Optical Cable (NASDAQ: OCC) director reports sale of 2,400 company shares
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
OPTICAL CABLE CORP director Craig H. Weber reported open-market sales of 2,400 shares of Common Stock. The sales occurred on June 22 and June 23 at prices between $23.00 and $23.45 per share. After these transactions, he directly holds 227,607 shares of the company’s stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,400 shares ($55,322)
Net Sell
5 txns
Insider
WEBER CRAIG H
Role
null
Sold
2,400 shs ($55K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 739 | $23.1543 | $17K |
| Sale | Common Stock | 1,252 | $23.00 | $29K |
| Sale | Common Stock | 300 | $23.01 | $7K |
| Sale | Common Stock | 106 | $23.03 | $2K |
| Sale | Common Stock | 3 | $23.45 | $70.35 |
Holdings After Transaction:
Common Stock — 227,607 shares (Direct, null)
Footnotes (1)
Key Figures
Total shares sold: 2,400 shares
Sale price range: $23.00–$23.45 per share
Largest single sale: 1,252 shares
+2 more
5 metrics
Total shares sold
2,400 shares
Aggregate open-market sales on June 22–23, 2026
Sale price range
$23.00–$23.45 per share
Reported transaction prices for Common Stock sales
Largest single sale
1,252 shares
Single transaction at $23.00 per share on June 22, 2026
Shares held after transactions
227,607 shares
Direct ownership following June 23, 2026 sale
Number of sale transactions
5 transactions
Non-derivative open-market sales reported in Form 4/A
Key Terms
open-market sale, transaction_code, non-derivative, derivative
4 terms
open-market sale financial
"transaction_action": "open-market sale""
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.
transaction_code regulatory
""transaction_code": "S""
non-derivative financial
""transaction_type": "non-derivative""
derivative financial
""derivativeSummary": []"
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
FAQ
What type of transactions were reported for OCC in this Form 4/A?
All reported transactions are open-market sales of OPTICAL CABLE CORP Common Stock. The filing uses transaction code “S” and describes each as a “Sale in open market or private transaction,” with no derivative exercises or gifts disclosed.
Were derivatives involved in Craig H. Weber’s OCC transactions?
No derivatives were involved in these transactions. The filing lists only non-derivative Common Stock with code “S” for open-market sales, and the derivative section of the summary is empty, indicating no option exercises or convertible security activity.