Energous (WATT) Director Dodson Receives RSU Award

What Happened

Director J. Michael Dodson received an award of 2,938 restricted stock units (RSUs) from Energous Corporation (WATT) on August 17, 2026. The RSUs were reported at $0.00 per share on the Form 4 (transaction code A — award/grant); the award itself did not involve an out‑of‑pocket purchase. The Form 4 was filed on August 18, 2026.

Key Details

• Transaction date: 2026-08-17; transaction type: Award/Grant (code A).
• Amount: 2,938 RSUs reported at $0.00 per share (total reported value $0).
• Filing date: 2026-08-18 (filed the business day after the grant; within normal Form 4 timing).
• Shares owned after transaction: Not specified in the supplied filing excerpt.
• Footnote: The RSUs vest in four equal quarterly installments from the grant date, subject to continued service; each RSU represents the contingent right to receive one share (see F1).
• No 10b5-1 plan, tax‑withholding sale, or sale of underlying shares was reported in this entry.

Context

RSU grants are a form of compensation, not an open‑market purchase or sale. Because these units vest over time and depend on continued service, they do not represent immediate insider buying pressure — rather, they indicate future potential share issuance to the director as vesting occurs.