Form 4: Optical Cable Corp: Insider Sells Shares
Statement of Changes in Beneficial Ownership
Tracy G. Smith, EVP and CFO of Optical Cable Corp, reported the sale of common stock on July 9, 2026.
Summary
- Tracy G. Smith, the Executive Vice President and Chief Financial Officer of Optical Cable Corp, reported transactions involving the company's common stock.
- On June 30, 2026, 32 shares were disposed of at a price of $22.00 per share.
- On July 9, 2026, an additional 16,453 shares were disposed of at a price of $17.23 per share.
- Following these transactions, Mr. Smith beneficially owns 329,826 shares of common stock directly.
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a neutral to slightly negative filing due to the significant sale of shares by a key executive, although it is a standard disclosure and doesn't provide performance data.
Negatives
- The EVP and CFO disposed of a significant number of shares (16,453) on July 9, 2026, at a price lower than the previous transaction.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and do not inherently signal company performance, but significant sales by key executives can sometimes be interpreted by the market as a lack of confidence in future stock appreciation.
Stakeholder Impact
- Shareholders may view the sale of a significant number of shares by the EVP and CFO with concern, potentially impacting investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/30/2026 | Earliest transaction date reported. |
| 07/09/2026 | Date of a significant sale of common stock by Tracy G. Smith. |
| 07/10/2026 | Date of the signature on the filing. |
Keywords
Optical Cable Corp, OCC, Form 4, Insider Trading, Stock Sale, EVP and CFO, Tracy G. Smith
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