Energous (WATT) General Counsel discloses 833 RSUs in initial ownership filing
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
1 transaction reported
Mixed
1 txn
Insider
Weinberg Peter M
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 833 shares (Direct)
Footnotes (1)
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AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Energous (WATT) Form 3 filing by Peter M. Weinberg report?
The Form 3 reports that General Counsel Peter M. Weinberg beneficially owns 833 Energous common shares via restricted stock units. These RSUs represent equity compensation and will convert into shares over time, rather than reflecting an immediate stock purchase or sale.
How do Peter M. Weinberg’s Energous (WATT) RSUs vest?
His restricted stock units vest in four equal annual installments beginning on February 21, 2026. Continued service to Energous is required at each vesting date, meaning the equity fully delivers over four years if he remains in his General Counsel role.
Is the Energous (WATT) Form 3 a stock sale or purchase by the General Counsel?
The Form 3 does not show a new stock sale or open-market purchase. Instead, it discloses existing beneficial ownership of 833 shares through restricted stock units that turn into common stock over time as service-based vesting conditions are met.
What role does Peter M. Weinberg hold at Energous (WATT) in this Form 3?
The filing identifies Peter M. Weinberg as an officer of Energous, serving as General Counsel. His reported 833 restricted stock units reflect part of his compensation package, tying his potential share ownership to long-term service with the company.
What does each Energous (WATT) restricted stock unit represent in this filing?
Each restricted stock unit represents a contingent right to receive one share of Energous common stock. Delivery depends on the RSUs vesting over four years, starting February 21, 2026, and on Peter M. Weinberg continuing to serve the company through each vesting date.