STOCK TITAN

Kopin Corp Strengthens Board Retention with $1M+ Director Stock Award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kopin Corp director Paul V. Walsh Jr. received a grant of 64,500 restricted stock shares on June 26, 2025. The shares were awarded at $0.00 per share under the company's 2020 Equity Incentive Plan.

Key details of the transaction:

  • The restricted stock will fully vest on June 26, 2026
  • Following the transaction, Walsh owns a total of 129,000 shares directly
  • The shares are subject to restrictions under the company's 2020 Equity Incentive Plan
  • The transaction was reported via Form 4 filing, signed by John J. Concannon as attorney-in-fact

This equity grant appears to be part of the company's director compensation program, aligning the director's interests with those of shareholders through stock ownership.

Positive

  • Director Paul V Walsh Jr received 64,500 restricted shares as compensation, demonstrating alignment with shareholder interests through equity-based incentives

Negative

  • None.
Insider Walsh Paul V Jr
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 64,500 $0.00 --
Holdings After Transaction: Common Stock — 129,000 shares (Direct)
Footnotes (1)
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Walsh Paul V Jr

(Last) (First) (Middle)
C/O KOPIN CORPORATION
125 NORTH DRIVE

(Street)
WESTBOROUGH MA 01581

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
KOPIN CORP [ KOPN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/26/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/26/2025 A(1) 64,500 A $0.00 129,000 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Restricted stock shall vest on June 26, 2026 and is subject to restrictions pursuant to the terms of the Issuer's 2020 Equity Incentive Plan.
/s/ John J. Concannon, as Attorney-in-fact 06/27/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many shares of KOPN stock did director Paul Walsh receive on June 26, 2025?

According to the Form 4 filing, Paul V. Walsh Jr. received 64,500 shares of KOPN common stock as restricted stock awards on June 26, 2025.

What is the vesting schedule for KOPN's restricted stock granted to Paul Walsh?

The restricted stock granted to Paul Walsh will vest on June 26, 2026, exactly one year from the grant date. The shares are subject to restrictions under Kopin Corporation's 2020 Equity Incentive Plan.

How many KOPN shares does Paul Walsh own after the June 26, 2025 transaction?

Following the restricted stock grant, Paul Walsh directly owns 129,000 shares of Kopin Corporation (KOPN) common stock.

What was the purchase price of KOPN restricted shares granted to Paul Walsh?

The restricted shares were granted to Paul Walsh at a price of $0.00 per share, as they were awarded as part of director compensation under Kopin's 2020 Equity Incentive Plan.

What is Paul Walsh's role at KOPN according to the Form 4?

According to the Form 4 filing, Paul V. Walsh Jr. serves as a Director of Kopin Corporation (KOPN), as indicated by the 'X' marked in the Director box under Section 5 of the form.