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 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.
Ocean Power Technologies director reports stock award. Director Clyde W. Hewlett received 151,189 shares of Ocean Power Technologies, Inc. common stock on January 27, 2026 as an award of restricted stock units, with no cash price per share reported. Each unit represents a right to receive one share of restricted stock and is subject to time-based vesting in 2027. Following this grant, Hewlett beneficially owns 1,133,075 shares of the company’s common stock in direct ownership.
Ocean Power Technologies President and CEO Philipp Stratmann, who also serves as a director, reported an equity award from the company. On January 27, 2026, he received 805,944 shares of common stock in the form of restricted stock units granted at no cash cost.
These restricted stock units are scheduled to vest over time in 2027, 2028 and 2029, tying the award to continued service and long-term performance. After this grant, Stratmann beneficially owned 2,240,539 shares of Ocean Power Technologies common stock in total, held directly.
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.
Ocean Power Technologies director Terence James Cryan received an equity award tied to the company’s common stock. On 01/27/2026, he acquired 377,973 shares of common stock at a price of $0.00 per share, in the form of restricted stock units.
Each restricted stock unit represents the right to receive one share of restricted stock, and these units are subject to time-based vesting in 2027. Following this grant, Cryan beneficially owns 2,333,368 shares of Ocean Power Technologies common stock, held directly.
Ocean Power Technologies director Corliss J. Montesi reported an equity award. On January 27, 2026, Montesi was granted 151,189 shares of common stock at no purchase price, representing shares underlying restricted stock units that are subject to time-based vesting in 2027. Following this award, Montesi directly beneficially owns 151,189 shares.