secwatch.observer — SEC 8-K summary
======================================

Issuer:     Ocean Power Technologies, Inc. (OPTT)
CIK:        0001378140
Form:       8-K
Filed at:   2024-03-01T23:59:59+00:00
Accession:  0001493152-24-008417
Event type: other_material
Sentiment:  positive
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

OPTT Shareholders Re-elect Six Directors and Approve 2015 Plan Share Increase to 7.28M
--------------------------------------------------------------------------------

- All six director nominees re-elected, including Terence J. Cryan (12.8M for) and Natalie Lorenz-Anderson (15.3M for).
- Amendment to 2015 Omnibus Incentive Plan approved, increasing authorized shares from 4,382,036 to 7,282,036.
- Section 382 Tax Benefits Preservation Plan ratified with 12.7M votes for.
- EisnerAmper LLP ratified as independent auditor for fiscal year ending April 30, 2024.
- Advisory vote on executive compensation approved with 11.6M for.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1378140/000149315224008417/0001493152-24-008417-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1378140/000149315224008417/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-008417

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer