FRAZIER RANDALL H 4
Research Summary
AI-generated summary
Optical Cable (OCC) Director Randall H. Frazier Sells Shares
What Happened
Randall H. Frazier, a director of Optical Cable Corp (OCC), disposed of 10,000 shares back to the issuer on June 16, 2026, for total proceeds of $210,056. The sale consisted of four dispositions: 9,353 shares at $21.00, 200 shares at $21.02, 250 shares at $21.11, and 197 shares at $21.12. This was a sale/disposition of shares (not a purchase).
Key Details
- Transaction date: 2026-06-16 (reported on Form 4 filed 2026-06-17)
- Individual dispositions:
- 9,353 shares @ $21.00 = $196,413
- 200 shares @ $21.02 = $4,204
- 250 shares @ $21.11 = $5,278
- 197 shares @ $21.12 = $4,161
- Total: 10,000 shares sold for $210,056
- Transaction code/type: Disposition to the issuer (D) — shares were delivered back to the company per the filing
- Shares owned after the transaction: not specified in the provided filing details
- Filing timeliness: filed the day after the transactions (report date 2026-06-17 for 2026-06-16 trades); the filing does not indicate a late filing code
Context
A disposition to the issuer often reflects shares returned to the company (for example, to satisfy tax obligations or other corporate actions); the Form 4 here does not state the reason. Sales are generally considered routine insider activity and do not by themselves indicate company outlook; purchases are typically more informative about insider confidence.