Energous (WATT) director awarded 2,395 RSUs vesting in 2027
Rhea-AI Filing Summary
Energous Corp director J. Michael Dodson reported an award of 2,395 shares of common stock on January 12, 2026. The filing explains this represents a grant of restricted stock units under the company’s director compensation program, which vest in full on January 12, 2027 if he remains in continuous service through that date. The grant was recorded at a price of $0.0000 per share. After this award, Dodson beneficially owns 2,576 common shares, an amount that has been adjusted to reflect a 1-for-30 reverse stock split completed on August 11, 2025.
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FAQ
What insider transaction did Energous (WATT) report in this Form 4?
The Form 4 reports that director J. Michael Dodson received an award of 2,395 shares of Energous common stock on January 12, 2026, recorded at a price of $0.0000 per share.
What is the nature of the 2,395-share award reported by Energous (WATT)?
The 2,395 shares reflect a grant of restricted stock units under Energous’ director compensation program, with each unit representing the right to receive one share of common stock.
When do J. Michael Dodson’s restricted stock units in Energous (WATT) vest?
The restricted stock units vest in full on January 12, 2027, provided Dodson remains in continuous service with Energous through the vesting date.
How many Energous (WATT) shares does the director beneficially own after this transaction?
Following the reported grant, Dodson beneficially owns 2,576 shares of Energous common stock, as shown in the filing.
How did Energous’ 1-for-30 reverse stock split affect the share numbers in this Form 4?
The filing notes that the amount shown has been adjusted for a 1-for-30 reverse stock split completed on August 11, 2025, so the reported holdings reflect post-split amounts.
What role does J. Michael Dodson hold at Energous (WATT)?
According to the filing, J. Michael Dodson serves as a director of Energous Corp and is reporting this transaction in that capacity.