Director Randall Frazier Amends Filing to Confirm $865K Open Market Stock Sale
OCC has more than doubled off its 52-week low of $3.
Summary
Director Randall H. Frazier amended a previous filing to confirm an open market sale of $865,687 in company stock, adding to a recent pattern of insider selling.
Key Events · Ownership and Investor Activity · OCC
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Director Sells Shares
Director Randall H. Frazier sold 35,000 shares of common stock for a total value of $865,687 on June 11, 2026.
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Amendment Clarifies Sale Type
This Form 4/A amends an original filing, correcting the transaction code from a general disposition ('D') to an open market sale ('S'), indicating a deliberate reduction in ownership.
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Part of Broader Insider Selling Trend
This sale by a director adds to a recent pattern of insider selling at Optical Cable Corp, including other officers and directors, and follows other Form 4/A amendments on the same day.
Analysis · OCC · Manufacturing
This amended filing clarifies a significant insider transaction by Director Randall H. Frazier, confirming an open market sale of $865,687 worth of common stock. The correction from a general disposition to an open market sale strengthens the negative signal, as it indicates a deliberate decision to reduce direct ownership. This transaction, representing over 0.6% of the company's market cap, is substantial for a director and contributes to a broader trend of insider selling observed in recent weeks, including similar amendments from other key insiders. This pattern of sales, especially following strong Q2 results, could be interpreted as insiders taking profits or having concerns about future performance.
At the time of this filing, OCC was trading at $16.23 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $141.2M. The 52-week trading range was $3.00 to $27.98. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.