Form 4: Aqua Metals CFO Eric West Reports Stock Withholding
Statement of Changes in Beneficial Ownership
CFO Eric West reported the withholding of 863 shares of Aqua Metals common stock to satisfy tax obligations related to a restricted share grant vesting.
Summary
- Eric West, Chief Financial Officer of Aqua Metals, Inc., executed a transaction on April 13, 2026.
- The transaction involved the withholding of 863 shares of common stock at a price of $3.92 per share.
- The withholding was conducted to satisfy tax liabilities associated with the vesting of a previously reported restricted share grant.
- Following this transaction, the reporting person maintains beneficial ownership of 65,058 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it is a routine administrative filing regarding tax obligations rather than a market-moving insider trade.
Positives
- The transaction is a routine administrative action related to tax obligations rather than a discretionary sale of equity.
Negatives
- The transaction results in a minor reduction in the direct share ownership of the CFO.
Risks
- The company remains subject to market volatility affecting the value of equity-based compensation.
Future Outlook
No forward-looking guidance or strategic outlook was provided in this filing.
Industry Context
StockSavvy.ai notes that this is a standard regulatory filing for executive compensation tax compliance and does not reflect a change in management's sentiment toward the company's long-term prospects.
Comparison to Industry Standards
- The transaction follows standard corporate governance practices for handling tax withholding on equity vesting events, consistent with practices at other publicly traded companies.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a standard tax-related withholding.
Key Dates
| Date | Description |
|---|---|
| 04/13/2026 | Date of the transaction involving the withholding of shares for tax purposes. |
| 04/15/2026 | Date the Form 4 was signed and filed with the SEC. |
Keywords
Aqua Metals, AQMS, Form 4, Insider Transaction, CFO, Equity Compensation
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