Optimum Communications down 36% since Neil S. Subin's $2.2M buy
- Insider
- Neil S Subin
- Company
- Optimum Communications, Inc. (OPTU)
- Transaction
- Buy
- Shares
- 2.6M
- Amount
- $2.2M
- Trade date
- Aug 19, 2026
- Filed
- Aug 28, 2026, 9 days after the trade
- Source
- SEC Form 4 ↗
Optimum Communications, Inc. has dropped 35.9% from the first close after a purchase by 10% owner Neil S Subin. The filer bought 2.6M shares at $0.84 on August 19, 2026, for a total of $2.2M.
The purchase was reported to the SEC on August 28, 2026, 9 days after the trade. Measured from the first close after the filing ($0.97 on Aug 31, 2026), the change is −42.5%.
The stock traded at $0.56 at 10:45 ET on October 22, 2026, delayed by 15 to 20 minutes. No sales by Neil S Subin in the company have been reported since, 64 days after the purchase.
OPTU +10.0% on the day, close Oct 30
Since purchase−35.9%$0.87 → $0.56 at 10:45 ET
Since filing−42.5%$0.97 on Aug 31 → $0.56
Purchase$2.2M2.6M shares on Aug 19, 2026
Days since purchase64No sales by this filer since
Price since the purchase
Daily close · USD0%
−30%
Aug 20 · first close $0.87Oct 22 · $0.56
PurchaseFirst close below −30%