Sec Form 4 Filing - Next Alt S.a.r.l. @ Optimum Communications, Inc. - 2026-05-29

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Next Alt S.a.r.l.
2. Issuer Name and Ticker or Trading Symbol
Optimum Communications, Inc. [ OPTU]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
14, RUE ROBERT STUMPER
3. Date of Earliest Transaction (MM/DD/YY)
05/29/2026
(Street)
GRAND DUCHY OF LUXEMBOURGL-2557
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A common stock 05/29/2026( 1 )( 2 ) 05/29/2026( 1 )( 2 ) D 5,846,652 ( 1 ) D 0 D ( 2 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B common stock $ 0 ( 4 ) 05/29/2026( 2 )( 3 ) 05/29/2026( 2 )( 3 ) D 74,153,348 ( 4 ) ( 4 ) Class A common stock 74,153,348 $ 0 108,731,066 D ( 2 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Next Alt S.a.r.l.
14, RUE ROBERT STUMPER
GRAND DUCHY OF LUXEMBOURGL-2557
X X
Drahi Patrick
14, RUE ROBERT STUMPER
GRAND DUCHY OF LUXEMBOURGL-2557
X X
Signatures
Next Alt S.a r.l. By: /s/ Armelle Koelf Armelle Koelf, pursuant to power of attorney for Next Alt S.a r.l. 06/02/2026
Signature of Reporting Person Date
By: /s/ Armelle Koelf Armelle Koelf, pursuant to power of attorney for Patrick Drahi 06/02/2026
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On May 29, 2026, Next Alt S.a r.l. agreed to contribute 5,846,652 shares of Class A common stock of the issuer to Next Partner, L.P., an entity owned and controlled by Next Alt S.a r.l. On May 29, 2026, Next Partner agreed to deliver an aggregate of 5,846,652 shares of Class A common stock of the issuer to CSC Investments II LLC ("CSC"), a wholly-owned subsidiary of the issuer, in exchange for 14,616.63 Preferred Units in CSC. The exchange was approved in advance by the Board of Directors of the issuer pursuant to Rule 16b-3(e) under the Securities Exchange Act of 1934.
( 2 )Next Alt S.a r.l. is an indirect wholly controlled personal holding company of Patrick Drahi. Next Alt S.a r.l. is a party to a stockholders agreement with the issuer pursuant to which Next Alt S.a r.l. has certain rights to appoint directors of the issuer. Each Reporting Person disclaims beneficial ownership of all interests reported on this Form 4 except to the extent of such Reporting Person's pecuniary interests.
( 3 )On May 29, 2026, Next Alt S.a r.l. agreed to contribute 74,153,348 shares of Class B common stock of the issuer to Next Partner, L.P., an entity owned and controlled by Next Alt S.a r.l. On May 29, 2026, Next Partner agreed to deliver an aggregate of 74,153,348 shares of Class B common stock of the issuer to CSC Investments II LLC ("CSC"), a wholly-owned subsidiary of the issuer, in exchange for 185,383.37 Preferred Units in CSC. The exchange was approved in advance by the Board of Directors of the issuer pursuant to Rule 16b-3(e) under the Securities Exchange Act of 1934.
( 4 )Each share of Class B common stock of the issuer is convertible into one share of Class A common stock of the issuer for no consideration.

Remarks:
Exhibit List: Exhibit 24.1 - Power of Attorney for Next Alt S.a r.l; Exhibit 24.2 - Power of Attorney for Patrick Drahi

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