of any Class A Common Shares other than to the extent it may have a pecuniary interest therein. Note to Item 11: The percentage reported in this Schedule 13G is based upon 293,263,749 Class A Common Shares outstanding according to the Form 10-Q.
SCHEDULE 13G
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| CUSIP No. | 02156K103 |
| 1 | Names of Reporting Persons
Dark Mirage, LP | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
| ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
UNITED STATES
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
15,920,494.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
5.4 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
PN |
Comment for Type of Reporting Person: Notes to Items 6, 8 and 9: Represents 15,920,494 Class A Common Shares owned by Dark Mirage, LP. Note to Item 11: The percentage reported in this Schedule 13G is based upon 293,263,749 Class A Common Shares outstanding according to the Form 10-Q.
SCHEDULE 13G
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| Item 1. | ||
| (a) | Name of issuer:
Optimum Communications, Inc. | |
| (b) | Address of issuer's principal executive offices:
1 Court Square West, Long Island City, New York 11101 | |
| Item 2. | ||
| (a) | Name of person filing:
This Schedule 13G is filed by the Reporting Persons. Mr. Subin is the President and Manager of MILFAM LLC, which serves as the investment advisor, of Dark Mirage, LP. MILFAM LLC is the Manager of MILFAM GP, LLC, which serves as the general partner of Dark Mirage, LP. | |
| (b) | Address or principal business office or, if none, residence:
The address of each Reporting Person is 2336 SE Ocean Blvd, Suite 400, Stuart, Florida 34996 | |
| (c) | Citizenship:
Mr. Subin is a citizen of the United States. MILFAM LLC, MILFAM GP, LLC and Dark Mirage, LP are all organized in the State of Delaware. | |
| (d) | Title of class of securities:
Class A Common Stock, par value $0.01 per share | |
| (e) | CUSIP No.:
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| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | |
| (a) | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
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| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
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| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
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| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
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| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
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| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
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| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
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| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution: | |
| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
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| Item 4. | Ownership | |
| (a) | Amount beneficially owned:
The information set forth in rows 5-11 (including the comments thereto) on the cover pages to this Schedule 13G with respect to each of the Reporting Persons is hereby incorporated by reference herein. | |
| (b) | Percent of class:
5.4 %. The information set forth in row 11 (including the comments thereto) on the cover pages to this Schedule 13G with respect to each of the Reporting Persons is hereby incorporated by reference herein. %
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| (c) | Number of shares as to which the person has:
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| (i) Sole power to vote or to direct the vote:
The information set forth in row 5 (including the comments thereto) on the cover pages to this Schedule 13G with respect to each of the Reporting Persons is hereby incorporated by reference herein. | ||
| (ii) Shared power to vote or to direct the vote:
The information set forth in row 6 (including the comments thereto) on the cover pages to this Schedule 13G with respect to each of the Reporting Persons is hereby incorporated by reference herein. | ||
| (iii) Sole power to dispose or to direct the disposition of:
The information set forth in row 7 (including the comments thereto) on the cover pages to this Schedule 13G with respect to each of the Reporting Persons is hereby incorporated by reference herein. | ||
| (iv) Shared power to dispose or to direct the disposition of:
The information set forth in row 8 (including the comments thereto) on the cover pages to this Schedule 13G with respect to each of the Reporting Persons is hereby incorporated by reference herein. | ||
| Item 5. | Ownership of 5 Percent or Less of a Class. | |
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. | |
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Other persons have the right to receive and the power to direct the receipt of dividends from, or the proceeds from the sale of the Class A Common Shares owned by Dark Mirage, LP. | ||
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. | |
Not Applicable
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| Item 8. | Identification and Classification of Members of the Group. | |
Not Applicable
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| Item 9. | Notice of Dissolution of Group. | |
Not Applicable
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| Item 10. | Certifications: |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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