Form 4: Energous Corp Director Cesar Johnston Reports Acquisition of 1,125 Shares

Director Cesar Johnston reports acquiring 1,125 shares of Energous Corp common stock on April 5, 2024, through vesting of performance stock units.

Summary

• On April 5, 2024, Cesar Johnston, a director of Energous Corp, acquired 1,125 shares of common stock.
• The acquisition was a result of the vesting of performance stock units granted on July 20, 2022.
• The price per share was $0.0000.
• Following the transaction, Johnston directly owns 92,776 shares of Energous Corp.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard disclosure of stock acquisition through vesting. It doesn't inherently indicate positive or negative sentiment.

Positives

• The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it slightly increases the number of outstanding shares.

Key Dates

Keywords

Energous Corp, Cesar Johnston, Form 4, Director, Stock Acquisition, Performance Stock Units, Beneficial Ownership, WATT