Energous (WATT) Chief S&G Officer Marino Giampaolo Receives Award

What Happened

• Marino Giampaolo, Chief S&G Officer of Energous Corp (WATT), received a grant of 43,100 restricted stock units (RSUs) on 2026-08-17. The award was recorded at $0.00 per RSU (no cash paid at grant). Each RSU represents the contingent right to receive one share of common stock when vested.

Key Details

• Transaction date: 2026-08-17; Form 4 filed 2026-08-18 (appears timely).
• Transaction type/code: Award/Grant (A).
• Shares/units granted: 43,100 RSUs; acquisition price reported as $0.00.
• Shares owned after transaction: Not reported in the filing.
• Vesting (per footnote): One-time refresher RSU grant that vests 33% on the first anniversary of the grant, with the remaining RSUs vesting in equal quarterly installments over the subsequent two years, subject to continued service.
• These RSUs are a compensation award, not an open-market purchase or sale.

Context

• RSU grants are common executive compensation and do not require immediate cash from the insider; they align executive incentives with shareholder value as the units only convert to shares upon vesting.
• This transaction signals issuance of compensation rather than a direct buy or sell of stock; it should be viewed as part of the company’s pay practices rather than a straightforward insider market sentiment indicator.