Director Files Intent to Sell $601K in Shares
OCC has more than doubled off its 52-week low of $2.6.
Summary
Director Craig H. Weber filed a Form 144 to sell 26,100 shares of Optical Cable Corp, valued at $601,344, signaling a potential reduction in insider holdings.
Key Events · Ownership and Investor Activity · OCC
-
Director Files Intent to Sell Shares
Craig H. Weber, a Director, filed a Form 144 indicating an intent to sell 26,100 shares of common stock.
-
Significant Value
The proposed sale is valued at approximately $601,344, representing about 0.30% of the company's outstanding shares.
-
Acquisition History
The shares intended for sale were acquired through open market purchases between March and June 2011.
Analysis · OCC · Manufacturing
Director Craig H. Weber has filed a Form 144 indicating an intent to sell 26,100 shares of Optical Cable Corp common stock, valued at approximately $601,344. This proposed sale represents about 0.30% of the company's outstanding shares. While not an immediate sale, it signals a director's intention to reduce their holdings, which can be interpreted negatively by the market, especially following recent positive financial reports.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30.1% of the 2014 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.11%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, OCC was trading at $22.58 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $199.3M. The 52-week trading range was $2.60 to $27.98. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.