<SEC-DOCUMENT>0001493152-25-003032.txt : 20250121
<SEC-HEADER>0001493152-25-003032.hdr.sgml : 20250121
<ACCEPTANCE-DATETIME>20250121160929
ACCESSION NUMBER:		0001493152-25-003032
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250116
FILED AS OF DATE:		20250121
DATE AS OF CHANGE:		20250121

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Burdyny Matthew
		CENTRAL INDEX KEY:			0002001415
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33417
		FILM NUMBER:		25542588

	MAIL ADDRESS:	
		STREET 1:		28 ENGELHARD DRIVE, SUITE B
		CITY:			MONROE TOWNSHIP
		STATE:			NJ
		ZIP:			08831

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ocean Power Technologies, Inc.
		CENTRAL INDEX KEY:			0001378140
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				222535818
		STATE OF INCORPORATION:			NJ
		FISCAL YEAR END:			0430

	BUSINESS ADDRESS:	
		STREET 1:		28 ENGELHARD DRIVE
		STREET 2:		SUITE B
		CITY:			MONROE TOWNSHIP
		STATE:			NJ
		ZIP:			08831
		BUSINESS PHONE:		609-730-0400

	MAIL ADDRESS:	
		STREET 1:		28 ENGELHARD DRIVE
		STREET 2:		SUITE B
		CITY:			MONROE TOWNSHIP
		STATE:			NJ
		ZIP:			08831

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ocean Power Technologies, INc.
		DATE OF NAME CHANGE:	20061012
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
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        <issuerName>Ocean Power Technologies, Inc.</issuerName>
        <issuerTradingSymbol>OPTT</issuerTradingSymbol>
    </issuer>

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            <rptOwnerName>Burdyny Matthew</rptOwnerName>
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            <rptOwnerStreet1>C/O OCEAN POWER TECHNOLOGIES, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>28 ENGELHARD DRIVE, SUITE B</rptOwnerStreet2>
            <rptOwnerCity>MONROE TOWNSHIP</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>08831</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Commercial Officer</officerTitle>
            <otherText></otherText>
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                <underlyingSecurityTitle>
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                <transactionCode>M</transactionCode>
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                    <value>36030</value>
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                <transactionPricePerShare>
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        <derivativeTransaction>
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                    <value>D</value>
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            <securityTitle>
                <value>Restricted Stock Unit</value>
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    <footnotes>
        <footnote id="F1">Each restricted stock unit represents a contingent right to receive one share of the Issuer's restricted stock.</footnote>
        <footnote id="F2">Restricted stock units granted by the Board of Directors of the Issuer as compensation for service as an officer of the Issuer. The restricted stock units will vest in full on the date of the first annual shareholders meeting following the grant date or one year after the grant date, whichever is earlier.</footnote>
        <footnote id="F3">On January 19, 2023, the reporting person was granted 36,030 restricted stock units, vesting based on achievement of certain performance criteria. Vesting of such criteria was deemed to occur on January 16, 2025.</footnote>
        <footnote id="F4">On February 1, 2024, the reporting person was granted 85,126 restricted stock units, vesting based on achievement of certain performance criteria. Vesting of such criteria was deemed to occur on January 16, 2025.</footnote>
        <footnote id="F5">Restricted stock units granted by the Board of Directors of the Issuer as compensation for service as an officer of the Issuer. The restricted stock units will vest in full on the date of the first annual shareholders meeting following the grant date or one year after the grant date, whichever is earlier.</footnote>
        <footnote id="F6">Shares acquired upon the time based vesting of restricted stock units granted in January 2023 and 2024.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Matthew Burdyny</signatureName>
        <signatureDate>2025-01-21</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
