How is the 3,733-share award to OCC director Nygren valued?

The 3,733-share award corresponds to a $50,000 stock retainer. This value is based on a trading price of $13.393 per share, which was used to determine the number of shares granted for the board year.

OCC director receives 3,733-share stock retainer grant

Q: What did OCC director John A. Nygren Jr. receive in this Form 4 filing?

He received a grant of 3,733 OCC common shares as part of his director compensation. The shares are a stock award under the company’s 2017 Stock Incentive Plan for the 2026-2027 board year.

Q: When do John A. Nygren Jr.’s newly granted OCC shares vest?

The 3,733 OCC shares fully vest on June 17, 2027. Until that vesting date, the shares are subject to forfeiture, meaning Nygren’s right to keep them depends on satisfying the vesting conditions through that time.

Q: How many OCC shares does Nygren hold after this stock grant?

After the 3,733-share grant, John A. Nygren Jr. directly holds 99,580 OCC common shares. This total reflects his position following the compensation award reported in this Form 4 insider transaction disclosure.

Q: What plan governs the OCC stock award to director Nygren?

The award was issued under the Optical Cable Corporation 2017 Stock Incentive Plan, as amended. This plan provides for stock-based compensation to directors, with shares subject to vesting and forfeiture terms detailed in the grant award.

Q: Is the OCC director stock award a market purchase or compensation grant?

The 3,733 shares are a compensation grant, not an open-market purchase. They represent the stock portion of Nygren’s annual board retainer, granted at no cash cost to him but subject to future vesting.

Nygren John A Jr reported acquisition or exercise transactions in this Form 4 filing.

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

Nygren John A Jr reported acquisition or exercise transactions in this Form 4 filing.

OPTICAL CABLE CORP director John A. Nygren Jr. received a grant of 3,733 shares of common stock as part of his board compensation. The stock award represents the stock portion of a $50,000 annual retainer for the 2026-2027 board year, calculated at a trading price of $13.393 per share.

The 3,733 shares were issued under the Optical Cable Corporation 2017 Stock Incentive Plan and are subject to forfeiture until they fully vest on June 17, 2027. Following this award, Nygren directly holds 99,580 shares of common stock.

Insider Trade Summary

Grant/Award: 3,733 shares

Grant/Award 1 txn

Insider Nygren John A Jr

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,733	$0.00	$0.00

Holdings After Transaction: Common Stock — 99,580 shares (Direct)

Footnotes (1)

F1. Directors of the Company receive stock and cash as compensation for their services to the Company. Director received an award of 3,733 common shares issued under the Optical Cable Corporation 2017 Stock Incentive Plan, as amended, for the stock portion of the annual retainer for the 2026-2027 board year based on a retainer value of $50,000 at a trading price per share of $13.393. Unless otherwise set forth in the grant award, the 3,733 common shares are subject to forfeiture until they fully vest on June 17, 2027.

Key Figures

Stock grant size: 3,733 shares Retainer value: $50,000 Pricing basis: $13.393 per share +2 more

5 metrics

Stock grant size 3,733 shares Director stock portion of 2026-2027 board retainer

Retainer value $50,000 Stock portion of annual board retainer value

Pricing basis $13.393 per share Trading price used to calculate number of shares granted

Post-grant holdings 99,580 shares Total OCC common shares directly held after grant

Vesting date June 17, 2027 Date when 3,733 granted shares fully vest

Key Terms

stock incentive plan, annual retainer, trading price per share, subject to forfeiture, +1 more

5 terms

stock incentive plan financial

"issued under the Optical Cable Corporation 2017 Stock Incentive Plan, as amended"

A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.

annual retainer financial

"for the stock portion of the annual retainer for the 2026-2027 board year"

subject to forfeiture financial

"the 3,733 common shares are subject to forfeiture until they fully vest"

vest financial

"until they fully vest on June 17, 2027"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did OCC director John A. Nygren Jr. receive in this Form 4 filing?

He received a grant of 3,733 OCC common shares as part of his director compensation. The shares are a stock award under the company’s 2017 Stock Incentive Plan for the 2026-2027 board year.

When do John A. Nygren Jr.’s newly granted OCC shares vest?

The 3,733 OCC shares fully vest on June 17, 2027. Until that vesting date, the shares are subject to forfeiture, meaning Nygren’s right to keep them depends on satisfying the vesting conditions through that time.

How many OCC shares does Nygren hold after this stock grant?

After the 3,733-share grant, John A. Nygren Jr. directly holds 99,580 OCC common shares. This total reflects his position following the compensation award reported in this Form 4 insider transaction disclosure.

What plan governs the OCC stock award to director Nygren?

The award was issued under the Optical Cable Corporation 2017 Stock Incentive Plan, as amended. This plan provides for stock-based compensation to directors, with shares subject to vesting and forfeiture terms detailed in the grant award.

Is the OCC director stock award a market purchase or compensation grant?

The 3,733 shares are a compensation grant, not an open-market purchase. They represent the stock portion of Nygren’s annual board retainer, granted at no cash cost to him but subject to future vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/18/2026 - 04:21 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Nygren John A Jr

(Last)

(First)

(Middle)

5290 CONCOURSE DRIVE

(Street)

ROANOKE

VIRGINIA

24019

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
OPTICAL CABLE CORP [ OCC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/16/2026		A		3,733⁽¹⁾	A	$0	99,580	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Directors of the Company receive stock and cash as compensation for their services to the Company. Director received an award of 3,733 common shares issued under the Optical Cable Corporation 2017 Stock Incentive Plan, as amended, for the stock portion of the annual retainer for the 2026-2027 board year based on a retainer value of $50,000 at a trading price per share of $13.393. Unless otherwise set forth in the grant award, the 3,733 common shares are subject to forfeiture until they fully vest on June 17, 2027.

	/s/ John A. Nygren	06/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR