Slaiby Peter E. 4

What Happened
Peter E. Slaiby, a director of Ocean Power Technologies (OPTT), was issued 593,208 shares upon the vesting of restricted stock units on January 16, 2026. The filing lists the transaction as an award/acquisition (RSU vesting); no per‑share price or aggregate dollar value is provided in the Form 4.

Key Details

• Transaction date: 2026-01-16 (reported on Form 4 filed 2026-01-21) — the filing date is after the typical 2-business-day Form 4 window and may be late.
• Shares issued: 593,208 restricted stock units converted to shares; price: N/A; total value: N/A.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — each restricted stock unit (RSU) represents a contingent right to one share; F2 — these shares were acquired upon vesting of an RSU grant made in January 2025.
• Transaction type: Award/vesting (code A); not a market purchase or sale.

Context
RSU vesting is commonly part of executive/director compensation and represents issuance of company shares rather than an open-market trade — it is generally neutral in isolation and not a direct bullish/pessimistic signal. Because no sale occurred, there was no immediate cash proceeds or market transaction tied to these shares per the filing.