v3.25.4
SHARE-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Share-based Compensation, Stock Options, Activity
The following table summarizes activity related to stock options granted to our employees:
 Shares Under OptionWeighted Average
Exercise
Price Per Share		Weighted Average Remaining
Contractual Term
(in years)
 Time
Vesting		Aggregate Intrinsic
Value (a)
Balance at December 31, 202251,075,675 $20.27 7.73$184 
Granted640 4.69 
Forfeited(3,525,176)21.94 
Exchanged and Cancelled (b)(24,015,508)20.72 
Balance at December 31, 202323,535,631 19.55 5.98— 
Forfeited and Cancelled(6,293,905)22.69 
Balance at December 31, 202417,241,726 18.40 5.72— 
Forfeited and Cancelled(199,049)13.83 
Balance at December 31, 202517,042,677 18.46 4.71— 
Options exercisable at December 31, 202516,219,761 19.10 4.61— 
(a)The aggregate intrinsic value is calculated as the difference between the exercise price and the closing price of Optimum Communications' Class A common stock at the respective date.
(b)Options exchanged and cancelled in connection with our stock option exchange program discussed below.
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award
The following table presents share-based compensation expense (benefit) and unrecognized compensation cost:
Share-Based CompensationUnrecognized Compensation Cost
as of December 31, 2025
202520242023
Awards issued pursuant to LTIP:
Stock option awards (a)$1,385 $997 $(3,850)$533 
Performance stock units (a)1,508 (2,053)(12,757)183 
Restricted share units 39,413 47,222 33,809 36,959 
Cash denominated performance awards21,207 16,426 7,674 63,651 
Other574 4,570 23,050 — 
$64,087 $67,162 $47,926 $101,326 
(a)The benefit for the year ended December 31, 2024 reflects credits due to forfeitures. The benefit for the year ended December 31, 2023 includes credits due to the modification of awards to certain former executive officers and other forfeitures.