Officer Files Intent to Sell $1.1M in Shares
OCC has more than doubled off its 52-week low of $2.6.
Summary
An officer at Optical Cable Corp filed a Form 144 to sell $1.11 million in common stock, marking a significant insider disposition that follows another director's recent selling intent.
Key Events · Ownership and Investor Activity · OCC
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Officer Files Intent to Sell Shares
Tracy G. Smith, an officer, filed a Form 144 to sell 49,960 common shares.
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Substantial Proposed Sale Value
The shares are valued at approximately $1.11 million, representing a significant insider disposition.
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Follows Recent Insider Selling
This filing comes just two days after Director Craig H. Weber filed a Form 144 to sell 26,100 shares, indicating a pattern of insider selling.
Analysis · OCC · Manufacturing
An officer at Optical Cable Corp, Tracy G. Smith, has filed a Form 144 indicating an intent to sell 49,960 common shares, valued at approximately $1.11 million. This proposed sale by an insider, particularly following strong Q2 results and another director's recent intent to sell, could be interpreted negatively by the market, suggesting potential concerns or personal liquidity needs despite recent positive company performance.
How filings like this one have moved
In the 30 days to Aug 25, 2026, 43.9% of the 999 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.15%. 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 $19.57 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $166.1M. The 52-week trading range was $2.60 to $27.98. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.