Ocean Power Technologies (OPTT) grants 414,578 RSUs to counsel

Rhea-AI Filing Summary

Ocean Power Technologies Senior VP and General Counsel Tracy Pagliara received an award relating to 414,578 shares of common stock on 01/27/2026. Each restricted stock unit represents a contingent right to receive one share of the company’s restricted stock at no cash cost.

These restricted stock units are subject to time-based vesting in 2027, 2028 and 2029. Following this grant, Pagliara beneficially owns 979,808 shares of Ocean Power Technologies common stock in direct ownership.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider PAGLIARA TRACY D

Role Senior VP and General Counsel

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	414,578	$0.00	--

Holdings After Transaction: Common Stock — 979,808 shares (Direct)

Footnotes (1)

1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's restricted stock. Represents shares underlying restricted stock units subject to time-based vesting in 2027, 2028 and 2029.

Form 4 Insider Transactions: What Each Field Means →

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

PAGLIARA TRACY D

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior VP and General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
01/27/2026

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	01/27/2026		A		414,578(2)	A	(1)	979,808	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:

1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's restricted stock.

2. Represents shares underlying restricted stock units subject to time-based vesting in 2027, 2028 and 2029.

	/s/ Tracy Pagliara	01/28/2026
	** 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 insider transaction did Ocean Power Technologies (OPTT) report for Tracy Pagliara?

Ocean Power Technologies reported that Senior VP and General Counsel Tracy Pagliara received an award tied to 414,578 shares of common stock on January 27, 2026. The award consists of restricted stock units that convert into restricted shares over several future years.

How many Ocean Power Technologies (OPTT) shares does Tracy Pagliara own after the reported grant?

After the reported equity grant, Tracy Pagliara beneficially owns 979,808 shares of Ocean Power Technologies common stock. This figure reflects direct ownership immediately following the award of 414,578 restricted stock units reported for January 27, 2026.

What are the key terms of the 414,578 restricted stock units reported by OPTT?

The 414,578 restricted stock units each represent a contingent right to receive one share of Ocean Power Technologies’ restricted stock. These units are subject to time-based vesting, with vesting scheduled across calendar years 2027, 2028 and 2029 under the award’s terms.

Was any cash paid for the 414,578 Ocean Power Technologies shares received by Tracy Pagliara?

The filing shows a price per share of $0.0000 for the 414,578 common shares underlying the restricted stock units. This indicates the award was granted as equity compensation rather than purchased for cash in the open market or through another paid transaction.

What role does Tracy Pagliara hold at Ocean Power Technologies (OPTT) in this Form 4 filing?

In the Form 4, Tracy Pagliara is identified as an officer of Ocean Power Technologies with the title Senior VP and General Counsel. The reported transaction reflects equity compensation associated with this executive role and is filed as a single-reporting-person transaction.