George Chad Michael 4

What Happened George Chad Michael, CEO, President and a director of Optex Systems Holdings, sold 7,035 shares of OPXS in an open-market transaction on March 11, 2026. The reported weighted-average price was $13.62 per share, for proceeds of approximately $95,817. This was a sale (not a purchase or option exercise) and sales by insiders can be routine for liquidity or diversification; they are not definitive statements about company prospects.

Key Details

• Transaction date: 2026-03-11; Filing date: 2026-03-13 (filed within the typical Form 4 reporting window).
• Transaction type/code: Sale (S), open-market.
• Shares sold: 7,035; weighted-average price reported: $13.62; total proceeds ≈ $95,817.
• Price range footnote: shares were sold in multiple trades at prices from $13.53 to $13.89 per share; the filer will provide a per-trade breakdown on request (footnote F1).
• Shares owned after the transaction: not disclosed in the information provided in this summary.

Context

• This was a straightforward open-market sale by the company’s CEO and director. Such insider sales are common and can reflect personal financial planning rather than a change in view about the company.