Kopin Awards CEO Michael Murray Restricted Stock and Options in New Compensation Plan

Reuters01-10
Kopin Awards CEO Michael Murray Restricted Stock and Options in New Compensation Plan

Kopin Corporation has announced new equity awards for its top executives. On January 5, 2026, CEO and Chairman Michael Murray received a grant of 583,658 shares of restricted stock, which will fully vest four years from the grant date, as well as an option to purchase 724,638 shares of common stock at an exercise price of $3.21 per share, a 25% premium over the closing price on the grant date. The stock options will vest quarterly over four years, contingent on Mr. Murray’s continued employment. Both awards are subject to a double-trigger change-in-control provision. Additionally, COO Paul Baker was granted 72,000 shares of restricted stock, with 34% vesting on December 10, 2026, and 33% vesting on each of December 10, 2027, and December 10, 2028, subject to his continued service.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kopin Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-001064), on January 09, 2026, and is solely responsible for the information contained therein.

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