Energous (WATT) director awarded 2,395 RSUs vesting in 2027 under plan

Rhea-AI Filing Summary

Energous Corp director Rahul G. Patel received an equity grant under the company’s director compensation program. On January 12, 2026, he was awarded 2,395 restricted stock units of Energous common stock at a price of $0.0000 per unit. These units will vest in full on January 12, 2027, if he remains in continuous service with the company through that date, and each unit represents the right to receive one share of common stock.

Following this grant, Patel beneficially owns 2,558 shares of Energous common stock directly. The reported amount is adjusted to reflect a 1-for-30 reverse stock split that Energous implemented on August 11, 2025.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Patel Rahul G.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,395	$0.00	--

Holdings After Transaction: Common Stock — 2,558 shares (Direct)

Footnotes (1)

1. Represents a grant of restricted stock units under the issuer's director compensation program. The restricted stock units vest in full on January 12, 2027, provided that the reporting person remains in continuous service with the issuer as of the vesting date. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock. The amount shown is adjusted to reflect a 1 for 30 reverse stock split by the issuer on August 11, 2025.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Patel Rahul G.

(Last) (First) (Middle)

C/O ENERGOUS CORPORATION

3590 NORTH FIRST STREET, SUITE 330

(Street)

SAN JOSE CA 95134

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Energous Corp [ WATT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/12/2026		A		2,395(1)	A	$0.0000	2,558(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant of restricted stock units under the issuer's director compensation program. The restricted stock units vest in full on January 12, 2027, provided that the reporting person remains in continuous service with the issuer as of the vesting date. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock.

2. The amount shown is adjusted to reflect a 1 for 30 reverse stock split by the issuer on August 11, 2025.

	/s/ Mallorie S. Burak, Attorney-in-Fact	01/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Energous (WATT) report for Rahul G. Patel?

On January 12, 2026, Energous Corp director Rahul G. Patel received a grant of 2,395 restricted stock units of Energous common stock at a price of $0.0000 per unit.

What are the vesting terms of Rahul G. Patel’s 2,395 RSUs at Energous (WATT)?

The 2,395 restricted stock units granted to Rahul G. Patel vest in full on January 12, 2027, provided he remains in continuous service with Energous through the vesting date.

How many Energous (WATT) shares does Rahul G. Patel own after this Form 4 transaction?

After the reported grant, Rahul G. Patel beneficially owns 2,558 shares of Energous common stock directly.

What does each restricted stock unit represent in the Energous (WATT) grant?

Each restricted stock unit in the grant to Rahul G. Patel represents the contingent right to receive one share of Energous common stock upon vesting.

How did Energous’ reverse stock split affect the reported holdings on this Form 4?

The holdings shown for Rahul G. Patel are adjusted to reflect a 1-for-30 reverse stock split completed by Energous on August 11, 2025.

Is Rahul G. Patel’s Energous (WATT) Form 4 transaction a purchase or a grant?

The Form 4 reflects an award of restricted stock units under Energous’ director compensation program, not an open-market purchase.