Applied Energetics (AERG) CEO Donaghey Receives 100,000 RSUs

What Happened
Christopher W. Donaghey, President & CEO and a director of Applied Energetics (AERG), had 100,000 restricted stock units (RSUs vest) on July 13, 2026. There was no exercise price for these RSUs; 39,850 of the vested shares were forfeited/withheld to cover tax withholding, leaving a net issuance of 60,150 shares to Donaghey. The Form 4 shows the vesting/conversion coded as M (exercise/conversion of derivative) and the withholding coded as F (payment of tax liability via share forfeiture).

Key Details

• Transaction date: July 13, 2026 (reported on Form 4 filed August 26, 2026).
• Price / cash: N/A — RSUs vested with no exercise price; no cash received.
• Shares withheld for tax: 39,850 (disposed/forfeited to satisfy withholding). Net shares delivered: 60,150.
• Relevant footnotes: F1 notes the 100,000 RSU vest and 39,850 withheld for taxes; F6 explains these RSUs vest automatically in equal annual instalments of 100,000 shares on each anniversary and have no exercise requirement.
• Shares owned after transaction: not provided in the excerpt of the filing.
• Filing timeliness: The Form 4 was filed ~44 days after the transaction date (filed 2026-08-26 for a 2026-07-13 transaction), which is late relative to the usual two-business-day reporting requirement.

Context

• This was a vesting of RSUs (an award), not an open-market purchase or sale of stock; the withholding of shares to cover taxes is a routine administrative step and common for net-settled RSU awards.
• RSU vesting is not a directional buy/sell signal like an open-market purchase or sale — it represents compensation realization rather than an investment decision.