Matthew Burdyny - 16 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, 21:56:22 UTC
Prior SEC filing
02 Feb 2024
Next SEC filing
14 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Matthew Burdyny

Key filing fact

Matthew Burdyny filed Form 4 for Ocean Power Technologies, Inc. (OPTT) on 04 Feb 2025.

Key facts

  • This page summarizes Matthew Burdyny's Form 4 filing for Ocean Power Technologies, Inc. (OPTT).
  • 5 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: -$53,545.

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
+24,505
Change %
+10%
Price
Shares after
260,066
Date
31 Jan 2025
Ownership
Direct
Footnotes
F1
OPTT transaction

Common Stock

Tax liability

Transaction value
$37,321
Shares
-37,698
Change %
-14%
Price
$0.9900
Shares after
222,368
Date
16 Jan 2025
Ownership
Direct
Footnotes
F3
OPTT transaction

Common Stock

Tax liability

Transaction value
$12,286
Shares
-13,354
Change %
-6%
Price
$0.9200
Shares after
209,014
Date
21 Jan 2025
Ownership
Direct
Footnotes
F3
OPTT transaction

Common Stock

Tax liability

Transaction value
$3,938
Shares
-5,967
Change %
-2.9%
Price
$0.6600
Shares after
203,047
Date
31 Jan 2025
Ownership
Direct
Footnotes
F3

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
+24,505
Change %
Price
$0.000000
Shares after
24,505
Date
31 Jan 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
24,505
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 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.

Footnote F3

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

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .