Optex Systems Holdings (OPXS) insider Topline Capital Management sold 26,162 shares for $187K at an average $7.13
Insider transactions reported
Topline Capital Management, LLC (See Explanation in Footnotes at Optex Systems Holdings Inc., OPXS) reported that they sold 26,162 shares for $187K at an average $7.13 between Dec 27, 2024 and Dec 30, 2024. After these transactions the filing shows 779,901 shares held indirectly (By Topline Capital Partners, LP).
- Reporting person
- Topline Capital Management, LLC
- Role
- See Explanation in Footnotes
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Dec 27, 2024 | Open-market sale (S) | Common Stock1, 2, 3 | -12,488 | $7.01 | $87.5K | 793,575 indirect |
| Dec 30, 2024 | Open-market sale (S) | Common Stock1, 2, 3 | -13,674 | $7.24 | $99K | 779,901 indirect |
Holdings before and after
- Common Stock: 806,063 to 779,901 indirect, By Topline Capital Partners, LP
Footnotes from the filing
- 1. The reporting persons are (i) Topline Capital Management, LLC, an SEC registered adviser ( TCM ), and (ii) Collin McBirney, TCM's managing member.
- 2. Each reporting person may be deemed to beneficially own more than 10% of the issuer's outstanding shares of common stock. Each reporting person disclaims beneficial ownership of the shares of common stock reported herein except to the extent of its or his pecuniary interest therein, and this report shall not be deemed to be an admission that any reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
- 3. The shares of common stock reported in Table I on this Form 4 are beneficially owned by Topline Capital Partners, LP, a Delaware limited partnership (the Fund ). As a greater than 10% beneficial owner, the Fund is separately reporting its holdings in the issuer's securities on a Form 4 filed concurrently herewith. Each of TCM, as the investment manager and general partner of the Fund, and Mr. McBirney, as managing member of TCM, may be deemed to be the beneficial owner of the shares of common stock beneficially owned by the Fund.
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
FAQ
What did Topline Capital Management report in this OPXS Form 4?
Topline Capital Management, LLC (See Explanation in Footnotes at Optex Systems Holdings Inc., OPXS) reported that they sold 26,162 shares for $187K at an average $7.13 between Dec 27, 2024 and Dec 30, 2024. After these transactions the filing shows 779,901 shares held indirectly (By Topline Capital Partners, LP).
How many OPXS shares does Topline Capital Management hold after this filing?
The filing shows 779,901 shares held indirectly (By Topline Capital Partners, LP) after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this OPXS insider sale made under a 10b5-1 plan?
The filing's footnotes do not mention a Rule 10b5-1 trading plan.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for OPXS
Earlier insider filings at OPXS
- Dec 31, 2024Large owner Topline Capital Partners, Lp sold $186,541 worth of shares (26,162 units at $7.13), decreasing direct ownership by 3% to 779,901 units (SEC Form 4)
- Nov 7, 2024Director Lehmann Dale E was granted 7,600 shares, increasing direct ownership by 5% to 174,258 units (SEC Form 4)
- Nov 7, 2024Director Dayton Judd was granted 7,600 shares, increasing direct ownership by 19% to 47,600 units (SEC Form 4)
- Nov 7, 2024Director Malhotra R. Rimmy was granted 7,600 shares, increasing direct ownership by 7% to 109,278 units (SEC Form 4)
- May 22, 2024Hawkins Karen Lea covered exercise/tax liability with 1,704 shares and converted options into 7,000 shares, increasing direct ownership by 14% to 43,606 units (SEC Form 4)
- Market cap
- 30-day
- Sector
- Technology
- Industry
- Electronic Components
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