Allen S. Andrews files Form 3: 1.30M shares, 250k options

Rhea-AI Filing Summary

Allen Scott Andrews, a director of Applied Energetics, Inc. (AERG), filed an initial Form 3 reporting ownership of 1,298,775 shares of common stock and granted 250,000 non-qualified stock options. The options vest 50% on each of the first two anniversaries after the grant and are exercisable beginning 06/04/2026 with an expiration on 06/04/2035.

Positive

• Director ownership of 1,298,775 common shares signals significant insider alignment
• Time‑vested options of 250,000 vest 50% each year, aligning incentives over two years
• Options exercisable starting on 06/04/2026 with a long expiration to 06/04/2035

Negative

• None.

Insights

Corporate Governance Analyst

Director discloses sizeable stake and time‑vested options, aligning personal incentives with shareholders.

The reporting shows 1,298,775 shares directly owned and 250,000 options that vest 125,000 shares on each anniversary, creating a multi‑year incentive linked to long‑term share performance.

Key dependencies include exercise timing (exercisable 06/04/2026) and option expiration (06/04/2035); monitor option exercise behavior and any future Schedule 13D/G or Form 4 filings within 12 months for changes in ownership.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Andrews Allen Scott

(Last) (First) (Middle)

C/O/ APPLIED ENERGETICS, INC.

9070 S RITA ROAD, SUITE 1500

(Street)

TUCSON AZ 85747

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
06/03/2025

3. Issuer Name and Ticker or Trading Symbol
APPLIED ENERGETICS, INC. [ AERG ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.001 per share	1,298,775	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Options	06/04/2026(1)	06/04/2035	Common Stock, par value $.001 per share	250,000	$1.7	D

Explanation of Responses:

1. Non-Qualified Stock Options were issued as of June 4, 2025 and vest in the amount of 125,000 shares on each of the first and second anniversaries thereof.

	/s/ Allen Scott Andrews	10/07/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Allen Scott Andrews report on Form 3 for AERG?

He reported direct ownership of 1,298,775 common shares and receipt of 250,000 non‑qualified stock options.

When do the reported options become exercisable?

The options become exercisable beginning on 06/04/2026 and expire on 06/04/2035.

How do the options vest?

Options vest in two equal installments of 125,000 shares on each of the first and second anniversaries after grant.

Is the Form 3 an initial filing or an amendment?

This is an initial Form 3 filing reporting the reporting person's beneficial ownership.

Does the filing show indirect ownership or other holdings?

The filing reports direct ownership only; no indirect holdings are disclosed.