Kopin (NASDAQ: KOPN) ex-executive remits 20,606 shares for taxes
Rhea-AI Filing Summary
Kopin Corporation reported an insider share disposition tied to tax withholding. On December 10, 2025, a former executive officer transferred 20,606 shares of Kopin common stock at $2.66 per share, coded as an "F" transaction.
According to the filing, these shares were remitted back to Kopin as payment for taxes due when restrictions lapsed on a restricted common stock grant. After this transaction, the reporting person directly beneficially owned 610,277 Kopin shares.
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FAQ
What insider transaction did Kopin (KOPN) report on December 10, 2025?
The filing shows that on December 10, 2025, a former executive officer disposed of 20,606 shares of Kopin common stock at $2.66 per share, reported with transaction code F.
Why were 20,606 Kopin (KOPN) shares remitted in this Form 4?
The filing explains that the 20,606 shares were remitted back to Kopin Corporation as payment for taxes due upon the lapse of restrictions on a restricted common stock grant.
How many Kopin (KOPN) shares does the reporting person own after this transaction?
Following the reported transaction, the insider directly beneficially owned 610,277 shares of Kopin common stock.
What does transaction code "F" mean in this Kopin (KOPN) Form 4?
Transaction code "F" indicates a disposition of shares to the issuer for tax withholding, which matches the explanation that shares were remitted to cover taxes on a restricted stock vesting.
Is the Kopin (KOPN) insider transaction a market sale of shares?
No. The filing states that the 20,606 shares were remitted back to Kopin Corporation as payment for taxes on a restricted stock grant, rather than an open-market sale.
What is the relationship of the reporting person to Kopin (KOPN)?
The relationship is listed as Other – Former Executive Officer, indicating the insider previously held an executive role at Kopin Corporation.