Form 4: Applied Energetics CFO/COO Christopher Donaghey Reports Stock Transactions

Christopher Wayne Donaghey, CFO/COO of Applied Energetics, Inc., reports the vesting of restricted stock units and subsequent tax withholding.

Summary

• On July 13, 2024, Christopher Wayne Donaghey, CFO/COO of Applied Energetics, Inc., reported transactions involving the company's common stock.
• These transactions included the vesting of 100,000 Restricted Stock Units (RSUs) and the forfeiture of 37,532 shares to cover tax withholding obligations.
• Following these transactions, Donaghey directly owns 161,027 shares of Applied Energetics common stock.
• Donaghey also holds options to purchase 1,350,000 shares of common stock, which were not affected by these transactions.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's stock. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.

Key Dates