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 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.
Ocean Power Technologies director Peter E. Slaiby reported the vesting of 593,208 shares of common stock on January 16, 2026. The shares were acquired at no cost to him, as they came from restricted stock units that convert into common stock when they vest. After this award, he beneficially owns 1,052,014 shares directly. The filing notes that each restricted stock unit represents a contingent right to receive one share of restricted stock, and that these shares were acquired upon vesting of a unit grant made in January 2025.
Ocean Power Technologies reported an insider equity award for Senior VP and General Counsel Tracy Pagliara. On January 16, 2026, Pagliara acquired 273,256 restricted stock units (RSUs) at a price of $0 per unit. Each RSU represents a contingent right to receive one share of restricted common stock.
The filing also shows Pagliara acquired 291,974 common shares upon time-based vesting of RSUs granted in January 2025, and an additional 273,256 common shares when performance-based RSUs granted on January 16, 2025 were deemed to have met their criteria on January 16, 2026. Following these transactions, Pagliara directly owned 565,230 shares of common stock.
Ocean Power Technologies CFO Robert Patrick Powers reported several equity transactions on January 16, 2026 involving restricted stock units (RSUs) and common stock. A grant of 252,115 RSUs was reported as acquired through the exercise of derivative securities, with each RSU representing a contingent right to receive one share of restricted stock. The filing shows common stock acquisitions of 31,458, 278,255, and 252,115 shares tied to time-based and performance-based RSU vesting. It also reports the disposition of 103,983 common shares at a price of $0, leaving Powers with 765,267 common shares held directly after these transactions.
Ocean Power Technologies director Clyde W. Hewlett reported the vesting of restricted stock units into 558,080 shares of common stock on January 16, 2026. The filing shows these shares were acquired at a stated price of $0.0000 per share, indicating they came from an equity award rather than an open-market purchase. According to the report, Hewlett now directly owns 981,886 shares of Ocean Power Technologies common stock. Footnotes explain that each restricted stock unit represents a right to receive one share and that the shares were issued upon vesting of a unit grant from January 2025.
Ocean Power Technologies director Diana G. Purcel reported an equity award vesting that increased her direct holdings in the company. On January 16, 2026, she acquired 903,748 shares of Ocean Power Technologies common stock in a transaction coded "A" (acquisition) at a reported price of $0.00 per share. The filing explains that these shares were received upon the vesting of restricted stock units that were granted in January 2025, with each unit representing the right to receive one share of restricted stock.
After this vesting, Purcel directly owned a total of 1,327,554 shares of Ocean Power Technologies common stock. The transaction reflects stock-based compensation rather than an open-market purchase or sale, and Purcel is identified in the filing as a director of the company.