Energous officer reports 10,533-share stake
Energous Corp (WATT) reported the initial beneficial ownership of its Chief S&G Officer, Marino Giampaolo, on a Form 3.
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Rhea-AI Filing Summary
Energous Corp (WATT) reported the initial beneficial ownership of its Chief S&G Officer, Marino Giampaolo, on a Form 3. The filing lists 10,533 shares of common stock held directly, including restricted stock units. Of these, 533 RSUs vest in two equal annual installments beginning on June 27, 2027, and 10,000 RSUs vest in four equal annual installments beginning on January 12, 2027, subject to his continued service. Each RSU represents the contingent right to receive one share of Energous common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock F1 | -- | -- | -- |
Footnotes (1)
- F1. Includes restricted stock units of which 533 shares vest in two equal annual installments beginning on June 27, 2027, and 10,000 shares vest in four equal annual installments beginning on January 12, 2027, subject to the reporting person's continued service to the issuer through each vesting date. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock.
Key Figures
Key Terms
restricted stock units financial
vest financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filed for WATT disclose about Marino Giampaolo’s holdings?
How many Energous (WATT) restricted stock units vest in 2027 and later for Marino Giampaolo?
What does each restricted stock unit represent for Energous (WATT) in this Form 3?
Is there any buy or sell transaction reported in this Energous (WATT) Form 3?
Who is the reporting person in the Energous (WATT) Form 3 and what is his role?
AI-generated analysis. How Rhea-AI works. Not financial advice.