Ocean Power Technologies Inc.
Organization details
- Legal name
- Ocean Power Technologies Inc.
- Ownership
- Public
- Status
- Active
- Sector (GICS)
- Utilities
- SIC code
- 4911 — Electric Services
- Jurisdiction of incorporation
- New Jersey
- Headquarters city
- Monroe Township
- Headquarters state / province
- New Jersey
- Headquarters country
- United States
- Fiscal year end
- April
- Ticker symbol
- OPTT
- Primary stock exchange
- NYSE American
Identifiers
- SEC CIK
- 0001378140
- EIN
- 22-2535818
Board of directors
-
Anderson Natalie M. Lorenz · DirectorSince 2023
-
Clyde W. Hewlett · DirectorSince 2023
-
Corliss J. Montesi · DirectorSince 2026
-
Diana G. Purcel · DirectorSince 2023
-
Jim Raymond Thompson · DirectorSince 2026
-
Joseph A. DiGuardo · DirectorSince 2026
-
Peter E. Slaiby · DirectorSince 2023
-
Philipp Stratmann · Director · President and CEOSince 2023
-
Terence James Cryan · DirectorSince 2023
-
Tracy D. Pagliara · Director · Interim President and CEOSince 2026
Chief executives
Director election results
Annual meeting of January 27, 2026. Support is votes for as a share of votes for and against (or withheld). Below 80% is a clear protest.
-
84.1%
-
91.0%
-
91.3%
-
91.4%
-
91.5%
Board connections
3 of this board's directors also sit on 2 other boards.
- via Terence James Cryan and Tracy D. Pagliara
- via Diana G. Purcel
Insider trades
All notable trades →From SEC Forms 4 and 5. Open-market purchases and sales are highlighted; grants, option exercises and shares withheld for tax are routine.
- Bought, last 12 months
- $9,705
- 3 purchases by 2 insiders
- Sold, last 12 months
- $0
- 0 sales by 0 insiders
| Date | Insider | Transaction | Shares | Price | Value |
|---|---|---|---|---|---|
| Sep 30, 2026 | Tracy D. Pagliara Director, Officer (Interim President and CEO) | Grant or award | +75,000 | — | — |
| Mar 5, 2026 | Philipp Stratmann Director, Officer (President and CEO) | Shares withheld for tax | −901,096 | $0.43 | $387,471 |
| Mar 5, 2026 | Tracy D. Pagliara Officer (Senior VP and General Counsel) | Shares withheld for tax | −322,897 | $0.43 | $138,846 |
| Mar 5, 2026 | Powers Robert Patrick Officer (Senior VP and CFO) | Shares withheld for tax | −437,550 | $0.43 | $188,147 |
| Jan 30, 2026 | Philipp Stratmann Director, Officer (President and CEO) | Grant or award | +100,162 | — | — |
| Jan 30, 2026 | Tracy D. Pagliara Officer (Senior VP and General Counsel) | Grant or award | +201,442 | — | — |
| Jan 30, 2026 | Powers Robert Patrick Officer (CFO) | Grant or award | +54,013 | — | — |
| Jan 30, 2026 | Philipp Stratmann Director, Officer (President and CEO) | Grant or award | +100,198 | — | — |
| Jan 30, 2026 | Powers Robert Patrick Officer (CFO) | Grant or award | +54,032 | — | — |
| Jan 30, 2026 | Philipp Stratmann Director, Officer (President and CEO) | Grant or award | +392,553 | — | — |
| Jan 30, 2026 | Powers Robert Patrick Officer (CFO) | Grant or award | +173,920 | — | — |
| Jan 27, 2026 | Powers Robert Patrick Officer (CFO) | Grant or award | +427,447 | — | — |
| Jan 27, 2026 | Jim Raymond Thompson Director | Grant or award | +151,189 | — | — |
| Jan 27, 2026 | Clyde W. Hewlett Director | Grant or award | +151,189 | — | — |
| Jan 27, 2026 | Philipp Stratmann Director, Officer (President and CEO) | Grant or award | +805,944 | — | — |
Peers
Compare boardsOrganizations in the same sector, closest in location and size first.
Questions about Ocean Power Technologies Inc.
Who is the CEO of Ocean Power Technologies Inc.?
Philipp Stratmann is Ocean Power Technologies Inc.'s President and CEO.
How many directors are on Ocean Power Technologies Inc.'s board?
Ocean Power Technologies Inc.'s board has 10 directors: Anderson Natalie M. Lorenz, Clyde W. Hewlett, Corliss J. Montesi, Diana G. Purcel, Jim Raymond Thompson, Joseph A. DiGuardo, Peter E. Slaiby, Philipp Stratmann, Terence James Cryan and Tracy D. Pagliara.
Are Ocean Power Technologies Inc. insiders buying or selling shares?
Over the last 12 months, Ocean Power Technologies Inc. insiders bought $9,705 of shares in 3 purchases and made no open-market sales on the open market, as reported to the SEC on Forms 4 and 5.
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