4/A: Optical Cable Corp: Director Randall Frazier Adjusts Holdings

Optical Cable Corp reports director Randall Frazier's transactions involving common stock, with an amendment correcting transaction codes.

Summary

• Randall H. Frazier, a Director at Optical Cable Corp (OCC), has filed an amended Form 4 detailing transactions of the company's common stock.
• The amendment corrects the transaction code from 'D' (disposition) to 'S' (sale) for all reported transactions.
• These transactions occurred on June 16, 2026, and involved the sale of a total of 9,900 shares of common stock at prices ranging from $21.00 to $21.12 per share.
• Following these transactions, Mr. Frazier beneficially owns 46,871 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, primarily an administrative correction of a previous filing regarding director stock sales, with no new material financial information.

Positives

• The filing clarifies previous transaction codes, providing accurate reporting of director stock sales.
• The director continues to hold a significant number of shares (46,871) after the reported sales.

Negatives

• The filing indicates a sale of 9,900 shares of common stock by a director.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it pertains to insider transactions.

Management Comments

• "There was an error in the Transaction Code on the original Form 4 filing. The Transaction Code has been changed from a D to an S for all transactions in this amended Form 4."

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The correction of transaction codes indicates a procedural adjustment rather than a change in the company's fundamental business or performance.

Stakeholder Impact

• Shareholders: The filing clarifies a director's stock sales, providing transparency on insider activity. The correction of the transaction code removes ambiguity about the nature of the transaction.

Key Dates

Keywords

Form 4, SEC Filing, Optical Cable Corp, OCC, Insider Trading, Stock Sale, Director Transactions, Beneficial Ownership