KOPIN CORP (KOPN) CEO sells 187,920 shares in Rule 10b5-1 plan trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KOPIN CORP CEO Michael Andrew Murray sold common stock in a pre-planned transaction. On April 13, 2026, he executed an open-market sale of 187,920 shares at a weighted average price of $2.80 per share under a Rule 10b5-1 trading plan.
After this sale, he directly holds 2,931,122 KOPIN CORP shares, indicating he retains a substantial ownership position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 187,920 shares ($526,176)
Net Sell
1 txn
Insider
Murray Michael Andrew
Role
CEO
Sold
187,920 shs ($526K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 187,920 | $2.80 | $526K |
Holdings After Transaction:
Common Stock — 2,931,122 shares (Direct)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 24, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.79 to $2.86, inclusive. The reporting person undertakes to provide to Kopin Corporation, any security holder of Kopin Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Key Figures
Shares sold: 187,920 shares
Weighted average sale price: $2.80 per share
Sale price range: $2.79–$2.86 per share
+3 more
6 metrics
Shares sold
187,920 shares
Open-market sale of common stock on April 13, 2026
Weighted average sale price
$2.80 per share
Reported for the April 13, 2026 transactions
Sale price range
$2.79–$2.86 per share
Multiple transactions within this range on April 13, 2026
Shares held after transaction
2,931,122 shares
Direct holdings of CEO following the reported sale
Transaction type
Open-market sale (Code S)
Non-derivative common stock transaction
Trading plan adoption date
November 24, 2025
Date CEO adopted Rule 10b5-1 trading plan used for this sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, non-derivative
4 terms
Rule 10b5-1 trading plan financial
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 24, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
non-derivative financial
"transaction_type: non-derivative"
FAQ
What insider transaction did KOPIN CORP (KOPN) report in this Form 4?
KOPIN CORP reported that CEO Michael Andrew Murray sold 187,920 shares of common stock. The transaction was an open-market sale at a weighted average price of $2.80 per share, executed under a pre-established Rule 10b5-1 trading plan.
Was the KOPIN CORP (KOPN) CEO’s stock sale part of a trading plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted by the reporting person on November 24, 2025. Such plans pre-schedule trades, reducing the significance of the specific timing decision for investors.
What type of transaction is disclosed for KOPIN CORP (KOPN) in this Form 4?
The Form 4 discloses a non-derivative open-market sale of common stock by the CEO. The transaction code is “S,” which the filing describes as a sale in open market or private transaction, rather than an option exercise or derivative conversion.