Form 4: Kopin Corp CEO Sells Shares Under 10b5-1 Plan

Kopin Corporation CEO Michael Andrew Murray has completed the sale of 96,800 shares of common stock, totaling $3.01 on average, as part of a pre-established Rule 10b5-1 trading plan.

Summary

• Michael Andrew Murray, CEO of Kopin Corporation, sold 96,800 shares of common stock on April 17, 2026.
• The sale was executed at a weighted average price of $3.01 per share, with individual transactions ranging from $3.00 to $3.06.
• These sales were conducted under a Rule 10b5-1 trading plan adopted on November 24, 2025.
• This transaction marks the completion of the reporting person's Rule 10b5-1 trading plan.
• Following these transactions, Murray beneficially owns 2,771,122 shares of Kopin Corporation common stock.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a neutral to slightly negative sentiment due to the CEO's sale of a significant number of shares, despite the execution under a Rule 10b5-1 plan.

Positives

• The sales were executed under a pre-planned Rule 10b5-1 trading plan, indicating a structured and non-insider trading approach to share disposition.
• The plan has been fully executed and is now complete, providing clarity on this specific trading activity.

Negatives

• A significant number of shares (96,800) were sold by the CEO.
• The sale occurred at a price point that may be viewed as a potential indicator of management's short-term valuation perspective.

Risks

• Potential for negative market perception due to the CEO's sale of a substantial number of shares, even if executed under a pre-planned strategy.
• The weighted average sale price might suggest a downward trend or a desire to exit at a specific price level.

Future Outlook

The filing does not contain forward-looking statements or guidance. It solely reports on past transactions.

Management Comments

• The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 24, 2025.
• This transaction represents the final sales under the reporting person's Rule 10b5-1 trading plan, which has been fully executed and is now complete.
• The reporting person undertakes to provide to Kopin Corporation, any security holder of Kopin Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Industry Context

StockSavvy.ai notes that Form 4 filings, particularly those involving sales by C-suite executives, are closely scrutinized by investors. While a Rule 10b5-1 plan is designed to mitigate insider trading concerns, significant sales can still influence market sentiment, especially in technology sectors where executive confidence is a key indicator.

Stakeholder Impact

• Shareholders may interpret the CEO's sale as a signal of reduced confidence in the short-term stock performance, potentially impacting share price.
• Employees holding stock options or shares may also be influenced by the CEO's selling activity.

Next Steps

• The Rule 10b5-1 trading plan has been fully executed and is now complete.

Key Dates

Recommendation

The filing reports a sale of shares by the CEO under a pre-established 10b5-1 plan. While this indicates a planned disposition rather than immediate insider knowledge, the sale of a significant number of shares warrants caution. Without further context on the company's performance or the CEO's personal financial needs, a 'hold' recommendation is prudent, suggesting investors monitor future filings and company performance closely.

Keywords

Kopin Corporation, KOPN, Form 4, Insider Trading, Rule 10b5-1, Stock Sale, CEO, Michael Andrew Murray, Beneficial Ownership, Securities Exchange Act