Topline Capital Management, LLC - 26 Jun 2025 Form 4 Insider Report for Optex Systems Holdings Inc (OPXS)

Reporting relationship: Other*
Issuer ticker: OPXS
Reported as of: 26 Jun 2025
Net transaction value: -$1,012,297
SEC form: 4
Accepted by SEC: 30 Jun 2025, 16:36:50 UTC
Prior SEC filing: 15 Jan 2025
Next SEC filing: 30 Jun 2026
Source filing: View source filing
Reporting owner signature: Topline Capital Management, LLC, By: Collin McBirney, its Managing Member

Key filing fact

Topline Capital Management, LLC filed Form 4 for Optex Systems Holdings Inc (OPXS) on 30 Jun 2025.

Key facts

This page summarizes Topline Capital Management, LLC's Form 4 filing for Optex Systems Holdings Inc (OPXS).
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 30 Jun 2025, 16:36.

Change

Previous filing in this sequence was filed on 15 Jan 2025.
Current net transaction value: -$1,012,297.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (2)

CIK 0001792549 Primary reporting owner

Topline Capital Management, LLC

Relationship: Other*
Address: 544 EUCLID STREET, SANTA MONICA
Signature: Topline Capital Management, LLC, By: Collin McBirney, its Managing Member
Signature date: 30 Jun 2025

CIK 0001792547

McBirney Collin

Relationship: Other*
Address: 544 EUCLID STREET, SANTA MONICA
Signature: Collin McBirney
Signature date: 30 Jun 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OPXS transaction

Common Stock

Sale

Transaction value: $342,561
Shares: -30,945
Change %: -4%
Price: $11.07
Shares after: 748,956
Date: 26 Jun 2025
Ownership: By Topline Capital Partners, LP
Footnotes: F1, F2, F3

OPXS transaction

Common Stock

Sale

Transaction value: $112,600
Shares: -10,000
Change %: -1.3%
Price: $11.26
Shares after: 738,956
Date: 27 Jun 2025
Ownership: By Topline Capital Partners, LP
Footnotes: F1, F2, F3

OPXS transaction

Common Stock

Sale

Transaction value: $557,136
Shares: -47,700
Change %: -6.5%
Price: $11.68
Shares after: 691,256
Date: 30 Jun 2025
Ownership: By Topline Capital Partners, LP
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The reporting persons are (i) Topline Capital Management, LLC, an SEC registered adviser ("TCM"), and (ii) Collin McBirney, TCM's managing member.

Footnote F2

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.

Footnote F3

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.