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

Optex Systems Holdings Inc. Director and 10% owner, Danny Robert Schoening, sold 56,870 shares of common stock in early January 2026 through a pre-arranged 10b5-1 trading plan.

Summary

• Danny Robert Schoening, a Director and 10% owner of Optex Systems Holdings Inc. (OPXS), reported the sale of common stock.
• The sales occurred on January 7, 2026, and January 8, 2026.
• A total of 56,870 shares were sold across three separate transactions.
• The transactions were executed automatically pursuant to a Rule 10b5-1 trading plan adopted by Mr. Schoening.
• On January 7, 2026, 27,946 shares were sold at a weighted average price of $13.44 per share, with prices ranging from $13.1850 to $13.7500.
• On January 8, 2026, two separate sales occurred: 2,815 shares at a weighted average price of $13.55 (range $13.0600-$13.7500) and 26,109 shares at a weighted average price of $14.11 (range $13.7600-$14.3000).
• Following these transactions, Mr. Schoening beneficially owns 796,730 shares of common stock directly.

Sentiment

Score: 5

Explanation: The sentiment is neutral to slightly cautious. While insider selling can be a negative signal, the execution under a Rule 10b5-1 plan mitigates concerns that the sale is based on new, non-public information. It represents a pre-scheduled liquidity event rather than an immediate reaction to company performance.

Negatives

• Insider selling by a director and 10% owner, even if pre-planned, can sometimes be perceived negatively by the market, potentially signaling a lack of confidence or a need for liquidity.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing reports an individual insider transaction and does not provide broader industry context or trends. It reflects a specific trading activity by a key individual within Optex Systems Holdings Inc.

Stakeholder Impact

• Shareholders may view the sale by a director and 10% owner with caution, although the 10b5-1 plan suggests it is a pre-planned event rather than a reaction to recent company developments.

Key Dates

Recommendation

The sale of shares by a director and 10% owner, while notable, was conducted under a pre-arranged Rule 10b5-1 trading plan. This indicates the transaction was scheduled in advance and not necessarily a reflection of new, material non-public information. Without additional fundamental or strategic news, this single insider transaction typically warrants a 'hold' recommendation, as it doesn't provide a strong signal for a significant re-evaluation of the company's prospects.

Keywords

Optex Systems Holdings Inc, OPXS, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Director, 10% Owner, Danny Robert Schoening