Sadikoff Gregory 4

What Happened

• Gregory Sadikoff, Chief Accounting Officer of Energous Corp. (WATT), received an award of 4,000 restricted stock units (RSUs) on January 12, 2026. The grant shows a $0.00 acquisition price (no cash exchanged at grant).
• These are unvested RSUs that represent the contingent right to receive one share per RSU upon vesting; the award itself is not an open‑market purchase or sale.

Key Details

• Transaction date: January 12, 2026; Filing date: January 30, 2026 (filed more than two business days after the transaction date).
• Transaction type/code: Award/Grant (Form 4 code: A).
• Shares awarded: 4,000 RSUs; grant value at award: $0 cash paid.
• Vesting: RSUs vest in four equal annual installments beginning January 12, 2027, subject to continued service (see footnote).
• Shares owned after transaction: Not specified in the provided filing.
• Notable footnote: Each RSU is a contingent right to one share and vests in four equal annual installments beginning 1/12/2027, contingent on continued service.

Context

• RSU awards are compensation grants, not purchases or sales; they represent potential future equity if the executive remains with the company and the RSUs vest. The late filing (filed Jan 30 for a Jan 12 transaction) may be a reporting timeliness issue but does not change the nature of the award.