Donaghey Christopher Wayne 4
Research Summary
AI-generated summary
Applied Energetics (AERG) CEO Christopher Donaghey Sells 10,000 Shares
What Happened
- Christopher Wayne Donaghey, President & CEO (also Principal AO and Director) of Applied Energetics, sold 10,000 common shares on Jan 26, 2026. The transaction is reported as a disposition of 10,000 shares at a reported price of $1.65 per share, for a total of $16,500.
Key Details
- Transaction date: January 26, 2026 (reported on Form 4 filed Jan 28, 2026).
- Reported price/amount: 10,000 shares at $1.65 each = $16,500.
- Footnote F1: The filing states the sale price reflects a weighted average of multiple trades executed at prices ranging from $1.6668 to $1.70 on January 21, 2026; the reporting person will provide full trade details to the SEC staff upon request.
- Additional footnotes (F2–F6) in the filing describe outstanding equity awards held by the insider (various stock options with milestone- or time-based vesting and RSUs with annual vesting); these describe vesting schedules and expirations but do not change that this transaction was a sale.
- Shares owned after the transaction: not specified in the provided summary of the filing.
- Filing timeliness: Form 4 was filed Jan 28, 2026 for a Jan 26 transaction; this appears to be timely under the standard two-business-day reporting window.
Context
- This was a straight sale (disposition) of existing shares, not an option exercise or award grant. Sales are often routine (e.g., liquidity or tax planning) and do not by themselves indicate the insider’s view of the company’s future performance. The filing also documents the insider’s outstanding options and RSUs with various vesting conditions (time-based and revenue milestone–based).