---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-004017"
form_type: "8-K"
ticker: "OPTT"
cik: "0001378140"
company_name: "Ocean Power Technologies, Inc."
filed_at: "2026-01-28T23:59:59+00:00"
generated_at: "2026-05-16T06:55:25.556292+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# OPTT shareholders approve authorized share increase to 400M; inducement plan shares doubled

## Summary
- Charter Amendment approved to increase authorized common stock from 300M to 400M shares.
- Plan Amendments approved to increase 2015 Omnibus Incentive Plan shares from 27.28M to 32.28M.
- Board doubled inducement plan shares to 1.99M for new-hire equity awards.
- All five director nominees elected; auditor Baker Tilly ratified; say-on-pay approved.
- Broker non-votes of 54.2M shares on director elections and certain proposals.

## SEC filing metadata
- accession: 0001493152-26-004017
- form_type: 8-K
- ticker: OPTT
- cik: 0001378140
- company_name: Ocean Power Technologies, Inc.
- filed_at: 2026-01-28T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1378140/000149315226004017/0001493152-26-004017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1378140/000149315226004017/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-004017
- JSON: https://secwatch.observer/filing/0001493152-26-004017.json
- Plain text: https://secwatch.observer/filing/0001493152-26-004017.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.