Optical Cable (OCC) CEO executes 25,000-share open-market stock sale
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
OPTICAL CABLE CORP director and executive Neil D. Wilkin, Jr., who is listed as Chairman, President, CEO and a ten percent owner, reported open-market sales of 25,000 shares of common stock. The trades occurred on June 29–30, 2026 across multiple transactions at prices around $20.68–$21.82 per share.
All reported sales were direct holdings and coded as open-market or private transaction sales. The filing also lists indirect holdings in the names of his children and Wilkin Capital Fund I, LLC, and explicitly states that he disclaims beneficial ownership of securities held by his children for Section 16 purposes.
Positive
- None.
Negative
- None.
Insights
CEO reports 25,000-share open-market sale, routine in scale.
Neil D. Wilkin, Jr., Chairman, President, CEO and a ten percent owner of OPTICAL CABLE CORP, disclosed open-market sales totaling 25,000 common shares over June 29–30, 2026. Prices ranged from about $20.68 to $21.82 per share across 24 separate trades.
These are straightforward Section 16 sales (transaction code S) of non-derivative common stock, with no option exercises, gifts, or tax-withholding events reported. The filing also notes indirect holdings through Wilkin Capital Fund I, LLC and family accounts, while expressly disclaiming beneficial ownership of his children’s shares.
On the information provided, this appears as a routine insider net-sell pattern rather than a structural change. Subsequent company filings may provide additional context on overall ownership levels or any trading plans, but those details are not included in this data.
Insider Trade Summary
Net Seller: 25,000 shares ($532,916)
Net Sell
29 txns
Insider
WILKIN NEIL D JR
Role
Chairman, President and CEO
Sold
25,000 shs ($533K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,679 | $20.68 | $55K |
| Sale | Common Stock | 258 | $20.695 | $5K |
| Sale | Common Stock | 1,010 | $20.735 | $21K |
| Sale | Common Stock | 42 | $20.775 | $872.55 |
| Sale | Common Stock | 100 | $20.805 | $2K |
| Sale | Common Stock | 3,188 | $21.68 | $69K |
| Sale | Common Stock | 400 | $21.685 | $9K |
| Sale | Common Stock | 658 | $21.69 | $14K |
| Sale | Common Stock | 4,986 | $21.70 | $108K |
| Sale | Common Stock | 62 | $21.705 | $1K |
| Sale | Common Stock | 485 | $21.71 | $11K |
| Sale | Common Stock | 400 | $21.72 | $9K |
| Sale | Common Stock | 100 | $21.725 | $2K |
| Sale | Common Stock | 6 | $21.73 | $130.38 |
| Sale | Common Stock | 600 | $21.735 | $13K |
| Sale | Common Stock | 200 | $21.74 | $4K |
| Sale | Common Stock | 3,915 | $21.815 | $85K |
| Sale | Common Stock | 2,793 | $20.68 | $58K |
| Sale | Common Stock | 130 | $20.69 | $3K |
| Sale | Common Stock | 100 | $20.70 | $2K |
| Sale | Common Stock | 1,058 | $20.705 | $22K |
| Sale | Common Stock | 830 | $20.71 | $17K |
| Sale | Common Stock | 100 | $20.72 | $2K |
| Sale | Common Stock | 900 | $20.75 | $19K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,026,565 shares (Direct, null);
Common Stock — 22,595 shares (Indirect, By Wilkin Capital Fund I, LLC)
Footnotes (1)
- The shares are held by Wilkin Capital Fund I, LLC for the benefit of Neil D. Wilkin, Jr. The reporting person disclaims beneficial ownership of all securities held by his children, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
Key Figures
Total shares sold: 25,000 shares
Highest reported sale price: $21.815 per share
Lowest reported sale price: $20.680 per share
+3 more
6 metrics
Total shares sold
25,000 shares
Aggregate open-market sales on June 29–30, 2026
Highest reported sale price
$21.815 per share
Common stock sale on June 30, 2026
Lowest reported sale price
$20.680 per share
Common stock sale on June 29–30, 2026
Number of sale transactions
24 trades
Non-derivative open-market sales, transaction code S
Indirect holding by Wilkin Capital Fund I, LLC
22,595 shares
Indirect ownership entry as of June 29, 2026
Indirect holding by son
315 shares
Indirect ownership "By Son" as of June 29, 2026
Key Terms
open-market sale, beneficial ownership, indirect ownership, Section 16, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale" with code S for common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of all securities held by his children"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
indirect ownership financial
"direct_or_indirect: "I" with nature_of_ownership such as "By Son" or LLC"
Section 16 regulatory
"not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
ten percent owner regulatory
"reporting person is_ten_percent_owner: 1 in insider details"
FAQ
At what prices did the OCC insider sales by Neil D. Wilkin Jr. occur?
The reported sales occurred at prices ranging from about $20.68 to $21.82 per share. Each transaction entry lists a specific sale price, reflecting multiple small trades around the low‑$20 range over two trading days.
What type of transactions did Neil D. Wilkin Jr. report in this OCC Form 4/A?
All reportable trades are open-market sale transactions in common stock with transaction code S. The filing shows non-derivative sales only, with no option exercises, gifts, tax-withholding dispositions, or derivative security activity disclosed for these dates.
Does Neil D. Wilkin Jr. have indirect holdings of OPTICAL CABLE CORP stock?
Yes. The filing lists indirect holdings described as held by his son, three daughters, and Wilkin Capital Fund I, LLC. It also states that he disclaims beneficial ownership of all securities held by his children for Section 16 and any other purpose.
What roles does Neil D. Wilkin Jr. hold at OPTICAL CABLE CORP (OCC)?
Neil D. Wilkin Jr. is identified as a director, Chairman, President, CEO, and a ten percent owner of OPTICAL CABLE CORP. These roles are listed in the insider information section of the Form 4/A.
Were any OCC derivative securities or options involved in this Form 4/A filing?
No derivative transactions are reported in this Form 4/A. The derivativeSummary is empty, and all transactions involve non-derivative common stock sales, with no exercises, conversions, or other derivative-related activities disclosed for these dates.