Insider Purchase: OPTT CEO Adds 3,989 Shares to 517,714 Holding

Rhea-AI Filing Summary

Ocean Power Technologies insider Philipp Stratmann, who serves as President and CEO and a director, reported purchasing 3,989 shares of common stock on 09/17/2025 at a price of $0.495 per share. After the transaction he beneficially owns 517,714 shares. The Form 4 was signed on 09/18/2025.

Positive

• Insider purchase disclosed: CEO/Director Philipp Stratmann acquired 3,989 shares on 09/17/2025 at $0.495.
• Increased direct ownership: Reported beneficial ownership rose to 517,714 shares.

Negative

• None.

Insights

Corporate Insider / Executive

TL;DR: CEO purchased a small block of shares, modestly increasing direct ownership to 517,714 shares.

This Form 4 discloses a routine open-market purchase of 3,989 shares at $0.495 by Philipp Stratmann, who is both President and CEO and a director. The filing shows direct beneficial ownership and appears to be a standard insider acquisition rather than an option exercise or derivative transaction. The size of the purchase relative to total holdings is limited, indicating a modest incremental buy.

Securities Analyst

TL;DR: Insider buying disclosed; transaction is small and likely not material to valuation.

The report identifies a purchase coded as 'P' on 09/17/2025 for 3,989 shares at $0.495, increasing reported beneficial ownership to 517,714 shares. The filing is straightforward with no derivative activity reported. From a compliance and disclosure perspective the Form 4 fulfills Section 16 reporting requirements and provides transparency on insider activity.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Stratmann Philipp

(Last) (First) (Middle)

C/O OCEAN POWER TECHNOLOGIES, INC.

28 ENGELHARD DRIVE, SUITE B

(Street)

MONROE TOWNSHIP NJ 08831

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Ocean Power Technologies, Inc. [ OPTT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/17/2025		P		3,989	A	$0.495	517,714	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Philipp Stratmann	09/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Philipp Stratmann report on Form 4 for OPTT?

He reported purchasing 3,989 shares of Ocean Power Technologies common stock on 09/17/2025 at $0.495 per share.

What is Philipp Stratmann's role at Ocean Power Technologies (OPTT)?

The Form 4 identifies Philipp Stratmann as President and CEO and a director of the company.

How many shares does Philipp Stratmann beneficially own after the reported transaction?

Following the purchase he beneficially owns 517,714 shares.

When was the Form 4 signed?

The Form 4 bears the reporting person's signature dated 09/18/2025.

Was any derivative/security other than common stock reported?

No. The filing shows only a non-derivative common stock purchase; no derivative securities were reported.