Energous (WATT) Chief Accounting Officer Gregory Sadikoff Receives RSU Award

What Happened
Gregory Sadikoff, Energous Corp's Chief Accounting Officer, was granted 22,567 restricted stock units (RSUs) on 2026-08-17. The grant was reported on a Form 4 filed 2026-08-18. Each RSU represents the contingent right to receive one share of Energous common stock; the grant price is listed as $0.00 because this is an equity award rather than a cash purchase.

Key Details

• Transaction date: 2026-08-17; Form 4 filed: 2026-08-18 (appears timely).
• Grant type/code: Award/Grant (A).
• Units granted: 22,567 RSUs at $0.00 (no cash exchanged at grant).
• Vesting: One-time refresher grant — 33% vests on the first anniversary of the grant; the remaining RSUs vest in equal quarterly installments over the subsequent two years, contingent on continued service.
• Each RSU = right to one share upon vesting.
• Shares owned after the transaction: not disclosed in the provided filing.
• Footnote: Grant was recommended by the issuer's independent compensation consultant (see filing footnote).

Context
RSU grants are a common form of executive compensation and vest over time; they are not immediate purchases or sales and do not necessarily indicate a near-term market action. This award appears to be a refresher grant intended to retain the reporting person, with standard service-based vesting and no immediate sale or tax-withholding detail reported in the filing.