Welcome to our dedicated page for Ocean Power Tech SEC filings (Ticker: OPTT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Ocean Power Technologies, Inc. (OPTT) SEC filings page brings together the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As a NYSE American-listed issuer, Ocean Power Technologies submits annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and proxy statements such as its definitive proxy statement on Schedule 14A.
Through these filings, investors can review information on OPT’s intelligent maritime solutions business, including its PowerBuoy® platforms, WAM-V® unmanned and autonomous surface vessels, Merrows™ Maritime Domain Awareness Solution, and related marine robotics and services. Current reports on Form 8-K have covered topics such as fiscal quarter results, material contracts like a multi-buoy project for the U.S. Department of Homeland Security, strategic partnerships with Mythos AI and Gradient Marine, financing transactions involving convertible notes, and certifications related to uncrewed maritime systems training.
Annual and quarterly reports provide audited and interim financial statements, management’s discussion and analysis, and risk factor disclosures that frame the company’s operations in defense and security, oil and gas, science and research, and offshore wind markets. Definitive proxy statements detail matters submitted to stockholders, including director elections, amendments to equity incentive plans, and proposed changes to authorized share counts, as well as information on corporate governance and executive compensation.
On this page, users can access these SEC documents as they are made available through EDGAR, along with AI-powered summaries that highlight key points from lengthy filings. This can help readers quickly understand major developments, financial trends, governance proposals, and other material information contained in Ocean Power Technologies’ 10-K, 10-Q, 8-K, and proxy filings, as well as track any insider-related disclosures reported on applicable forms.
Ocean Power Technologies, Inc. reported an insider share transaction by its President and CEO, Philipp Stratmann. On the reported date, he disposed of 901,096 shares of common stock in a tax-withholding disposition, meaning shares were withheld to cover tax obligations triggered by the vesting of restricted stock units.
The price used for this withholding was an aggregate estimate of $0.434 per share, as disclosed. After this transaction, Stratmann's directly owned common stock holdings totaled 1,932,356 shares, indicating he continues to hold a substantial equity position in the company.
Ocean Power Technologies, Inc.322,897 shares of common stock were withheld at an estimated $0.434 per share to cover tax obligations triggered by the vesting of restricted stock units. After this tax-withholding disposition, Pagliara directly owned 858,353 shares of common stock. The filing clarifies that this was a share withholding to satisfy taxes, not an open-market trade.
Ocean Power Technologies, Inc. Senior VP and CFO Robert Patrick Powers reported a disposition of common stock related to tax withholding. On March 5, 2026, 437,550 shares of common stock were withheld at an aggregate estimated price of $0.434 per share to satisfy tax obligations upon the vesting of restricted stock units. After this tax-withholding disposition, he directly owned 1,037,129 shares of Ocean Power Technologies common stock.
Ocean Power Technologies filed a current report describing a press release about global security tensions and the role of its autonomous maritime systems. The company highlights how instability in the Middle East has put more attention on protecting shipping lanes and offshore energy infrastructure.
OPT states that its regional partners and team members in the Middle East are safe and that operations and customer support continue without disruption. The release emphasizes its autonomous platforms, including PowerBuoy and WAM-V vessels, which are designed for long-duration unmanned monitoring, communications, and infrastructure protection in challenging environments.
The company notes continued engagement with U.S. and allied defense, security, and energy stakeholders to advance autonomous offshore capabilities, and includes standard forward-looking statement language referencing potential risks and uncertainties related to adoption and performance of its systems.
Ocean Power Technologies, Inc. reported new operational milestones and a fresh government contract. The company shipped a WAM-V® autonomous surface vehicle to Greece, expanding its international deployments, and advanced its offshore docking and charging program from prototype to full-scale build toward a planned 2026 early access launch.
OPT also highlighted progress in autonomous navigation through its collaboration with Mythos AI. Separately, the company received an approximately $1.5 million U.S. Coast Guard order to install and deploy previously ordered buoy systems, which is expected to contribute to near-term revenue once the systems are fielded and enter active service.
Ocean Power Technologies President and CEO Philipp Stratmann reported the vesting and settlement of several restricted stock unit (RSU) awards into common stock on January 30, 2026.
He acquired 100,162 shares of common stock upon time-based RSU vesting from a January 2024 grant, and an additional 100,198 and 392,553 shares of common stock tied to performance-based RSUs granted on January 31, 2024 and January 16, 2025, respectively, after the performance criteria were deemed satisfied on January 30, 2026. Each RSU represents a right to receive one share of the company’s restricted stock. Following these transactions, Stratmann directly beneficially owns 2,833,452 shares of Ocean Power Technologies common stock, as well as RSU positions shown in the derivative table, all at a reported transaction price of $0.00 per share.
Ocean Power Technologies insider equity award: Senior VP and General Counsel Tracy D. Pagliara reported a performance-based equity vesting. On January 30, 2026, 201,442 restricted stock units vested, each representing a right to receive one share of restricted common stock. This resulted in the acquisition of 201,442 shares of common stock at a price of $0 per share. Following this transaction, Pagliara directly beneficially owned 1,181,250 shares of Ocean Power Technologies common stock.
Ocean Power Technologies CFO Robert Patrick Powers reported multiple share acquisitions tied to restricted stock unit (RSU) vesting on January 30, 2026. He acquired 54,013, 54,032, and 173,920 shares of common stock at a price of $0 per share.
The 54,013 shares reflect time-based vesting of RSUs granted in January 2024. The 54,032 and 173,920 shares relate to RSUs granted on January 31, 2024 and January 16, 2025, which vested upon achievement of specified performance criteria deemed met on January 30, 2026. Following these transactions, he directly owned 1,474,679 shares of common stock and held RSUs covering 54,032 and 173,920 shares.
Ocean Power Technologies director Jim Raymond Thompson received an equity award in the form of restricted stock units. On 01/27/2026, he was granted 151,189 units, each representing a right to receive one share of the company’s restricted stock, at no cash price.
These units are subject to time-based vesting in 2027. Following this grant, Thompson is reported as directly beneficially owning 151,189 shares of Ocean Power Technologies common stock.
Ocean Power Technologies CFO Robert Patrick Powers reported an equity award of common stock on January 27, 2026. He was granted 427,447 shares, representing shares underlying restricted stock units that vest over time in 2027, 2028 and 2029.
Each restricted stock unit gives a contingent right to receive one share of the company’s restricted stock. Following this award, Powers beneficially owns 1,192,714 shares of Ocean Power Technologies common stock in direct ownership.