Form 4: Kopin Corporation CEO Michael Murray Acquires Shares and Options Under Equity Incentive Plan

CEO Michael Murray reports acquisition of shares and options in Kopin Corporation under the company's 2020 Equity Incentive Plan.

Summary

• On January 3, 2025, Michael Andrew Murray, CEO of Kopin Corporation, acquired 408,634 shares of common stock at $0.00 and options to purchase 591,366 shares of common stock at an exercise price of $1.76.
• These transactions were made under the Company's 2020 Equity Incentive Plan.
• The shares cliff vest in three years and are subject to restrictions.
• The options vest quarterly over a four-year period from the grant date (1/3/2025) and are also subject to restrictions.
• Following the reported transaction, Murray directly owns 2,667,608 shares of Kopin Corporation common stock and options to purchase 591,366 shares.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of stock and option grants to the CEO. It doesn't contain overtly positive or negative information.

Positives

• The CEO's acquisition of shares and options may signal confidence in the company's future performance.

Industry Context

This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment if viewed as the CEO's increased alignment with shareholder interests.

Key Dates