Kopin Director Receives 64,500 Restricted Shares, Total Stake Hits 193,500
Kopin Corp (KOPN) director David J. Nieuwsma received a grant of 64,500 restricted stock shares on June 26, 2025.
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Rhea-AI Filing Summary
Kopin Corp (KOPN) director David J. Nieuwsma 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 vest on June 26, 2026
- Following the transaction, Nieuwsma now beneficially owns 193,500 shares directly
- The Form 4 was filed by John J. Concannon as attorney-in-fact on June 27, 2025
This equity grant appears to be part of the company's director compensation program, representing a significant increase in Nieuwsma's stake in the company. The one-year vesting period aligns the director's interests with long-term shareholder value.
Positive
- Director David Nieuwsma received 64,500 restricted shares with 1-year vesting, demonstrating long-term alignment with shareholder interests
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 64,500 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
FAQ
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What is the vesting schedule for KOPN Director Nieuwsma's restricted stock grant?
What was the purchase price for KOPN Director Nieuwsma's restricted stock acquisition?
Does KOPN Director Nieuwsma have any indirect ownership or derivative securities?
AI-generated analysis. How Rhea-AI works. Not financial advice.