Stratmann Philipp bought OPTT
January 16, 2026 · Form 4 insider transaction
Stratmann Philipp bought 569,045 shares of Ocean Power Technologies, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 5 days after the transaction.
Direction
Acquired (buy-side)
Shares
569,045
Price
$0.00
Total value
N/A
InsiderStratmann Philipp
Role—
SecurityRestricted Stock Unit
Transaction codeM: Option exercise
Transaction dateJanuary 16, 2026
Filing dateJanuary 21, 2026
Shares owned after569,045
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Each restricted stock unit represents a contingent right to receive one share of the Issuer's restricted stock.; 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.