Form 4: Kopin Director Margaret Seif Acquires 64,500 Restricted Shares Under Equity Plan
Insider Transaction Report
Kopin Corporation Director Margaret K. Seif has acquired 64,500 shares of common stock as restricted stock, vesting in June 2026, under the company's 2020 Equity Incentive Plan.
Summary
- Margaret K. Seif, a Director of Kopin Corporation (KOPN), acquired 64,500 shares of common stock.
- The acquisition occurred on June 26, 2025, and was an acquisition (A) transaction.
- The shares were acquired at a price of $0.00, indicating a grant of restricted stock.
- Following this transaction, Margaret K. Seif beneficially owns a total of 129,000 shares of Kopin Corporation common stock.
- The acquired shares are restricted stock and will vest on June 26, 2026.
- The grant is subject to the terms of Kopin Corporation's 2020 Equity Incentive Plan.
- The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged transaction.
Sentiment
Score: 7
Explanation: The acquisition of restricted stock by a director is generally a positive signal, indicating alignment of interests and confidence in the company's future, although it is a routine compensation event rather than a direct investment.
Positives
- The acquisition of 64,500 restricted shares by a director aligns the director's interests with those of shareholders, signaling confidence in the company's future.
- The grant is part of the company's 2020 Equity Incentive Plan, indicating a structured approach to executive and director compensation.
Future Outlook
The vesting of the restricted stock on June 26, 2026, indicates a future milestone for the director's equity compensation.
Industry Context
This transaction is a routine insider filing (Form 4) for a director's equity compensation, common across publicly traded companies as part of their incentive plans to align management and director interests with shareholders.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Incentive Plan Utilization | The transaction was made pursuant to the Issuer's 2020 Equity Incentive Plan, demonstrating the ongoing use of the plan for director compensation. | 06/26/2025 | Reinforces alignment between director incentives and shareholder value through long-term equity holdings. |
| Rule 10b5-1 Plan Adoption | The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan designed to comply with insider trading regulations. | 06/26/2025 | Enhances transparency and reduces the perception of opportunistic insider trading. |
Stakeholder Impact
- Shareholders: The grant of restricted stock to a director can be viewed positively as it aligns the director's financial interests with the long-term performance of the company, potentially fostering more shareholder-friendly decisions.
- Employees: While not directly impacting employees, the use of an equity incentive plan for directors may reflect broader compensation strategies within the company.
Next Steps
- The restricted stock granted to Margaret K. Seif is scheduled to vest on June 26, 2026.
Key Dates
| Date | Description |
|---|---|
| 06/26/2025 | Date of transaction for the acquisition of 64,500 shares of common stock. |
| 06/27/2025 | Date the Form 4 was signed by John J. Concannon, as Attorney-in-fact for Margaret K. Seif. |
| 06/26/2026 | Date when the restricted stock acquired by Margaret K. Seif will vest. |
Keywords
Kopin Corporation, KOPN, SEC Form 4, Insider Transaction, Restricted Stock, Equity Incentive Plan, Director Compensation, Stock Grant, Beneficial Ownership
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