CEO Neil Wilkin sells 25,000 shares (25.0K) for $532,916.29 ($532.9K) in 24 transactions at blended average $21.32
Neil D Jr Wilkin, Chairman, President and CEO of Optical Cable Corp, executed 24 separate sales totaling 25,000 shares for $532,916.29 between June 29–30, 2026, at a blended average price of $21.32 per share. This represents a 2.4% reduction in his holdings from 1,035,155 shares to 1,010,155 shares. The current stock price of $16.00 sits 42.8% below the 52-week high of $27.98, and the CEO's transaction prices ($20.68–$21.82) were substantially above current levels, though the broader context includes strong 90-day performance (+75.6%) that may reflect recovery from earlier lows. The company reported FY net income negative and a P/E of 145.45 on quarterly net income of $1.1M, indicating structural profitability challenges despite recent quarterly revenue of $22.2M and 9.6% annual revenue growth. The volume and price range suggest systematic execution rather than a single-point decision; investors should monitor whether this reflects liquidity needs unrelated to business outlook, or whether CEO confidence in the stock's trajectory has shifted.