Form 144: Morgan Stanley lists 160,000 RSUs for sale (NASDAQ: KOPN)

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC submitted a Form 144 notice to sell 160,000 shares of Common Stock represented by Restricted Stock Units scheduled 12/10/2024, with the filing dated 04/13/2026 and the shares listed as NASDAQ. The filing also reports recent 10b5-1 sales by Michael Murray of 5,413 and 33,334 shares on 03/26/2026 and 03/25/2026, respectively.

Key Figures

Registered/offered shares: 160,000 shares 10b5-1 sale on 03/25/2026: 33,334 shares 10b5-1 sale on 03/26/2026: 5,413 shares +1 more

4 metrics

Registered/offered shares 160,000 shares Restricted Stock Units scheduled 12/10/2024; filing dated 04/13/2026

10b5-1 sale on 03/25/2026 33,334 shares Sale by Michael Murray; proceeds $77,238.21

10b5-1 sale on 03/26/2026 5,413 shares Sale by Michael Murray; proceeds $12,179.25

Filing date 04/13/2026 Form 144 submission date shown in securities table

Key Terms

Form 144, Restricted Stock Units, 10b5-1

3 terms

Form 144 regulatory

"submitted a Form 144 notice to sell 160,000 shares"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Restricted Stock Units financial

"Common | 12/10/2024 | Restricted Stock Units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

10b5-1 regulatory

"10b5-1 Sales for MICHAEL MURRAY 125 North Drive"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	160000	425600.00	183363415	04/13/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/10/2024	Restricted Stock Units	Issuer			160000	12/10/2024	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for MICHAEL MURRAY 125 North Drive Westborough MA 01581	Common	03/26/2026	5413	12179.25
10b5-1 Sales for MICHAEL MURRAY 125 North Drive Westborough MA 01581	Common	03/25/2026	33334	77238.21

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for KOPN show?

The Form 144 lists a proposed sale of 160,000 Common shares represented by Restricted Stock Units, filed on 04/13/2026. It names Morgan Stanley Smith Barney LLC as the selling broker and indicates NASDAQ as the market.

Who executed recent 10b5-1 sales reported in the filing for KOPN?

The filing reports 10b5-1 sales by Michael Murray: 33,334 shares on 03/25/2026 and 5,413 shares on 03/26/2026, with proceeds of $77,238.21 and $12,179.25, respectively.

Are the securities described in the Form 144 restricted or unrestricted?

The Form 144 identifies the securities as Restricted Stock Units dated 12/10/2024. The filing explicitly labels the instrument as restricted in the securities table.

Which broker-dealer is listed on the Form 144 for KOPN?

The filing lists Morgan Stanley Smith Barney LLC with an address at 1 New York Plaza, 8th Floor, New York, NY 10004 as the broker-dealer associated with the sale notice.