Kopin Corp Strengthens Board Retention with $1M+ Director Stock Award
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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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FAQ
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.
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.