Kopin Corp Director Shows Long-term Commitment with Major Stock Award
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
NIEUWSMA DAVID J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 64,500 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 193,500 shares (Direct)
Footnotes (1)
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FAQ
What is the vesting schedule for KOPN Director Nieuwsma's restricted stock grant?
The restricted stock grant will vest on June 26, 2026, exactly one year from the grant date, subject to restrictions under Kopin's 2020 Equity Incentive Plan.
What was the purchase price for KOPN Director Nieuwsma's restricted stock acquisition?
The restricted stock was granted at a price of $0.00 per share, as indicated in the Form 4 filing.
Does KOPN Director Nieuwsma have any indirect ownership or derivative securities?
According to the Form 4 filing, Director Nieuwsma does not hold any indirect ownership or derivative securities like options or warrants in KOPN. All his holdings are direct ownership of common stock.