FRAZIER RANDALL H 4

What Happened

• Randall H. Frazier, a director of Optical Cable Corp (OCC), disposed of a total of 35,000 shares back to the issuer on 2026-06-11. The four dispositions were:
  • 1,400 shares at $26.64 each — $37,289
  • 9,684 shares at $25.24 each — $244,394
  • 3,440 shares at $26.16 each — $89,973
  • 20,476 shares at $24.13 each — $494,031
• Aggregate proceeds from these dispositions were approximately $865,687. These were dispositions (sales/transfers) to the issuer rather than open-market purchases.

Key Details

• Transaction date: 2026-06-11; Form 4 filed 2026-06-12 (filed the next day; not marked late).
• Transaction code: D — disposition to the issuer (shares were transferred back to the company).
• Share counts and prices listed above for each tranche; total = 35,000 shares for ~$865,687.
• Shares owned after the transaction: not specified in the provided Form 4 details.
• No footnotes in the provided data indicating a 10b5-1 plan, tax-withholding, or other special mechanism; the filing does not state a reason for the disposition.

Context

• "Disposition to the issuer" means the shares were transferred back to the company (e.g., could reflect surrender, repurchase, or other issuer-directed transfer); the filing does not explain the reason, so no inference should be made about insider sentiment.
• Sales/dispositions are common and generally less informative than insider purchases; this filing is a clear sale-like transaction by a director totaling roughly $0.87M in proceeds.