Optical Cable (OCC) Director Craig H. Weber Sells Shares

What Happened

• Craig H. Weber, a director of Optical Cable Corp (OCC), sold a total of 23,700 shares in multiple open-market transactions on June 29, 2026. Prices ranged from $19.45 to $20.25 per share, generating approximately $470,408 in proceeds. The filing is an amendment correcting the transaction code to "S" (sale) for all reported trades.

Key Details

• Transaction date: 2026-06-29 (multiple trades throughout the day).
• Price range: $19.45–$20.25 per share.
• Shares sold: 23,700; Total proceeds: ~$470,408.
• Method: Open market sales (transaction code S).
• Filing: Amended Form 4 filed 2026-07-02 to change the transaction code from D to S.
• Shares owned after the transactions: not specified in the provided/amended filing.
• No other footnotes (e.g., 10b5-1 plan or tax-withholding details) were reported in the provided data.

Context

• These were outright sales (not option exercises or awards). Sales by directors can be routine (liquidity, portfolio rebalancing, etc.) and do not necessarily signal company-specific negative information. The amendment appears administrative—correcting the transaction code—to clarify these were sales.