{"filing":{"accession_number":"0001493152-26-030434","cik":"0001378140","ticker":"OPTT","company_name":"Ocean Power Technologies, Inc.","form":"8-K","filing_date":"2026-06-29","report_date":null,"primary_document":"form8-k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1378140/000149315226030434/form8-k.htm"},"events":[{"id":14521,"run_id":12934,"accession_number":"0001493152-26-030434","anchor_item_number":null,"event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.85,"summary":"Ocean Power Technologies amended and restated its Section 382 Tax Benefits Preservation Plan on June 29, 2026, extending the expiration date from June 29, 2026 to June 29, 2029. This is a governance matter involving modification of shareholder rights and anti-takeover protections. While the plan protects valuable NOL tax attributes (a financial benefit), the core disclosed action is a governance/structural change to the rights preservation mechanism itself, making governance_other the most appropriate classification. The materiality is high given the company's reliance on NOLs and the plan's role in deterring ownership changes that could limit tax benefits.","company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","filing_date":"2026-06-29","form":"8-K","submitted_at":null,"items":null}],"classifications":[{"id":11989,"accession_number":"0001493152-26-030434","item_number":null,"item_title":null,"event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.85,"reasoning":"Ocean Power Technologies amended and restated its Section 382 Tax Benefits Preservation Plan on June 29, 2026, extending the expiration date from June 29, 2026 to June 29, 2029. This is a governance matter involving modification of shareholder rights and anti-takeover protections. While the plan protects valuable NOL tax attributes (a financial benefit), the core disclosed action is a governance/structural change to the rights preservation mechanism itself, making governance_other the most appropriate classification. The materiality is high given the company's reliance on NOLs and the plan's role in deterring ownership changes that could limit tax benefits.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-29T13:08:37.927275+00:00","company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","filing_date":"2026-06-29"}]}