January 31, 2024 · Form 4 insider transaction
WILKIN NEIL D JR sold 6,553 shares of OPTICAL CABLE CORP at $2.67 per share, a transaction worth $17.5K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
6,553 shares are being surrendered as allowed by the Company's 2017 Stock Incentive Plan for the payment of taxes currently due on previously granted restricted shares. Mr. Wilkin is surrendering 6,553 shares as partial payment of the taxes due, and paying cash for the remainder of taxes due.