Kopin (NASDAQ: KOPN) CEO sells 33,334 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KOPIN CORP CEO Michael Andrew Murray reported an open-market sale of 33,334 shares of common stock at a weighted average price of $2.317 per share. The sales were executed under a Rule 10b5-1 trading plan adopted on November 24, 2025. Following the transaction, he directly owns 3,124,455 shares of Kopin common stock, indicating this was a relatively small portion of his overall holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 33,334 shares ($77,235)
Net Sell
1 txn
Insider
Murray Michael Andrew
Role
CEO
Sold
33,334 shs ($77K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 33,334 | $2.317 | $77K |
Holdings After Transaction:
Common Stock — 3,124,455 shares (Direct)
Footnotes (1)
- 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.15 to $2.44, inclusive. 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.
FAQ
What insider transaction did KOPIN CORP (KOPN) disclose for CEO Michael Andrew Murray?
KOPIN CORP disclosed that CEO Michael Andrew Murray sold 33,334 shares of common stock. The sale was an open-market transaction at a weighted average price of $2.317 per share, reducing but not substantially changing his overall share ownership.
What does the weighted average price mean in the KOPN CEO’s Form 4 sale?
The Form 4 lists a weighted average price of $2.317 per share. A footnote clarifies the CEO sold shares in multiple trades between $2.15 and $2.44, and he will provide the exact volumes at each price upon reasonable request.