Director at Optical Cable (OCC) surrenders shares to cover taxes

Rhea-AI Filing Summary

Optical Cable Corp director Craig H. Weber reported a routine tax-related share surrender. On 1,993 shares of common stock valued at $11.00 per share, the shares were surrendered under the company’s 2017 Stock Incentive Plan to cover taxes due on previously granted restricted shares. After this non-market tax-withholding disposition, Weber directly holds 226,274 shares of Optical Cable Corp common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider WEBER CRAIG H

Role null

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,993	$11.00	$22K

Holdings After Transaction: Common Stock — 226,274 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares surrendered: 1,993 shares Surrender price: $11.00 per share Shares held after transaction: 226,274 shares

3 metrics

Shares surrendered 1,993 shares Surrendered to cover taxes on restricted shares

Surrender price $11.00 per share Value used for tax-withholding disposition

Shares held after transaction 226,274 shares Director’s direct holdings following the Form 4 event

Key Terms

tax-withholding disposition, restricted shares, 2017 Stock Incentive Plan

3 terms

tax-withholding disposition financial

"the shares were surrendered under the company’s plan to cover taxes"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

restricted shares financial

"to cover the payment of taxes currently due on previously granted restricted shares"

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

2017 Stock Incentive Plan financial

"being surrendered as allowed by the Company's 2017 Stock Incentive Plan"

Form 4 Insider Transactions: What Each Field Means →

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^*

WEBER CRAIG H

(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)
05/03/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/03/2026		F		1,993(1)	D	$11	226,274	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 1,993 shares are being surrendered as allowed by the Company's 2017 Stock Incentive Plan to cover the payment of taxes currently due on previously granted restricted shares.

	/s/ Craig H. Weber	05/04/2026
	** 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)

FAQ

What insider transaction did Optical Cable Corp (OCC) disclose in this Form 4?

Optical Cable Corp disclosed that director Craig H. Weber surrendered 1,993 shares of common stock. The shares were used to pay taxes owed on previously granted restricted shares, rather than being sold on the open market, making this a routine administrative transaction.

Was the Optical Cable Corp (OCC) Form 4 transaction an open-market sale?

No, the Form 4 transaction was not an open-market sale. The 1,993 shares were surrendered to the company at $11.00 per share to cover tax obligations on restricted shares granted under the 2017 Stock Incentive Plan, a standard compensation-related process.

How many Optical Cable Corp (OCC) shares does Craig H. Weber hold after the Form 4?

After the reported transaction, Craig H. Weber directly holds 226,274 shares of Optical Cable Corp common stock. This follows the surrender of 1,993 shares solely to satisfy tax liabilities on earlier restricted share grants, leaving his remaining ownership position substantially intact.

Why were Optical Cable Corp (OCC) shares surrendered in this filing?

The 1,993 shares were surrendered under Optical Cable Corp’s 2017 Stock Incentive Plan. They were used to cover taxes currently due on previously granted restricted shares, as explicitly allowed by the plan, turning equity into a mechanism for settling the director’s tax obligation.

Does the Optical Cable Corp (OCC) Form 4 indicate a change in investment sentiment by the director?

The Form 4 reflects a tax-withholding disposition, not a discretionary sale. Shares were surrendered to satisfy tax liabilities on restricted shares, and the director still holds 226,274 shares, suggesting this event is administrative rather than a signal of changing investment sentiment.