Ocean Power Technologies: interim ceo Tracy D Pagliara received 75,000 shares

What happened

• Tracy D Pagliara, interim president and CEO and director, was granted 75,000 restricted stock units (transaction code A) on Sep 30, 2026. The filing lists the price as N/A and total value as N/A.

Key details

• Transaction date: Sep 30, 2026; transaction code: A (award/grant).
• Price/total value: listed as N/A in the filing.
• Shares owned after the transaction: not provided in the information supplied.
• Footnotes from the filing:
  • F1: Each restricted stock unit represents a contingent right to receive one share of the issuer's restricted stock.
  • F2: Represents shares underlying restricted stock units subject to time-based vesting in 2027.
• Filing timeliness: the filing date is Oct 2, 2026; the filing does not indicate that it was filed late based on the information supplied.

Why it may matter

• This filing reports an award of restricted stock units, which are contingent rights to receive shares and are subject to time-based vesting in 2027 per the footnote.
• This was an equity award rather than an open-market purchase or sale; it does not report an immediate sale of shares.
• The filing does not show why the insider traded or why the company acted.