Kopin (KOPN) CEO completes preplanned sale of 96,800 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KOPIN CORP director and CEO Michael Andrew Murray sold 96,800 shares of Common Stock in an open-market transaction. The shares were sold at a weighted average price of $3.01 per share, with individual trade prices ranging from $3.00 to $3.06.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted by Murray on November 24, 2025, and represents the final sales under that plan, which is now complete. After this transaction, he continues to hold 2,771,122 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 96,800 shares ($291,368)
Net Sell
1 txn
Insider
Murray Michael Andrew
Role
CEO
Sold
96,800 shs ($291K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 96,800 | $3.01 | $291K |
Holdings After Transaction:
Common Stock — 2,771,122 shares (Direct, null)
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. This transaction represents the final sales under the reporting person's Rule 10b5-1 trading plan, which has been fully executed and is now complete. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.00 to $3.06, 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: 96,800 shares
Weighted average sale price: $3.01 per share
Sale price range: $3.00–$3.06 per share
+2 more
5 metrics
Shares sold
96,800 shares
Open-market sale on April 17, 2026
Weighted average sale price
$3.01 per share
Common Stock sale under Rule 10b5-1 plan
Sale price range
$3.00–$3.06 per share
Multiple transactions within this range
Shares held after transaction
2,771,122 shares
Direct ownership following sale
Trading plan adoption date
November 24, 2025
Rule 10b5-1 plan governing these sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
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.
FAQ
What insider transaction did KOPIN CORP (KOPN) report for its CEO?
KOPIN CORP reported that CEO Michael Andrew Murray sold 96,800 shares of Common Stock in an open-market transaction. The sale was executed under a Rule 10b5-1 trading plan and reflects a planned disposition rather than a spontaneous market trade.
What does the price range of $3.00 to $3.06 mean in the KOPN Form 4?
The filing reports a weighted average sale price of $3.01 per share, with trades executed between $3.00 and $3.06. This means multiple trades occurred within that range, and the reporting person offers to provide detailed share counts at each specific price upon request.