Ocean Power Technologies, Inc. — Director's Dealing 2026

Jan 30, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ocean Power Technologies, Inc. (OPTT)
CIK: 0001378140
Period of Report: 2026-01-30

Reporting Person: Stratmann Philipp (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-01-30	Common Stock	A	100162	—	Acquired	2340701	Direct
2026-01-30	Common Stock	A	100198	—	Acquired	2440899	Direct
2026-01-30	Common Stock	A	392553	—	Acquired	2833452	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-01-30	Restricted Stock Unit	$	M	100198	Acquired		Common Stock (100198)	Direct
2026-01-30	Restricted Stock Unit	$	M	392553	Acquired		Common Stock (392553)	Direct

Footnotes

F1: Shares acquired upon the time-based vesting of restricted stock units granted in January 2024.

F2: On January 31, 2024, the reporting person was granted 100,198 restricted stock units, vesting based on achievement of certain performance criteria. Vesting of such criteria was deemed to occur on January 30, 2026.

F3: On January 16, 2025, the reporting person was granted 392,553 restricted stock units, vesting based on achievement of certain performance criteria. Vesting of such criteria was deemed to occur on January 30, 2026.

F4: Each restricted stock unit represents a contingent right to receive one share of the Issuer's restricted stock.