{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-016789","form_type":"8-K","ticker":"OPTT","cik":"0001378140","company_name":"Ocean Power Technologies, Inc.","filed_at":"2024-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.159737+00:00","generated_at":"2026-06-03T06:21:00.262891+00:00","sec_items":["1.02","5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Ocean Power Technologies principal accounting officer departs; CFO assumes role","bullets":["Joseph DiPietro, Corporate Controller, Treasurer and principal accounting officer, departed April 26, 2024.","CFO Robert Powers now also serves as principal accounting officer without changes to his terms.","Departure not due to any disagreement with the Company or its auditors.","Employment letter of Mr. DiPietro dated September 23, 2021 was terminated upon his departure."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-016789","json":"https://secwatch.observer/filing/0001493152-24-016789.json","markdown":"https://secwatch.observer/filing/0001493152-24-016789.md","text":"https://secwatch.observer/filing/0001493152-24-016789.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1378140/000149315224016789/0001493152-24-016789-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1378140/000149315224016789/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T06:21:00.262891+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"199cb557cb","claim":"Robert Powers changed role as Chief Financial Officer at Ocean Power Technologies, Inc..","evidence_excerpt":"Robert Powers, the Company’s Chief Financial Officer, will now also serve as principal accounting officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1378140/000149315224016789/0001493152-24-016789-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will now also serve"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"f891bb37fc","claim":"Joseph DiPietro departed as Corporate Controller, Treasurer and principal accounting officer at Ocean Power Technologies, Inc..","evidence_excerpt":"Effective April 26, 2024, Joseph DiPietro, the Company’s Corporate Controller, Treasurer and principal accounting officer, departed from the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1378140/000149315224016789/0001493152-24-016789-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"departed"},{"label":"Role","value":"Corporate Controller, Treasurer and principal accounting officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}