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Ocean Power Technologies, Inc. — Director's Dealing 2026
Jan 21, 2026
34237_dirs_2026-01-21_6ed1c384-0cef-4089-ae3e-6f84776248d4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Ocean Power Technologies, Inc. (OPTT)
CIK: 0001378140
Period of Report: 2026-01-16
Reporting Person: Stratmann Philipp (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2026-01-16 | Common Stock | A | 161801 | — | Acquired | 1393396 | Direct |
| 2026-01-16 | Common Stock | A | 617508 | — | Acquired | 1393396 | Direct |
| 2026-01-16 | Common Stock | A | 569045 | — | Acquired | 1962441 | Direct |
| 2026-01-16 | Common Stock | D | 527846 | — | Disposed | 1434595 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2026-01-16 | Restricted Stock Unit | $ | M | 569045 | Acquired | Common Stock (569045) | Direct |
Footnotes
F1: Represents shares underlying restricted stock units subject to time-based vesting in 2026 and 2027.
F2: Shares acquired upon the time-based vesting of restricted stock units granted in January 2023 and 2025.
F3: On January 16, 2025, the reporting person was granted 569,045 restricted stock units, vesting based on achievement of certain performance criteria. Vesting of such criteria was deemed to occur on January 16, 2026.
F4: Each restricted stock unit represents a contingent right to receive one share of the Issuer's restricted stock.