Energous (NASDAQ: WATT) director now holds 5,579 shares
Rhea-AI Filing Summary
Energous Corp (WATT) reported that a board member received an equity compensation award. The reporting person, a director, acquired 3,021 shares of common stock in the form of restricted stock units (RSUs) at a stated price of $0.00 per share. Following this award, the director now holds 5,579 shares of Energous common stock directly. The RSUs vest in four equal quarterly installments from the grant date, contingent on the director’s continued service to Energous on each vesting date, with each vested RSU settling into one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,021 shares
Net Buy
1 txn
Insider
Patel Rahul G.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 3,021 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 5,579 shares (Direct)
Footnotes (1)
- F1. Represents an award of restricted stock units ("RSUs") that vests in four equal quarterly installments from the grant date, subject to the reporting person's continued service to the issuer on each vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock.
Key Figures
RSUs granted: 3,021 shares
Shares owned after transaction: 5,579 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
RSUs granted
3,021 shares
Restricted stock units awarded to the director on 2026-08-17
Shares owned after transaction
5,579 shares
Director’s direct Energous common stock holdings following the RSU grant
Grant price per share
$0.00 per share
Stated price for the RSU award
Vesting installments
4 quarterly installments
RSUs vest in four equal quarterly installments from the grant date
Key Terms
restricted stock units, vests in four equal quarterly installments, contingent right
3 terms
restricted stock units financial
"Represents an award of restricted stock units ("RSUs") that vests in four equal"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vests in four equal quarterly installments financial
"RSUs that vests in four equal quarterly installments from the grant date"
contingent right financial
"Each RSU represents the contingent right to receive one share"
FAQ
What insider transaction did Energous Corp (WATT) disclose for director Rahul G. Patel?
Energous disclosed that a director received an equity award of 3,021 RSUs. These restricted stock units represent future rights to Energous common shares, vesting quarterly over one year, conditioned on continued service as a director.
What are the director’s Energous (WATT) holdings after this reported transaction?
After the award, the director directly holds 5,579 shares of Energous common stock. This total includes the newly granted restricted stock units, which will convert into shares as they vest over future quarterly dates.
How do the Energous (WATT) RSUs granted to the director vest?
The 3,021 RSUs vest in four equal quarterly installments from the grant date. Vesting on each date requires the director’s continued service to Energous; each vested RSU converts into one share of common stock.
Was the Energous (WATT) RSU award granted at a purchase price?
The RSU award was reported at a stated price of $0.00 per share. RSUs are typically a form of equity compensation, delivering shares at vesting without a cash purchase, subject to service-based vesting conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.