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On 7 Aug 2025 Kopin Corporation (Nasdaq: KOPN) filed a Form 8-K to report the appointment of Mr. Erich Manz as Chief Financial Officer, effective 2 Sep 2025.
Mr. Manz joins after a 25-year career at Allegro MicroSystems where he most recently served as Business Unit CFO. His compensation package includes:
- $300,000 annual base salary
- 400,000 restricted shares vesting 25 % each 10 Dec beginning 2026
- Annual performance-based cash and long-term incentive opportunity
- Eligibility for the Company鈥檚 standard employee benefits
The Company issued a press release (Exhibit 99.1) announcing the leadership change. No other material events, financial results or transactions were disclosed.
Kopin Corp director Paul V. Walsh Jr. received a grant of 64,500 restricted stock shares on June 26, 2025. The shares were awarded at $0.00 per share under the company's 2020 Equity Incentive Plan.
Key details of the transaction:
- The restricted stock will fully vest on June 26, 2026
- Following the transaction, Walsh owns a total of 129,000 shares directly
- The shares are subject to restrictions under the company's 2020 Equity Incentive Plan
- The transaction was reported via Form 4 filing, signed by John J. Concannon as attorney-in-fact
This equity grant appears to be part of the company's director compensation program, aligning the director's interests with those of shareholders through stock ownership.
Kopin Corp (KOPN) director Margaret K. Seif received a grant of 64,500 restricted stock shares on June 26, 2025. The shares were awarded at $0.00 per share under the company's 2020 Equity Incentive Plan.
Key details of the transaction:
- The restricted stock will vest on June 26, 2026
- Following the transaction, Seif directly owns 129,000 shares
- The Form 4 was filed through an attorney-in-fact on June 27, 2025
- This was a non-derivative securities transaction with no accompanying options or other derivative securities
This equity grant appears to be part of the company's director compensation program, representing a significant increase in Seif's direct ownership position in the company.
Kopin Corp director Jill Janice Avery received a new grant of restricted stock according to this Form 4 filing. The transaction details include:
- Acquired 64,500 shares of common stock on June 26, 2025
- Shares were granted at $0.00 per share as restricted stock
- Total beneficial ownership following transaction: 159,000 shares (Direct ownership)
- The restricted stock will vest on June 26, 2026
- Grant made under the company's 2020 Equity Incentive Plan
This equity award appears to be part of the company's director compensation program. The shares are subject to a one-year vesting period, indicating a retention mechanism for the director's services. The transaction was reported within the required two-business-day filing window.
Kopin Corp (KOPN) director David J. Nieuwsma received a grant of 64,500 restricted stock shares on June 26, 2025. The shares were awarded at $0.00 per share under the company's 2020 Equity Incentive Plan.
Key details of the transaction:
- The restricted stock will vest on June 26, 2026
- Following the transaction, Nieuwsma now beneficially owns 193,500 shares directly
- The Form 4 was filed by John J. Concannon as attorney-in-fact on June 27, 2025
This equity grant appears to be part of the company's director compensation program, representing a significant increase in Nieuwsma's stake in the company. The one-year vesting period aligns the director's interests with long-term shareholder value.
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