Stratmann Philipp sold OPTT
March 5, 2026 · Form 4 insider transaction
Stratmann Philipp sold 901,096 shares of Ocean Power Technologies, Inc. at $0.43 per share, a transaction worth $391.1K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Disposed (sell-side)
Shares
901,096
Price
$0.43
Total value
$391.1K
InsiderStratmann Philipp
Role—
SecurityCommon Stock
Transaction codeF: Shares withheld for taxes
Transaction dateMarch 5, 2026
Filing dateMarch 6, 2026
Shares owned after1,932,356
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
The reported transaction constitutes the withholding of shares to satisfy tax obligations upon the vesting of restricted stock units.; Aggregate estimate of prices related to tax withholding.