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[8-K] Kopin Corp Reports Material Event

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(Neutral)
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(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

On 7 Aug 2025 Kopin Corporation (Nasdaq: KOPN) filed a Form 8-K to report the appointment of Mr. Erich Manz as Chief Financial Officer, effective 2 Sep 2025.

Mr. Manz joins after a 25-year career at Allegro MicroSystems where he most recently served as Business Unit CFO. His compensation package includes:

  • $300,000 annual base salary
  • 400,000 restricted shares vesting 25 % each 10 Dec beginning 2026
  • Annual performance-based cash and long-term incentive opportunity
  • Eligibility for the Company’s standard employee benefits

The Company issued a press release (Exhibit 99.1) announcing the leadership change. No other material events, financial results or transactions were disclosed.

Il 7 agosto 2025 Kopin Corporation (Nasdaq: KOPN) ha presentato un modulo 8-K per comunicare la nomina del Sig. Erich Manz come Chief Financial Officer, con effetto dal 2 settembre 2025.

Il Sig. Manz arriva dopo una carriera di 25 anni in Allegro MicroSystems, dove ha ricoperto più recentemente il ruolo di CFO dell'unità di business. Il suo pacchetto retributivo comprende:

  • 300.000 $ di salario base annuo
  • 400.000 azioni vincolate, con vesting del 25% ogni 10 dicembre a partire dal 2026
  • Opportunità annuale di incentivi in denaro e a lungo termine basati sulle performance
  • Idoneità ai benefici standard per i dipendenti dell'azienda

L'azienda ha rilasciato un comunicato stampa (Allegato 99.1) per annunciare il cambiamento nella leadership. Non sono stati divulgati altri eventi materiali, risultati finanziari o transazioni.

El 7 de agosto de 2025, Kopin Corporation (Nasdaq: KOPN) presentó un Formulario 8-K para informar el nombramiento del Sr. Erich Manz como Director Financiero, efectivo a partir del 2 de septiembre de 2025.

El Sr. Manz se incorpora tras una carrera de 25 años en Allegro MicroSystems, donde recientemente se desempeñó como CFO de la unidad de negocios. Su paquete de compensación incluye:

  • 300,000 $ de salario base anual
  • 400,000 acciones restringidas que se liberan en un 25% cada 10 de diciembre comenzando en 2026
  • Oportunidad anual de incentivos en efectivo y a largo plazo basados en el desempeño
  • Elegibilidad para los beneficios estándar para empleados de la empresa

La empresa emitió un comunicado de prensa (Exhibición 99.1) anunciando el cambio de liderazgo. No se divulgaron otros eventos materiales, resultados financieros o transacciones.

2025ë…� 8ì›� 7ì�, Kopin Corporation (나스ë‹�: KOPN)ì€ Erich Manz 씨를 최고재무책임ìž�(CFO)ë¡� 임명했ìŒì� 보고하는 8-K ì–‘ì‹ì� 제출했으ë©�, ìž„ëª…ì€ 2025ë…� 9ì›� 2ì¼ë¶€í„� 유효합니ë‹�.

Manz 씨는 Allegro MicroSystemsì—서 25ë…„ê°„ 근무했으ë©�, 최근ì—는 사업부 CFOë¡� 재ì§í–ˆìŠµë‹ˆë‹¤. ê·¸ì˜ ë³´ìƒ íŒ¨í‚¤ì§€ëŠ� 다ìŒê³� 같습니다:

  • ì—°ê°„ 기본ê¸� 300,000달러
  • 2026ë…„ë¶€í„� 매년 12ì›� 10ì¼ì— 25%ì”� 베스팅ë˜ëŠ� 400,000ì£� 제한 주ì‹
  • ì—°ê°„ 성과 기반 현금 ë°� 장기 ì¸ì„¼í‹°ë¸Œ 기회
  • 회사ì� 표준 ì§ì› ë³µë¦¬í›„ìƒ ìžê²©

회사ëŠ� 리ë”ì‹� ë³€ê²½ì„ ì•Œë¦¬ëŠ� ë³´ë„ìžë£Œ(ì¦ë¹™ìžë£Œ 99.1)ë¥� 발표했습니다. ê·� ì™� 중요í•� 사건, 재무 ê²°ê³¼ ë˜ëŠ” 거래ëŠ� 공개ë˜ì§€ 않았습니ë‹�.

Le 7 août 2025, Kopin Corporation (Nasdaq : KOPN) a déposé un formulaire 8-K pour annoncer la nomination de M. Erich Manz au poste de Directeur Financier, à compter du 2 septembre 2025.

M. Manz rejoint l'entreprise après une carrière de 25 ans chez Allegro MicroSystems, où il occupait récemment le poste de CFO d'une unité commerciale. Son package de rémunération comprend :

  • 300 000 $ de salaire de base annuel
  • 400 000 actions restreintes acquises à hauteur de 25 % chaque 10 décembre à partir de 2026
  • Opportunité annuelle d'incitations en espèces et à long terme basées sur la performance
  • Éligibilité aux avantages sociaux standards de la société

La société a publié un communiqué de presse (Exhibit 99.1) annonçant ce changement de direction. Aucun autre événement important, résultat financier ou transaction n’a été divulgué.

Am 7. August 2025 reichte die Kopin Corporation (Nasdaq: KOPN) ein Formular 8-K ein, um die Ernennung von Herrn Erich Manz zum Chief Financial Officer bekannt zu geben, wirksam ab dem 2. September 2025.

Herr Manz kommt nach einer 25-jährigen Karriere bei Allegro MicroSystems, wo er zuletzt als CFO der Geschäftseinheit tätig war. Sein Vergütungspaket umfasst:

  • 300.000 $ Jahresgrundgehalt
  • 400.000 eingeschränkte Aktien, die jeweils zu 25 % am 10. Dezember beginnend ab 2026 freigegeben werden
  • Jährliche leistungsabhängige Bar- und langfristige Anreizmöglichkeiten
  • Anspruch auf die üblichen Mitarbeiterleistungen des Unternehmens

Das Unternehmen veröffentlichte eine Pressemitteilung (Anlage 99.1) zur Ankündigung des Führungswechsels. Weitere wesentliche Ereignisse, Finanzergebnisse oder Transaktionen wurden nicht bekannt gegeben.

Positive
  • Seasoned leadership: 25-year veteran from Allegro MicroSystems brings deep semiconductor finance experience.
  • Governance stability: Timely appointment fills a critical executive role without an interim gap.
Negative
  • Share dilution: 400 k restricted shares (â‰�0.4 % of float) add to future equity overhang.
  • Execution risk: Impact of new CFO on strategy and financial performance remains unproven.

Insights

TL;DR � Seasoned finance executive named CFO; modest equity grant; limited immediate financial impact.

The hiring of a long-tenured Allegro MicroSystems finance leader strengthens Kopin’s financial management bench. A $300 k salary is in line with peers of similar size, while 400 k RS shares (�0.4 % of shares outstanding) is a standard retention tool and only mildly dilutive. No guidance or strategic shifts were announced, so impact on near-term fundamentals is limited. Investors may view the move as a governance positive, especially after Kopin’s recent operational restructuring, but share-price reaction is likely muted until the new CFO demonstrates execution.

Il 7 agosto 2025 Kopin Corporation (Nasdaq: KOPN) ha presentato un modulo 8-K per comunicare la nomina del Sig. Erich Manz come Chief Financial Officer, con effetto dal 2 settembre 2025.

Il Sig. Manz arriva dopo una carriera di 25 anni in Allegro MicroSystems, dove ha ricoperto più recentemente il ruolo di CFO dell'unità di business. Il suo pacchetto retributivo comprende:

  • 300.000 $ di salario base annuo
  • 400.000 azioni vincolate, con vesting del 25% ogni 10 dicembre a partire dal 2026
  • Opportunità annuale di incentivi in denaro e a lungo termine basati sulle performance
  • Idoneità ai benefici standard per i dipendenti dell'azienda

L'azienda ha rilasciato un comunicato stampa (Allegato 99.1) per annunciare il cambiamento nella leadership. Non sono stati divulgati altri eventi materiali, risultati finanziari o transazioni.

El 7 de agosto de 2025, Kopin Corporation (Nasdaq: KOPN) presentó un Formulario 8-K para informar el nombramiento del Sr. Erich Manz como Director Financiero, efectivo a partir del 2 de septiembre de 2025.

El Sr. Manz se incorpora tras una carrera de 25 años en Allegro MicroSystems, donde recientemente se desempeñó como CFO de la unidad de negocios. Su paquete de compensación incluye:

  • 300,000 $ de salario base anual
  • 400,000 acciones restringidas que se liberan en un 25% cada 10 de diciembre comenzando en 2026
  • Oportunidad anual de incentivos en efectivo y a largo plazo basados en el desempeño
  • Elegibilidad para los beneficios estándar para empleados de la empresa

La empresa emitió un comunicado de prensa (Exhibición 99.1) anunciando el cambio de liderazgo. No se divulgaron otros eventos materiales, resultados financieros o transacciones.

2025ë…� 8ì›� 7ì�, Kopin Corporation (나스ë‹�: KOPN)ì€ Erich Manz 씨를 최고재무책임ìž�(CFO)ë¡� 임명했ìŒì� 보고하는 8-K ì–‘ì‹ì� 제출했으ë©�, ìž„ëª…ì€ 2025ë…� 9ì›� 2ì¼ë¶€í„� 유효합니ë‹�.

Manz 씨는 Allegro MicroSystemsì—서 25ë…„ê°„ 근무했으ë©�, 최근ì—는 사업부 CFOë¡� 재ì§í–ˆìŠµë‹ˆë‹¤. ê·¸ì˜ ë³´ìƒ íŒ¨í‚¤ì§€ëŠ� 다ìŒê³� 같습니다:

  • ì—°ê°„ 기본ê¸� 300,000달러
  • 2026ë…„ë¶€í„� 매년 12ì›� 10ì¼ì— 25%ì”� 베스팅ë˜ëŠ� 400,000ì£� 제한 주ì‹
  • ì—°ê°„ 성과 기반 현금 ë°� 장기 ì¸ì„¼í‹°ë¸Œ 기회
  • 회사ì� 표준 ì§ì› ë³µë¦¬í›„ìƒ ìžê²©

회사ëŠ� 리ë”ì‹� ë³€ê²½ì„ ì•Œë¦¬ëŠ� ë³´ë„ìžë£Œ(ì¦ë¹™ìžë£Œ 99.1)ë¥� 발표했습니다. ê·� ì™� 중요í•� 사건, 재무 ê²°ê³¼ ë˜ëŠ” 거래ëŠ� 공개ë˜ì§€ 않았습니ë‹�.

Le 7 août 2025, Kopin Corporation (Nasdaq : KOPN) a déposé un formulaire 8-K pour annoncer la nomination de M. Erich Manz au poste de Directeur Financier, à compter du 2 septembre 2025.

M. Manz rejoint l'entreprise après une carrière de 25 ans chez Allegro MicroSystems, où il occupait récemment le poste de CFO d'une unité commerciale. Son package de rémunération comprend :

  • 300 000 $ de salaire de base annuel
  • 400 000 actions restreintes acquises à hauteur de 25 % chaque 10 décembre à partir de 2026
  • Opportunité annuelle d'incitations en espèces et à long terme basées sur la performance
  • Éligibilité aux avantages sociaux standards de la société

La société a publié un communiqué de presse (Exhibit 99.1) annonçant ce changement de direction. Aucun autre événement important, résultat financier ou transaction n’a été divulgué.

Am 7. August 2025 reichte die Kopin Corporation (Nasdaq: KOPN) ein Formular 8-K ein, um die Ernennung von Herrn Erich Manz zum Chief Financial Officer bekannt zu geben, wirksam ab dem 2. September 2025.

Herr Manz kommt nach einer 25-jährigen Karriere bei Allegro MicroSystems, wo er zuletzt als CFO der Geschäftseinheit tätig war. Sein Vergütungspaket umfasst:

  • 300.000 $ Jahresgrundgehalt
  • 400.000 eingeschränkte Aktien, die jeweils zu 25 % am 10. Dezember beginnend ab 2026 freigegeben werden
  • Jährliche leistungsabhängige Bar- und langfristige Anreizmöglichkeiten
  • Anspruch auf die üblichen Mitarbeiterleistungen des Unternehmens

Das Unternehmen veröffentlichte eine Pressemitteilung (Anlage 99.1) zur Ankündigung des Führungswechsels. Weitere wesentliche Ereignisse, Finanzergebnisse oder Transaktionen wurden nicht bekannt gegeben.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of report (Date of earliest event reported): August 7, 2025

 

KOPIN CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware   000-19882   04-2833935

(State or other jurisdiction of

incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

125 North Drive, Westborough, MA 01581

(Address of principal executive offices) (Zip Code)

 

(508) 870-5959

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol   Name of each exchange on which registered
Common Stock, par value $0.01   KOPN   Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On August 7, 2025, the Kopin Corporation (the Company) announced that Mr. Erich Manz had joined the Company as its Chief Financial Officer. Mr. Manz is expected to start on September 2, 2025..

 

Before joining the Company, Mr. Manz was the Business Unit CFO of Allegro MicroSystems (NYSE: ALGM) where he led the financial structure, support, and oversight for the product business group. Mr. Manz spent over 25 years at Allegro MicroSystems in various roles from Reporting Manager, to Corporate Controller. Mr. Manz began his career at Serta in their accounting department and holds a bachelor’s degree in accounting from Bryant University.

 

In connection with his appointment, Mr. Manz and the Company entered into an offer letter, pursuant to which Mr. Manz will be an employee at will and will receive an annual base salary of $300,000, payable in accordance with the regular payroll practices of the Company. Additionally, Mr. Manz will receive 400,000 shares of restricted stock, which vest in 25% increments each December 10 beginning in 2026. Mr. Manz will also be entitled to an annual performance-based bonus opportunity in the form of cash and long-term awards, subject to approval by the Board’s Compensation Committee. Mr. Manz also will be eligible for the Company’s standard benefits package and to participate in all applicable group employee benefit plans and programs offered.

 

Item 7.01 Regulation FD.

 

The Company has issued a press release, dated August 7, 2025, announcing the foregoing leadership changes. The press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein. The information furnished in Exhibit 99.1 hereto shall not be considered “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into future filings by the Company under the Securities Act of 1933, as amended, or under the Exchange Act, unless the Company expressly sets forth in such future filings that such information is to be considered “filed” or incorporated by reference therein.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
     
99.1   Press Release dated August 7, 2025, entitled “Kopin Announces Appointment of Erich Manz as Chief Financial Officer.”
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Kopin Corporation
  (Registrant)
     
  By: /s/ Richard A. Sneider
  Name: Richard A. Sneider
  Title: Treasurer and Chief Financial Officer
    (Principal Financial and Accounting Officer)

 

Date: August 7, 2025

 

 

 

FAQ

When will Erich Manz start as CFO of KOPN?

Mr. Manz is expected to begin on September 2, 2025.

What is the base salary of the new Kopin CFO?

The annual base salary is $300,000.

How many restricted shares were granted to the new CFO of Kopin?

Mr. Manz will receive 400,000 restricted shares, vesting 25 % each December 10 starting 2026.

Did Kopin disclose any financial results in this 8-K filing?

No. The filing strictly relates to the CFO appointment and contains no earnings or guidance.

Where can investors find the official press release on the Kopin CFO appointment?

The press release is filed as Exhibit 99.1 to the Form 8-K dated August 7, 2025.
Kopin

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Electronic Components
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