{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-003023","form_type":"8-K","ticker":"OPTT","cik":"0001378140","company_name":"Ocean Power Technologies, Inc.","filed_at":"2025-01-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.475188+00:00","generated_at":"2026-05-27T22:00:33.124536+00:00","sec_items":["1.01","5.02","5.07","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Ocean Power Tech shareholders approve 27.28M share increase for incentive plan; new GC, advisory board","bullets":["Shareholders approved increasing available shares under 2015 Omnibus Incentive Plan from 7.28M to 27.28M and extending plan by 10 years.","Tracy Pagliara appointed SVP, General Counsel and Secretary with base salary $300k, bonus target 50%, and 75,000 RSU inducement grant.","Advisory board appointed: Natalie Lorenz-Anderson, Rear Admiral Joseph DiGuardo, and Rear Admiral Victorino Mercado; compensated with equity only.","WAM-V autonomous surface vessel demonstrated multi-day remote survey capability in California, hosting seabed survey payload."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-003023","json":"https://secwatch.observer/filing/0001493152-25-003023.json","markdown":"https://secwatch.observer/filing/0001493152-25-003023.md","text":"https://secwatch.observer/filing/0001493152-25-003023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1378140/000149315225003023/0001493152-25-003023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1378140/000149315225003023/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T22:00:33.124536+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":"3ce5fd5011","claim":"Tracy Pagliara was appointed as Senior Vice President, General Counsel and Secretary at Ocean Power Technologies, Inc..","evidence_excerpt":"Effective January 16, 2025, as noted in Item 1.01 above, Tracy Pagliara was appointed Senior Vice President, General Counsel and Secretary of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1378140/000149315225003023/0001493152-25-003023-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Senior Vice President, General Counsel and Secretary"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}