QS Energy (QSEP) Director Eric Bunting Exercises Warrants, Buys 150,000 Shares

What Happened

• Eric Bunting, a director of QS Energy, exercised warrants and acquired 150,000 common shares at $0.10 per share on 2026-08-27, paying $15,000 total. The filing also reports a 333,333-share grant (derivative) dated 2026-01-01 that vests monthly through 12/31/2026, and related derivative conversions/adjustments on 2026-08-25.

Key Details

• Transactions reported:
  • 2026-08-27: Other acquisition (code J) — 150,000 shares acquired @ $0.10 ($15,000) — per footnote, these were warrants exercised (warrants were acquired from an unrelated third party and exercised on 08/27/2026).
  • 2026-08-25: Conversion of derivative security (code C) — 150,000 shares reported as disposed @ $0.10 (derivative) and a same-day other acquisition (code J) of 150,000 derivative shares (N/A price).
  • 2026-01-01: Grant/award (code A) — 333,333 derivative securities granted; vest 1/12 per month starting 1/1/2026, full vest on 12/31/2026 (issued under the Company’s Director Compensation Policy).
• Shares owned after the transactions: not disclosed in the provided excerpt of the filing.
• Filing date: 2026-08-28. No late filing flag is indicated in the provided information.

Context

• The primary public action here is a small-cost exercise of warrants into common stock ($15,000 outlay), which is a routine insider transaction rather than a large directional bet.
• The 333,333-share award is a time-vesting derivative (options/warrants) issued under director compensation; vesting is monthly through year-end 2026.
• For retail investors: purchases and exercises can signal confidence but this transaction is modest in size. The derivative entries reflect option/warrant mechanics (grant, conversion, exercise) rather than an open-market investment of large scale.