Applied Energetics (AERG) Form 4: Quarles' Options, RSUs and Trades Disclosed
Rhea-AI Filing Summary
Gregory J. Quarles, listed as CEO Emeritus and a director of Applied Energetics, Inc. (AERG), reported a series of transactions on 09/24/2025. The Form 4 shows acquisition of 10,000 shares of common stock at $0.35 per share (transaction code M) and a separate sale of 10,000 shares at $1.92 per share (transaction code S) on the same date. Quarles also holds 10,000 vested options with a $0.35 exercise price exercisable through 04/18/2029, and 1,954,545 restricted stock units that are unvested. Following the reported option activity, the filing lists 4,870,000 shares beneficially owned by Quarles. The form states that the options were issued in exchange for services and that the RSUs remain subject to vesting.
Positive
- Substantial beneficial ownership: Reporting person beneficially owns 4,870,000 shares as stated in the filing
- Large equity-based compensation: The report lists 1,954,545 restricted stock units, indicating significant alignment with company equity
Negative
- Reported sale of shares: A sale of 10,000 shares at $1.92 is disclosed on 09/24/2025
- RSUs unvested: The filing states the 1,954,545 RSUs are subject to vesting and none were vested
Insights
TL;DR: Reporting person executed option-related transactions and retains large beneficial ownership plus substantial unvested RSUs.
The filing documents contemporaneous option exercise/acquisition and a sale of equal share quantity on 09/24/2025. The report explicitly notes the options were issued for services rendered, which is a common executive compensation practice. The presence of 1,954,545 unvested RSUs indicates ongoing compensation linkage to future service or performance, and the reported 4,870,000 beneficially owned shares reflects significant insider stake. All observations are drawn directly from the Form 4 without inference.
TL;DR: Insider transactions include an acquisition, a sale, outstanding exercisable options, and large unvested RSUs; impact appears routine.
The Form 4 shows a 10,000-share acquisition at $0.35 and a 10,000-share sale at $1.92 on the same date, plus 10,000 exercisable options tied to common shares and a substantial unvested RSU position of 1,954,545 units. The filing explicitly states the options were issued for services. Based solely on the disclosed items, these are definable compensation and liquidity actions by a reporting officer/director; the filing does not provide additional context such as intended use of sale proceeds or vesting schedule details beyond the unvested status.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Options | 10,000 | $0.00 | -- |
| Exercise | Common Stock, par value $0.001 per share | 10,000 | $0.35 | $4K |
| Sale | Common Stock, par value $0.001 per share | 10,000 | $1.92 | $19K |
| holding | Restricted Stock Units | -- | -- | -- |
Footnotes (1)
- Options were issued in exchange for services rendered as an officer and director of the company. Restricted Stock Units are subject to vesting, and none of them were vested.
