Murray Michael Andrew 4
Research Summary
AI-generated summary
Kopin (KOPN) CEO Michael Murray Sells 33,334 Shares
What Happened
Michael Andrew Murray, CEO and Director of Kopin Corporation (KOPN), sold 33,334 shares in an open-market transaction on March 25, 2026. The weighted average sale price was $2.32 per share (range $2.15–$2.44), generating proceeds of approximately $77,235. This was a sale (not a purchase), executed under a pre-established plan.
Key Details
- Transaction date: 2026-03-25; Form 4 filed: 2026-03-27 (filed timely).
- Transaction type: Open-market sale (Code S).
- Shares sold: 33,334 shares.
- Price: Weighted average $2.32; individual sale prices ranged $2.15–$2.44.
- Proceeds: Approximately $77,235.
- Footnote F1: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted Nov 24, 2025.
- Footnote F2: Price shown is weighted average; the reporter will provide per-price breakdown on request.
- Shares owned after transaction: Not provided in the excerpt of this filing.
Context
Sales under Rule 10b5-1 plans are typically pre-arranged and can be routine, so they do not necessarily signal the insider’s current view on the company. Purchases tend to be more indicative of insider confidence; this filing documents a routine, pre-planned disposition.