Form 4: Optical Cable Corp Director John M. Holland Acquires 9,990 Shares as Part of Annual Retainer

Director John M. Holland acquired 9,990 shares of Optical Cable Corp common stock as part of his annual retainer for the 2024-2025 board year.

Summary

• On May 17, 2024, John M. Holland, a director of Optical Cable Corp, acquired 9,990 shares of common stock.
• The acquisition was part of his annual retainer for the 2024-2025 board year.
• The shares were issued under the Optical Cable Corporation 2017 Stock Incentive Plan, as amended.
• The retainer value was $30,000, with a trading price per share of $3.003.
• The shares are subject to forfeiture until they fully vest on May 18, 2025.
• Following the transaction, Holland beneficially owns 142,944 shares of Optical Cable Corp.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's stock acquisition indicates confidence in the company, but it's a routine transaction.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of a director's stock acquisition, which is a common practice in publicly traded companies as part of executive compensation.

Stakeholder Impact

• The stock acquisition could have a minor positive impact on shareholder sentiment.

Key Dates