4/A: Optical Cable Corp Director Trades
Insider Transaction Filing
Craig H. Weber, Director at Optical Cable Corp, filed an amended Form 4 detailing stock transactions on June 22-23, 2026.
Summary
- This filing is an amended Form 4 for Craig H. Weber, a Director at Optical Cable Corp (OCC).
- The amendment corrects the transaction code from 'D' (Disposition) to 'S' (Sale) for all transactions.
- On June 22, 2026, Mr. Weber sold a total of 1,252 shares of common stock at prices ranging from $23.00 to $23.45.
- On June 23, 2026, Mr. Weber sold an additional 739 shares of common stock at $23.1543 per share.
- Following these transactions, Mr. Weber beneficially owns 227,607 shares of common stock directly.
Sentiment
Score: 4
Explanation: StockSavvy.ai views this filing as neutral to slightly negative due to the director's sale of shares, although it is an amendment to correct a transaction code.
Negatives
- Director Craig H. Weber sold a total of 1,991 shares of Optical Cable Corp common stock between June 22 and June 23, 2026.
Future Outlook
No forward-looking statements or guidance are present in this filing.
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 a transaction code from disposition to sale is a procedural update, and the sales themselves represent a reduction in direct beneficial ownership by a director.
Stakeholder Impact
- Shareholders may view the director's sale of shares as a potential negative signal, although the primary purpose of the filing is to correct a transaction code.
Key Dates
| Date | Description |
|---|---|
| 06/22/2026 | Earliest transaction date and date of initial stock sales by Craig H. Weber. |
| 06/23/2026 | Date of additional stock sale by Craig H. Weber. |
| 06/24/2026 | Date of original Form 4 filing. |
| 07/02/2026 | Date of amended Form 4 filing and signature date. |
Keywords
Form 4, SEC Filing, Insider Trading, Stock Sale, Optical Cable Corp, OCC, Director Transaction, Beneficial Ownership
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