Altice USA Files 8-K on Officer/Director Changes, Compensation
Ticker: OPTU · Form: 8-K · Filed: Jan 17, 2024 · CIK: 1702780
| Field | Detail |
|---|---|
| Company | Altice USA, Inc. (OPTU) |
| Form Type | 8-K |
| Filed Date | Jan 17, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01, $1,250,000, $3,000,000 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: executive-changes, compensation, corporate-governance
TL;DR
**Altice USA just filed an 8-K about executive changes and pay, keep an eye out for details.**
AI Summary
Altice USA, Inc. filed an 8-K on January 17, 2024, to report an event related to the departure or election of directors or officers, and compensatory arrangements for certain officers. This filing indicates potential changes in leadership or executive compensation, which could impact the company's strategic direction and financial performance. Investors should monitor subsequent filings for specific details on these changes, as they could signal shifts in corporate governance or operational focus.
Why It Matters
Changes in executive leadership or compensation can signal shifts in company strategy, financial health, or governance, directly influencing investor confidence and stock valuation.
Risk Assessment
Risk Level: medium — The filing indicates potential changes in leadership or compensation without providing specific details, creating uncertainty about future company direction and stability.
Analyst Insight
Investors should closely monitor Altice USA's future disclosures for specific details on the reported executive and compensation changes, as these will provide clarity on the company's strategic direction and potential impact on its stock.
Key Players & Entities
- Altice USA, Inc. (company) — the registrant filing the 8-K
- January 17, 2024 (date) — date of the earliest event reported and filing date
- 001-38126 (string) — Commission File Number for Altice USA, Inc.
Forward-Looking Statements
- Altice USA will provide specific details regarding the executive changes and compensation arrangements in a subsequent filing or press release. (Altice USA, Inc.) — high confidence, target: Q1 2024
FAQ
What is the primary purpose of Altice USA, Inc.'s 8-K filing on January 17, 2024?
The primary purpose of Altice USA, Inc.'s 8-K filing on January 17, 2024, is to report events concerning the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers'.
What is the filing date of this 8-K for Altice USA, Inc.?
The filing date of this 8-K for Altice USA, Inc. is January 17, 2024, which is also the date of the earliest event reported.
What is Altice USA, Inc.'s Commission File Number as stated in the filing?
Altice USA, Inc.'s Commission File Number, as stated in the filing, is 001-38126.
Where are Altice USA, Inc.'s principal executive offices located according to the filing?
According to the filing, Altice USA, Inc.'s principal executive offices are located at 1 Court Square West, Long Island City, New York 11101.
Is Altice USA, Inc. identified as an emerging growth company in this 8-K filing?
No, Altice USA, Inc. is not identified as an emerging growth company in this 8-K filing, as indicated by the unchecked box next to 'Emerging growth company'.
Filing Stats: 458 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2024-01-17 17:25:11
Key Financial Figures
- $0.01 — stered Class A Common Stock, par value $0.01 per share ATUS New York Stock Exchange
- $1,250,000 — , Mr. Mathew's base salary increased to $1,250,000 and his target annual cash incentive aw
- $3,000,000 — nnual cash incentive award increased to $3,000,000, and Mr. Sirota's base salary increased
Filing Documents
- atus-20240117.htm (8-K) — 28KB
- atus-20240117_g1.jpg (GRAPHIC) — 16KB
- 0001628280-24-001539.txt ( ) — 194KB
- atus-20240117.xsd (EX-101.SCH) — 2KB
- atus-20240117_lab.xml (EX-101.LAB) — 24KB
- atus-20240117_pre.xml (EX-101.PRE) — 12KB
- atus-20240117_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ALTICE USA, INC. Dated: January 17, 2024 By: /s/ Michael E. Olsen Michael E. Olsen General Counsel and Chief Corporate Responsibility Officer