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.
Ocean Power Technologies filings document material events for an operating company commercializing marine power, data, autonomous surface vessel and maritime domain awareness systems. Recent 8-K reports cover securities purchase agreements for convertible notes, product and program updates involving PowerBuoy® and WAM-V® systems, preliminary operating results, Regulation FD communications, and press releases tied to government and commercial maritime deployments.
The filing record also includes governance and capital-structure disclosures, including equity incentive plan amendments, annual meeting voting results, common stock issuance mechanics, note conversion terms, covenants, interest provisions and beneficial ownership caps. These documents formalize OPTT disclosures on financing, stockholder votes, executive-compensation plans, operational updates, customer programs, and public-company reporting obligations.
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.
Ocean Power Technologies director reports no holdings
Ocean Power Technologies, Inc. director Jim Raymond Thompson filed an initial ownership report stating that he beneficially owns no company securities. The Form 3 confirms his status as a director and indicates that neither non-derivative nor derivative securities are currently reported as owned.
Ocean Power Technologies director reports no share ownership. Corliss J. Montesi filed an initial Form 3 as a director of Ocean Power Technologies, Inc. This filing states that no non-derivative or derivative securities of the company are beneficially owned, meaning the director reports holding no OPTT shares or related instruments.
Ocean Power Technologies, Inc. reported actions from its January 27, 2026 Board meeting and 2025 Annual Meeting of Stockholders. The Board amended the Employment Inducement Incentive Award Plan to increase the common shares available for equity awards from 990,000 to 1,990,000, for use only with qualifying new hires under NYSE American rules.
Stockholders approved amendments to the Amended & Restated 2015 Omnibus Incentive Plan, raising the share pool from 27,282,036 to 32,282,036 and updating grant limits and tax withholding features so withheld shares can again be issued. They also approved a Charter Amendment increasing authorized common stock from 300,000,000 to 400,000,000.
All five director nominees were elected, Baker Tilly US, LLP was ratified as auditor for the fiscal year ending April 30, 2026, and executive compensation received advisory approval. Related charter and plan amendments were filed as exhibits.
Ocean Power Technologies President and CEO Philipp Stratmann, who is also a director, reported several equity award events in the company’s stock on January 16, 2026. A block of 569,045 restricted stock units was exercised into common stock at an exercise price of $0, following performance-based vesting criteria that were deemed met on that date. Additional common stock entries of 161,801 shares and 617,508 shares reflect shares tied to restricted stock units that vest based on time-based schedules in 2026 and 2027, including units granted in January 2023 and 2025. The filing also shows a disposition of 527,846 common shares at a price of $0. After these transactions, Stratmann directly owned 1,434,595 shares of Ocean Power Technologies common stock.
Ocean Power Technologies director Terence James Cryan reported the vesting of 1,354,802 shares of common stock on January 16, 2026. These shares were acquired at no cash cost to him upon vesting of a restricted stock unit award that had been granted in January 2025. Each restricted stock unit represents a contingent right to receive one share of the company’s restricted stock. Following this award, Cryan beneficially owns 1,955,395 shares of Ocean Power Technologies common stock in direct ownership.