Optex CEO sells 7,035 shares in open market
Optex Systems Holdings’ CEO and President George Chad Michael sold 7,035 shares of common stock in an open-market transaction.
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Rhea-AI Filing Summary
Optex Systems Holdings’ CEO and President George Chad Michael sold 7,035 shares of common stock in an open-market transaction. The sale occurred on March 11, 2026 at a weighted average price of $13.62 per share, with individual trades ranging from $13.53 to $13.89.
These were direct holdings, and his directly owned common shares reported in this filing decreased to 0 shares following the transaction. The company notes the price is a weighted average across multiple trades and underlying trade details are available upon request.
Insights
Optex’s CEO executed a modest open-market share sale, fully clearing this reported direct position.
The filing shows CEO and President George Chad Michael sold 7,035 common shares on March 11, 2026. The transaction was an open-market sale at a weighted average price of $13.62 per share, with prices ranging from $13.53 to $13.89.
Following the sale, this filing reports 0 directly held shares of common stock for him. There are no derivative positions listed, suggesting no options or similar instruments are reported here. The footnote emphasizes the weighted-average pricing and availability of detailed trade breakdowns, which is standard disclosure for aggregated market transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON STOCK | 7,035 | $13.62 | $96K |
Footnotes (1)
- F1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.53 to $13.89 per share, inclusive. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
FAQ
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