Form 4: Energous CEO Mallorie Burak Increases Stake in WATT
Statement of Changes in Beneficial Ownership
CEO and CFO Mallorie Sara Burak purchased 1,867 shares of Energous Corporation common stock at $26.47 per share.
Summary
- Mallorie Sara Burak, CEO and CFO of Energous Corporation, acquired 1,867 shares of common stock.
- The transaction occurred on May 27, 2026, at a price of $26.47 per share.
- Following this transaction, the reporting person's total beneficial ownership is 26,999 shares.
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a moderately positive signal, as it reflects direct financial commitment from the company's top executive.
Positives
- Insider confidence is demonstrated by the CEO and CFO increasing their personal equity stake in the company.
Negatives
- None identified in this filing.
Risks
- None identified in this filing.
Future Outlook
Not applicable.
Industry Context
StockSavvy.ai notes that insider buying is generally viewed as a positive signal of management's belief in the company's long-term strategic direction and valuation.
Comparison to Industry Standards
- Insider purchases by C-suite executives are standard practice and often serve as a signal of alignment with shareholder interests.
Stakeholder Impact
- Shareholders may interpret this as a sign of management confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 05/27/2026 | Date of the stock purchase transaction. |
| 05/28/2026 | Date the Form 4 was signed and filed. |
Keywords
Energous, WATT, Insider Trading, Form 4, Mallorie Burak, Equity Ownership
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