Optimum Communications approves USD 5 million deferred cash award for CEO Dennis Mathew
Optimum Communications, Inc. Class A OPTU | 0.00 |
Optimum Communications said its board compensation committee approved deferred cash awards as part of the 2026 long-term incentive program, with one-third vesting on December 14 of 2026, 2027 and 2028. Dennis Mathew received a deferred cash award valued at 5 million, and Marc Sirota received 1.75 million. Michael Olsen received 1.5 million, and Michael Parker received 1.13 million. The deferred cash awards represent 50% of the 2026 long-term incentive program, with the other 50% expected to be granted as a cash performance award. The company also said executive bonus plan targets will be set and assessed quarterly rather than annually, with payments made after each quarter.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Optimum Communications Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001702780-26-000016), on March 13, 2026, and is solely responsible for the information contained therein.
