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PENNINGTON, NJ (MMD Newswire) January 31, 2012 -- Charles Dunleavy performed a payment of a tax liability by selling 5,620 shares of Ocean Power Technologies, Inc (OPTT) stock as noted in an SEC Filing today. Charles Dunleavy's title was listed as "Director Chief Executive Officer" at Ocean Power Technologies, Inc within the filing.

If we look over the past 12 months, Charles Dunleavy has sold no shares of Ocean Power Technologies, Inc stock. Over the same time period, Charles Dunleavy has purchased no shares of Ocean Power Technologies, Inc stock. Charles Dunleavy has also performed other transactions including dispositions , and payment of tax liabilites .

Let's take a quick, high-level look at insider trading at Ocean Power Technologies, Inc over the past 12 months. A total of 50,000 shares of Ocean Power Technologies, Inc stock was sold by insiders, totaling $239,700. Over the same time 12 month time period, 2,000 shares of Ocean Power Technologies, Inc, for a total value of $7,304 were purchased by company insiders.