Baker Paul Christopher 4
Research Summary
AI-generated summary
Kopin (KOPN) COO Paul Baker Sells 58,939 Shares
What Happened Paul Baker, Chief Operating Officer of Kopin Corp (KOPN), sold 58,939 shares on May 6, 2026 at $4.90 per share, generating total proceeds of $288,801. The sale was executed as an open-market transaction and reported on a Form 4 filed May 8, 2026. This was a sale (routine distribution of shares), not a purchase.
Key Details
- Transaction date and price: 2026-05-06 — 58,939 shares sold @ $4.90 each.
- Proceeds: $288,801 (gross).
- Filing date: Form 4 filed 2026-05-08 (timely within required reporting window).
- Footnote: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2025.
- Shares owned after transaction: not provided in the supplied filing excerpt.
Context
- Trades under a 10b5-1 plan are prearranged and can be automatic; they are common for insiders managing planned sales and reduce the ability to infer insider sentiment from the trade alone.
- Sales are generally less informative than purchases for signaling bullish conviction; this record documents a routine sale under a preexisting plan rather than a discretionary sale announced contemporaneously.