Form 4: KOPN CFO receives 400,000 RS; vesting starts Dec 2026
Rhea-AI Filing Summary
Kopin Corporation (KOPN) reported an insider equity award on Form 4. Chief Financial Officer Mr. Manz acquired 400,000 shares of common stock on 09/02/2025 at $0.00, reported as a direct holding of 400,000 shares following the transaction.
The filing states these are restricted shares, with 25% vesting each December 10 beginning in 2026, conditioned on continued employment on each vesting date. The report notes it was filed late due to an administrative delay in obtaining EDGAR codes.
Positive
- None.
Negative
- None.
Insights
Routine CFO restricted stock grant with standard vesting.
The Form 4 records a grant of 400,000 restricted shares to the CFO at an acquisition price of $0.00, indicating a compensation award rather than an open‑market purchase. The shares were reported as directly owned after the transaction.
Vesting is scheduled at 25% each December 10 beginning in 2026, contingent on continued employment, aligning incentives with retention. The filing also mentions a late submission due to administrative EDGAR code delays. Overall, this is a typical executive equity award; market impact depends on future vesting and any sale decisions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 400,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. 25% of the restricted shares of the Issuer's common stock will vest on each December 10 beginning in 2026, subject to Mr. Manz's continued employment with the Issuer on the applicable vesting date.
FAQ
What did Kopin (KOPN) disclose in this Form 4?
Why was the Form 4 for KOPN filed late?
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