[Form 4] Energous Corporation Insider Trading Activity
Rhea-AI Filing Summary
Mallorie Sara Burak, who serves as a director and as the company's CEO & CFO, reported an open-market purchase of 6,400 shares of Energous Corporation common stock on 08/21/2025 at a price of $7.8763 per share. After this transaction she beneficially owns 10,132 shares, an amount noted as adjusted for a 1-for-30 reverse stock split that the issuer completed on 08/11/2025. The Form 4 was signed on 08/25/2025. The filing shows a direct purchase (transaction code P) reported by one reporting person and does not disclose any derivative transactions.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider bought 6,400 shares post-reverse split; modest direct purchase by CEO/CFO/Director suggests limited but affirmative insider participation.
The reporter, combining executive and board roles, acquired 6,400 common shares in an open-market purchase at $7.8763 on 08/21/2025, increasing direct beneficial ownership to 10,132 shares after adjustment for a 1-for-30 reverse split on 08/11/2025. The position size is small relative to typical executive holdings and no derivatives were reported, indicating a straightforward cash purchase. This is a routine Section 16 disclosure and provides a transparent record of insider ownership change.
TL;DR: Dual-role officer and director reported a direct purchase; disclosure complies with Section 16 timing and signature requirements.
The Form 4 identifies Mallorie Sara Burak as both an officer (CEO & CFO) and a director, filing individually for a purchase transaction (code P). The statement is filed within days of the trade and includes an explanatory note about the 1-for-30 reverse split, which is properly reflected in the reported beneficial ownership. From a governance perspective, timely and clear reporting of this open-market acquisition is consistent with regulatory expectations.