Form 4: Optex Systems Director Sells Shares Under 10b5-1 Plan

Danny Robert Schoening, a Director and 10% owner of Optex Systems Holdings Inc., sold 53,708 shares of common stock in early January 2026 through a pre-arranged Rule 10b5-1 trading plan.

Summary

• Danny Robert Schoening, a Director and 10% owner of Optex Systems Holdings Inc. (OPXS), reported sales of common stock.
• The sales occurred on January 2, 2026, January 5, 2026, and January 6, 2026.
• A total of 53,708 shares were sold across these dates.
• The transactions were executed automatically pursuant to a Rule 10b5-1 trading plan adopted by Mr. Schoening on September 8, 2025.
• The shares were sold at weighted average prices ranging from $13.02 to $13.99 per share.
• Following these transactions, Mr. Schoening beneficially owns 853,600 shares of Optex Systems Holdings Inc. common stock.

Sentiment

Score: 5

Explanation: The filing reports routine insider sales executed under a pre-arranged 10b5-1 plan, which typically carries a neutral sentiment as it's not indicative of new material information.

Positives

• The sales were conducted under a Rule 10b5-1 trading plan, indicating they were pre-scheduled and not based on immediate, non-public information.

Negatives

• Insider selling, even under a 10b5-1 plan, can sometimes be perceived as a lack of confidence by some investors, though this is mitigated by the pre-planned nature.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

Insider transactions, particularly those executed under Rule 10b5-1 plans, are a routine part of the market. These plans allow insiders to sell shares at pre-determined times or prices to avoid accusations of trading on material non-public information, often for personal financial planning or diversification.

Stakeholder Impact

• Shareholders: The sale by a director and 10% owner could be viewed with slight caution, though the 10b5-1 plan mitigates concerns about trading on non-public information.

Key Dates

Keywords

Optex Systems, OPXS, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Director, 10% Owner, Beneficial Ownership