Form 4: Kopin Director Jill Avery Granted 64,500 Restricted Shares Under Equity Plan

Kopin Corporation's Director, Jill Janice Avery, was granted 64,500 shares of restricted common stock, vesting in June 2026, as part of the company's 2020 Equity Incentive Plan.

Summary

• Jill Janice Avery, a Director of Kopin Corporation (KOPN), acquired 64,500 shares of common stock.
• The transaction occurred on June 26, 2025.
• The shares were acquired at a price of $0.00, indicating a grant of restricted stock.
• Following this transaction, Ms. Avery beneficially owns a total of 159,000 shares of common stock.
• The acquired restricted stock is subject to vesting on June 26, 2026, and is governed by the terms of the Issuer's 2020 Equity Incentive Plan.

Sentiment

Score: 7

Explanation: The sentiment is positive as it represents a standard equity grant to a director, aligning their interests with the company's long-term performance. This is a routine compensation event and generally viewed favorably for corporate governance and incentivization.

Positives

• The grant of restricted stock to a director aligns the director's interests with those of the shareholders, incentivizing long-term performance and value creation.
• The transaction is part of an established 2020 Equity Incentive Plan, indicating a structured approach to executive and director compensation.

Risks

• Potential minor dilution for existing shareholders due to the issuance of new shares under the equity incentive plan, although this is a standard practice for equity compensation.

Future Outlook

The restricted stock granted to Director Jill Janice Avery is scheduled to vest on June 26, 2026, indicating a future milestone for the compensation arrangement.

Industry Context

This Form 4 filing details a routine insider transaction, specifically an equity grant to a director, which is a common practice across publicly traded companies to align management and board interests with shareholder value. It does not provide information on broader industry trends or competitive positioning.

Corporate Governance

Related Party Transactions

• The grant of 64,500 shares of restricted common stock to Jill Janice Avery, a Director of Kopin Corporation, constitutes a related party transaction as it involves compensation from the company to a member of its board.

Stakeholder Impact

• Shareholders: Potential minor dilution from the issuance of new shares, but also benefit from enhanced alignment of director interests with company performance.
• Director (Jill Janice Avery): Receives equity compensation, incentivizing long-term commitment and performance.

Next Steps

• The restricted stock granted to Jill Janice Avery is expected to vest on June 26, 2026.

Key Dates

Keywords

Kopin Corporation, KOPN, SEC Form 4, Insider Transaction, Restricted Stock Grant, Equity Incentive Plan, Director Compensation, Beneficial Ownership, Stock Vesting