Energous General Counsel reports 833 RSUs on Form 3
Energous Corporation’s General Counsel, Peter M. Weinberg, filed an initial ownership report showing a beneficial interest in 833 shares of common stock through restricted stock units.
Rhea-AI Filing Summary
Energous Corporation’s General Counsel, Peter M. Weinberg, filed an initial ownership report showing a beneficial interest in 833 shares of common stock through restricted stock units. These RSUs vest in four equal annual installments starting on February 21, 2026, conditioned on his continued service.
Each RSU converts into one share of Energous common stock upon vesting, so the filing outlines equity-based compensation rather than a stock sale or purchase. It highlights how a key executive is aligned with the company’s long-term performance through time-based stock awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents restricted stock units ("RSUs") which vest in four equal annual installments beginning on February 21, 2026, subject to the reporting person's continued service to the issuer through each vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock.
FAQ
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What does the Energous (WATT) Form 3 filing by Peter M. Weinberg report?
How do Peter M. Weinberg’s Energous (WATT) RSUs vest?
Is the Energous (WATT) Form 3 a stock sale or purchase by the General Counsel?
What role does Peter M. Weinberg hold at Energous (WATT) in this Form 3?
What does each Energous (WATT) restricted stock unit represent in this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.