Nygren John A Jr 4

What Happened John A. Nygren Jr., a director of Optical Cable Corporation (OCC), was granted 3,733 common shares on June 16, 2026 as a director compensation award (transaction code A). The grant was issued under the Optical Cable Corporation 2017 Stock Incentive Plan and reflects the stock portion of his annual retainer valued at $50,000 using a trading price of $13.393 per share. The filing shows an acquisition price of $0.00 (i.e., shares were awarded, not purchased). The awarded shares are subject to forfeiture and will fully vest on June 17, 2027.

Key Details

• Transaction date: 2026-06-16 (reported in Form 4 filed 2026-06-18)
• Award: 3,733 common shares; valuation basis $50,000 at $13.393 per share
• Reported acquisition price: $0.00 (award/grant)
• Vesting/forfeiture: Shares subject to forfeiture until fully vesting on June 17, 2027 (per footnote)
• Shares owned after transaction: not specified in the provided filing excerpt
• Timeliness: Filing appears timely (transaction 6/16/2026, Form 4 filed 6/18/2026)
• Context note: This is routine director compensation (stock retainer), not a market purchase or sale.

Context Director awards are a common form of compensation and do not necessarily signal the director’s view of the company’s near-term stock prospects. The award vests over one year, so the shares are not immediately transferable while subject to forfeiture.