Form 4: Kopin CEO Sells Shares for Tax Obligations

Kopin Corporation's CEO, Michael Andrew Murray, disposed of 93,477 shares of common stock to cover tax obligations related to a restricted stock grant.

Summary

• Michael Andrew Murray, CEO and Director of Kopin Corporation (KOPN), disposed of 93,477 shares of common stock.
• The transaction occurred on December 10, 2025, at a price of $2.66 per share.
• The shares were remitted back to Kopin Corporation as payment for taxes due on the lapse of restrictions on a restricted common stock grant.
• Following this transaction, Michael Andrew Murray beneficially owns 2,574,131 shares of Kopin Corporation common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale for tax purposes related to a restricted stock grant, which is a neutral event in terms of company performance or management's outlook. It does not indicate a change in fundamental sentiment.

Positives

• The underlying event, the lapse of restrictions on a restricted common stock grant, indicates a vesting event for the CEO's equity compensation.

Negatives

• The CEO's direct beneficial ownership of common stock decreased by 93,477 shares as a result of this transaction.

Future Outlook

NA

Industry Context

This filing is a routine insider transaction report and does not provide information related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: The transaction represents a minor reduction in the CEO's direct beneficial ownership, but it is a common occurrence for tax purposes and not indicative of a change in management's confidence or strategic direction. The CEO retains a substantial stake of over 2.5 million shares.

Key Dates

Recommendation

This Form 4 details a routine, non-discretionary sale of shares by the CEO to cover tax obligations arising from a restricted stock grant. Such transactions are common and do not typically reflect a change in the company's fundamentals or the insider's long-term view. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Kopin, KOPN, Form 4, Insider Transaction, Stock Sale, CEO, Michael Andrew Murray, Restricted Stock, Tax Obligation