Graham's exit filing, combined with the accelerating pace of sales as the stock dropped from ~$12 to ~$6, signals a complete loss of conviction in Cable One's equity. The prior 13D/A (filed October 14) showed a 4.99% stake; this filing confirms the exit. Monitor for further insider selling by other large holders and for any strategic response from the board.
Price Chart
Executive Summary
Donald E. Graham filed an amended Schedule 13D disclosing that as of October 19, 2026, he beneficially owned 282,882 shares of Cable One common stock, representing approximately 4.99% of shares outstanding. The filing reports a series of open-market sales between October 13 and October 19, 2026, totaling approximately 168,000 shares, and states that Graham has ceased to be a beneficial owner of more than 5% of the outstanding common stock, making this an exit filing.
Key Financial Metrics
Key Facts
- Donald E. Graham's beneficial ownership dropped from above 5% to 4.99% as of October 19, 2026.
- Graham sold approximately 168,000 shares in open-market transactions between October 13 and October 19, 2026, at weighted average prices ranging from $6.07 to $13.02 per share.
- The filing explicitly states: 'On October 19, 2026, the reporting person ceased to be the beneficial owner of more than five percent of the outstanding shares of Common Stock. This amendment constitutes an exit filing for the reporting person.'
- Sales accelerated as the stock price declined: October 13 sales at ~$11.72–$13.02, October 14 at ~$9.00–$9.44, October 15 at ~$8.34–$8.52, October 16 at ~$7.23–$7.98, and October 19 at ~$6.07–$6.63.
Financial Impact
Graham sold roughly 168,000 shares over five trading days, with total proceeds estimated in the range of $1.2–$1.8 million based on disclosed weighted-average prices.
Risk Factors
- Loss of a long-term, high-profile activist/insider holder may signal fundamental concerns not yet public.
- The rapid selling at declining prices suggests potential adverse material non-public information or severe liquidity distress.
- The stock may face additional downward pressure as the market absorbs the exit of a >5% holder.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13D/A Filing (Primary) | 0000950157-26-001110 |
| Document: 0000950157-26-001110-index.html | 0000950157-26-001110 |
| Document: 0000950157-26-001110.txt | 0000950157-26-001110 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | SC 13D/A | $6.21 $5.74 | ▲ +7.57% | ▲ +8.09% | $4.48 (+27.86%) |
Oct 14, 2026 12d ago | SC 13D/A | $8.47 $7.23 | ▲ +14.64% | ▲ +13.53% | $4.48 (+47.11%) |
Oct 2, 2026 24d ago | 8-K | $12.21 $11.25 | ▼ −7.86% | ▼ −8.54% | $4.48 (−63.31%) |
Sep 22, 2026 4w ago | 8-K | $15.83 $15.63 | ▼ −1.26% | ▼ −1.18% | $4.48 (−71.70%) |
Aug 14, 2026 10w ago | 8-K | $34.48 $29.88 | ▼ −13.34% | ▼ −12.87% | $4.48 (−87.01%) |
Aug 7, 2026 11w ago | Institutional Cluster | $37.32 $35.74 | ▲ +4.23% | ▲ +4.20% | $4.48 (+88.00%) |
Jul 8, 2026 15w ago | 8-K | $35.27 $36.19 | ▼ −2.61% | ▼ −2.18% | $4.48 (+87.30%) |
Jun 11, 2026 19w ago | Institutional Cluster | $41.57 $47.00 | ▲ +13.06% | ▲ +12.52% | $4.48 (−89.22%) |
Apr 30, 2026 25w ago | 8-K | $75.01 $64.79 | ▲ +13.62% | ▲ +13.28% | $4.48 (+94.03%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers