Donaghey Christopher Wayne 4

What Happened
Christopher Wayne Donaghey, President, CEO and a director of Applied Energetics, sold 10,000 shares on June 1, 2026 at $1.50 per share, generating $15,000 in proceeds. The transaction is reported as a sale (code S), i.e., a disposition of shares rather than a purchase or option exercise.

Key Details

• Transaction date and price: 2026-06-01, 10,000 shares at $1.50 each (total $15,000).
• Transaction type: Sale (S) — open market or private sale as reported.
• Shares owned after transaction: Not specified in the provided filing details.
• Filing: Report filed 2026-06-03 for a 2026-06-01 transaction (appears timely).
• Notable footnotes on insider compensation/holdings (from the filing):
  • F1: Options (totaling 1,000,000 shares split 170k/330k/500k) vest upon company gross revenue milestones ($10M, $25M, $50M); 10-year term.
  • F2–F4: Various service-based option grants with scheduled vesting (specific installment dates and amounts noted). F4 indicates 750,000 shares currently vested under a four-year schedule.
  • F5: RSUs vesting in equal annual 100,000-share instalments commencing July 12, 2023; no exercise price or expiration.

Context
This was a small-dollar sale (~$15K) and is typically viewed as routine insider selling; it does not by itself indicate management sentiment about the company’s share price or future performance. The filing also discloses multiple option and RSU grants with milestone and time-based vesting—these describe how future insider holdings may vest but do not directly explain this particular sale.