Robert Patrick Powers - 14 Jan 2025 Form 4 Insider Report for Ocean Power Technologies, Inc. (OPTT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Feb 2025, 21:56:19 UTC
Prior SEC filing
02 Feb 2024
Next SEC filing
21 Jan 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Robert P. Powers

Key filing fact

Robert Patrick Powers filed Form 4 for Ocean Power Technologies, Inc. (OPTT) on 04 Feb 2025.

Key facts

  • This page summarizes Robert Patrick Powers's Form 4 filing for Ocean Power Technologies, Inc. (OPTT).
  • 6 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 04 Feb 2025, 21:56.

Change

  • Previous filing in this sequence was filed on 02 Feb 2024.
  • Current net transaction value: +$98,599.

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

Reported non-derivative transactions

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

OPTT transaction

Common Stock

Options Exercise

Transaction value
Shares
+29,542
Change %
+7.4%
Price
Shares after
427,862
Date
31 Jan 2025
Ownership
Direct
Footnotes
F1
OPTT transaction

Common Stock

Tax liability

Transaction value
$15,547
Shares
+17,468
Change %
+4.4%
Price
$0.8900
Shares after
410,214
Date
14 Jan 2025
Ownership
Direct
Footnotes
F3
OPTT transaction

Common Stock

Tax liability

Transaction value
$46,740
Shares
+47,212
Change %
+15%
Price
$0.9900
Shares after
363,002
Date
16 Jan 2025
Ownership
Direct
Footnotes
F3
OPTT transaction

Common Stock

Tax liability

Transaction value
$42,230
Shares
+45,902
Change %
+17%
Price
$0.9200
Shares after
317,100
Date
21 Jan 2025
Ownership
Direct
Footnotes
F3
OPTT transaction

Common Stock

Tax liability

Transaction value
$5,918
Shares
-8,966
Change %
-2.8%
Price
$0.6600
Shares after
308,314
Date
31 Jan 2025
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OPTT transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
+29,542
Change %
Price
$0.000000
Shares after
29,542
Date
31 Jan 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
29,542
Exercise price
Footnotes
F1, F2
* 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

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

Footnote F2

On February 1, 2024, the reporting person was granted 29,542 restricted stock units, vesting based on achievement of certain performance criteria. Vesting of such criteria was deemed to occur on January 31, 2025.

Footnote F3

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

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