Neil S. Subin, together with affiliated entities MILFAM LLC, MILFAM GP, LLC, and Dark Mirage, LP, filed Amendment No. 2 to Schedule 13G with the SEC on October 26, 2026, disclosing beneficial ownership of 21,777,316 Class A Common Shares of Optimum Communications, Inc. as of October 22, 2026.

Key Highlights

  • Triggering event date: October 22, 2026, identified in the filing as the date of the event requiring submission of this statement.
  • Shares reported: Each of the four reporting persons discloses aggregate beneficial ownership of 21,777,316 shares of Class A Common Stock, par value $0.01 per share, of Optimum Communications, Inc.
  • Percent of class: The reported position represents 13.3% of Class A Common Shares outstanding, calculated against a base of 163,699,534 Class A shares.
  • Voting and dispositive power: All 21,777,316 shares are held with shared voting power and shared dispositive power; sole voting and sole dispositive power are each reported as 0.
  • Direct holder: The shares are held directly by Dark Mirage, LP, a Delaware limited partnership; MILFAM LLC serves as its investment advisor and MILFAM GP, LLC as its general partner.
  • Ownership share base: The 13.3% figure is derived from 272,565,547 aggregate shares outstanding as of July 31, 2026, less 108,866,013 Class B shares outstanding as of June 30, 2026, as disclosed in the issuer's quarterly report filed August 6, 2026.

Dark Mirage, LP Stake in Optimum Communications Detailed in Amendment

According to the filing, Optimum Communications, Inc. is headquartered at 1 Court Square West, Long Island City, New York 11101, and has two classes of common stock outstanding: Class A Common Stock (CUSIP 02156K103) and Class B Common Stock. The combined outstanding share count, as referenced in the filing, stood at 272,565,547 as of July 31, 2026. The reporting persons' position covers only Class A shares, and the percentage calculation adjusts for the separate Class B share count to arrive at the 163,699,534 Class A share base used in the 13.3% figure.

The filing identifies four reporting persons: Neil S. Subin (an individual), MILFAM LLC (organized in Delaware), MILFAM GP, LLC (organized in Delaware), and Dark Mirage, LP (organized in Delaware), each with a principal address of 2336 SE Ocean Blvd, Suite 400, Stuart, Florida 34996. According to the filing, Mr. Subin serves as President and Manager of MILFAM LLC, which is itself the Manager of MILFAM GP, LLC. Because MILFAM LLC acts as investment advisor to Dark Mirage, LP and MILFAM GP, LLC acts as general partner of Dark Mirage, LP, Mr. Subin "may also be deemed the beneficial owner" of the shares held by the fund. The filing further states that each reporting person "disclaims beneficial ownership of any Class A Common Shares other than to the extent he or it may have a pecuniary interest therein."

No sole voting or sole dispositive power over any shares is reported by any of the four reporting persons. All voting and dispositive authority over the 21,777,316 Class A Common Shares is characterized as shared across the reporting persons, consistent with the fund structure described in the filing.

What Was Disclosed

This Amendment No. 2 to Schedule 13G, filed October 26, 2026, reports that Dark Mirage, LP, together with affiliated persons Neil S. Subin, MILFAM LLC, and MILFAM GP, LLC, beneficially own 21,777,316 Class A Common Shares of Optimum Communications, Inc., equal to 13.3% of that class.