Aqua Metals (AQMS) CEO Stephen Cotton Receives Award 104,818 RSUs

What Happened

• Stephen Cotton, CEO of Aqua Metals, was awarded 104,818 restricted stock units (RSUs) on 2026-08-24. The award was reported on Form 4 filed 2026-08-26. The RSUs were granted at $0.00 cash consideration (non-cash award), so no purchase price or immediate cash value was paid.

Key Details

• Transaction date: 2026-08-24; Form 4 filed: 2026-08-26 (timely filing).
• Award: 104,818 RSUs granted under the company's 2026 Long Term Incentive Program as non-cash stock awards; each RSU convertible to one share of common stock.
• Vesting: RSUs vest and will be settled in six equal semi‑annual installments over three years, subject to continued service.
• Other holdings noted: Footnote indicates 178,536 shares/RSUs that are not yet vested and deliverable (included in reported beneficial ownership disclosures).
• No tax‑withholding sales or immediate cashless exercise reported in this filing.

Context

• This was an equity award (grant), not an open‑market purchase or sale. RSU grants are compensation and subject to vesting; they do not represent immediate share sales or purchases and should be viewed as part of executive compensation rather than a direct buy/sell signal.