Adamczyk Bradford Thomas 4
4 · APPLIED ENERGETICS, INC. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Applied Energetics (AERG) Director Adamczyk Exercises Options, Sells 10,000
What Happened
Bradford T. Adamczyk, a director of Applied Energetics, exercised 10,000 stock options (strike $0.07) on 2026-06-08 (cost $700) and sold 10,000 common shares in an open-market transaction at $1.50 each for $15,000. The Form 4 also reports an additional derivative conversion of 10,000 shares marked as disposed with no price reported (N/A). The sequence — exercise followed by an immediate sale — is consistent with a cashless exercise and sale of shares rather than a buy-and-hold purchase.
Key Details
- Transaction date: 2026-06-08. Form 4 filed: 2026-06-10 (timely within reporting rules).
- Reported transactions: M (option exercise) — 10,000 shares @ $0.07 (acquired); S (open-market sale) — 10,000 shares @ $1.50 (disposed) = $15,000 gross. Another M-line shows 10,000 derivative shares disposed with price N/A.
- Shares owned after the transactions: Not specified in the provided Form 4.
- Relevant footnotes from the filing:
- F1: Certain holdings are held by Moriah Stone Global L.P., of which Mr. Adamczyk is the controlling partner.
- F2: Options were originally issued as compensation for services as an officer and director.
- F3: 3,500,000 option-linked shares referenced in the filing were not affected by these transactions.
- F4: 500,000 of Mr. Adamczyk’s options are held by Adamczyk Family 2021 LLC (controlled by him) and were not exercised.
- Filing timeliness: The report was filed two days after the transaction date and appears timely (not late).
Context
- For retail investors: this activity reflects an option exercise followed by a sale of the resulting shares — often a liquidity/compensation action rather than a signal of long-term conviction. Purchases (buys) are generally more informative about bullish insider sentiment; sales can be routine (taxes, diversification, compensation).
- Derivative note: “M” indicates an option exercise/conversion. The line showing 10,000 derivatives disposed with price N/A is not explained in the Form 4; it may reflect settlement mechanics related to the exercise but the filing provides no further detail.
- The options involved were granted as compensation, per the footnotes, and a large pool of related options (3.5M) and a 500k block in a family LLC remain outstanding and were not affected by these transactions.
Insider Transaction Report
- Exercise/Conversion
Common Stock, par value $0.001 per share
2026-06-08$0.07/sh+10,000$700→ 681,482 total - Sale
Common Stock, par value $0.001 per share
2026-06-08$1.50/sh−10,000$15,000→ 671,482 total - Exercise/Conversion
Non-Qualified Stock Options
[F2]2026-06-08−10,000→ 1,300,000 totalExercise: $0.07From: 2020-02-12Exp: 2028-11-12→ Common Stock, par value $.001 per share (10,000 underlying)
- 1,563,599(indirect: See Footnote)
Common Stock, par value $0.001 per share
[F1] - 3,500,000(indirect: See Footnote)
Non-Qualified Stock Options
[F3][F4]Exercise: $0.07From: 2020-02-12Exp: 2028-11-12→ Common Stock, par value $.001 per share
Footnotes (4)
- [F1]Held by Moriah Stone Global L.P. of which Mr. Adamczyk is controlling partner.
- [F2]Options were issued in exchange for services rendered as an officer and director of the company.
- [F3]3,500,000 shares of Common Stock underlie these options and were not affected by the transactions reported in this Form 4.
- [F4]500,000 of Mr. Adamczyk's options are held in the name of Adamczyk Family 2021 LLC, a family limited liability company which he controls. None of these options were exercised.