Ocean Power Technologies, Inc. — Director's Dealing 2025

Feb 5, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ocean Power Technologies, Inc. (OPTT)
CIK: 0001378140
Period of Report: 2025-01-16

Reporting Person: Burdyny Matthew (Chief Commercial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-01-31	Common Stock	M	24505	—	Acquired	260066	Direct
2025-01-16	Common Stock	F	37698	$0.99	Disposed	222368	Direct
2025-01-21	Common Stock	F	13354	$0.92	Disposed	209014	Direct
2025-01-31	Common Stock	F	5967	$0.66	Disposed	203047	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-01-31	Restricted Stock Unit	$	M	24505	Acquired		Common Stock (24505)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of the Issuer's restricted stock.

F2: On February 1, 2024, the reporting person was granted 24,505 restricted stock units, vesting based on achievement of certain performance criteria. Vesting of such criteria was deemed to occur on January 31, 2025.

F3: Per share value is based on the market closing price of the common stock on the applicable transaction date.