Form 4: Kopin Director Jill Avery Receives Stock Grant
Statement of Changes in Beneficial Ownership
Director Jill Janice Avery acquired 64,500 shares of Kopin Corporation common stock via a restricted stock grant.
Summary
- Director Jill Janice Avery was granted 64,500 shares of Kopin Corporation (KOPN) common stock.
- The transaction occurred on June 10, 2026.
- The shares were acquired at a price of $0.00, representing a restricted stock award.
- Following this transaction, the director's total beneficial ownership increased to 223,500 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard director compensation practices.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
- Increase in total beneficial ownership by a member of the board.
Negatives
- None identified in this filing.
Risks
- Vesting of restricted stock is subject to the terms of the Issuer's A&R 2020 Equity Incentive Plan.
Future Outlook
The restricted stock is scheduled to vest on May 25, 2027, subject to the terms of the company's equity incentive plan.
Industry Context
StockSavvy.ai notes that equity grants to directors are standard corporate governance practices designed to align board incentives with long-term shareholder value, particularly in the technology and hardware sectors where Kopin operates.
Comparison to Industry Standards
- The use of restricted stock units (RSUs) for director compensation is consistent with standard practices for publicly traded companies of similar market capitalization.
- The vesting period of approximately one year is standard for annual director equity retainers.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Compensation | Grant of restricted stock to a director under the A&R 2020 Equity Incentive Plan. | 06/10/2026 | Standard alignment of director compensation with company performance. |
Stakeholder Impact
- Shareholders: Increased alignment of director interests with long-term equity performance.
Next Steps
- Vesting of the restricted stock on May 25, 2027.
Key Dates
| Date | Description |
|---|---|
| 06/10/2026 | Date of the restricted stock grant transaction. |
| 06/12/2026 | Date the Form 4 was signed and filed. |
| 05/25/2027 | Vesting date for the 64,500 restricted shares. |
Keywords
Kopin Corporation, KOPN, Form 4, Insider Trading, Director Compensation, Equity Incentive Plan
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