May 2, 2025 · Form 4 insider transaction
Nygren John A Jr bought 9,057 shares of OPTICAL CABLE CORP at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 3 days after the transaction.
Directors of the Company receive stock and cash as compensation for their services to the Company. Director received an award of 9,057 common shares issued under the Optical Cable Corporation 2017 Stock Incentive Plan, as amended, for the stock portion of the annual retainer for the 2025-2026 board year based on a retainer value of $30,000 at a trading price per share of $3.3125. Unless otherwise set forth in the grant award, the 9,057 common shares are subject to forfeiture until they fully vest on May 3, 2026.