Baker Paul Christopher 4
Research Summary
AI-generated summary
KOPIN (KOPN) COO Baker Paul Christopher Sells 1,041 Shares
What Happened Baker Paul Christopher, Chief Operating Officer of KOPIN CORP (KOPN), sold 1,041 shares on 2026-05-05 at $4.90 per share for proceeds of $5,101. The filing indicates this was an open-market sale (transaction code S). Sales are often routine and do not necessarily signal a change in sentiment.
Key Details
- Transaction date and price: 2026-05-05 — 1,041 shares at $4.90 each.
- Total value: $5,101.
- Report filing: Form 4 filed 2026-05-06 (timely; Form 4s are generally due within two business days).
- Shares owned after the transaction: not specified in the supplied summary.
- Footnote: The sale was made pursuant to a pre-established Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2025.
Context A Rule 10b5-1 plan allows insiders to sell shares according to a predetermined schedule or formula and is intended to provide safe-harbor protection against insider trading allegations. Because this sale was executed under such a plan and is relatively small in dollar terms, it should be viewed as routine insider selling rather than a clear signal about company prospects.