FRAZIER RANDALL H 4/A
4/A · OPTICAL CABLE CORP · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Optical Cable (OCC) Director Randall H. Frazier Sells Shares
What Happened Randall H. Frazier, a director of Optical Cable Corp (OCC), sold a total of 35,000 shares in open-market transactions on June 11, 2026, generating roughly $865,687 in proceeds. The sales occurred in four tranches at prices between $24.13 and $26.64 per share. This filing is an amendment correcting the original transaction code from "D" to "S" (sale).
Key Details
- Filing: Amended Form 4 filed 2026-07-02 (Period of Report: 2026-06-11). Amendment corrected transaction code from D to S.
- Trades (all 2026-06-11, open market):
- 1,400 shares @ $26.64 = $37,289
- 9,684 shares @ $25.24 = $244,394
- 3,440 shares @ $26.16 = $89,973
- 20,476 shares @ $24.13 = $494,031
- Total: 35,000 shares sold for ~$865,687.
- Shares owned after the transactions: Not specified in the amended Form 4.
- Notable footnotes: No 10b5-1 plan, tax-withholding, or other special instructions are disclosed in the amendment.
- Timeliness: This is an amended filing correcting the transaction code; the filing date is 2026-07-02.
Context These transactions are outright sales by a company director. Sales by insiders can be routine (diversification, liquidity, tax purposes) and do not by themselves prove a change in the insider’s view of the company. Purchases are often seen as a stronger signal of confidence; retail investors should combine insider activity with broader company fundamentals and news before drawing conclusions.
Insider Transaction Report
- Sale
Common Stock
2026-06-11$26.64/sh−1,400$37,289→ 90,471 total - Sale
Common Stock
2026-06-11$25.24/sh−9,684$244,394→ 80,787 total - Sale
Common Stock
2026-06-11$26.16/sh−3,440$89,973→ 77,347 total - Sale
Common Stock
2026-06-11$24.13/sh−20,476$494,031→ 56,871 total