SEC Form 4 · accession 0001213900-26-093704
APPLIED ENERGETICS, INC. · AERG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Wayne Donaghey
Officer — President & CEO · Director
Period of report
Jul 13, 2026
Accepted (ET)
Aug 26, 2026 · 6:09 am EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0000879911
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1 | Jul 13, 2026 | M | 100,000 | — | D | 213,592 | D | |
| Common Stock, par value $0.001 per shareF1 | Jul 13, 2026 | F | 39,850 | — | D | 173,742 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF6 | — | Jul 13, 2026 | M | 100,000 | D | — | — | Common Stock, par value $.001 per share | 100,000 | 0 | D |
| Incentive Stock OptionsF2 | $0.78 | holding | — | — | — | — | — | Common Stock, par value $.001 per share | 1,000,000 | 1,000,000 | D |
| Non-Statutory Stock OptionsF3 | $0.35 | holding | — | — | — | — | Apr 29, 2029 | Common Stock, par value $.001 per share | 150,000 | 150,000 | D |
| Non-Statutory Stock OptionsF4 | $0.61 | holding | — | — | — | — | May 12, 2031 | Common Stock, par value $.001 per share | 200,000 | 200,000 | D |
| Incentive Stock OptionsF5 | $2.36 | holding | — | — | — | — | Jul 13, 2032 | Common Stock, par value $.001 per share | 1,000,000 | 1,000,000 | D |
Explanation of responses
- F1Consists of vesting of RSUs in the amount of 100,000 shares with no exercise price and forfeiture of 39,850 to cover tax withholding.
- F2The options vest upon the achievement of specified revenue milestones as follows: with respect to 170,000 Shares, upon achievement of gross revenues of $10 million; with respect to an additional 330,000 Shares, upon achievement of gross revenues of $25 million; and with respect to the remaining 500,000 Shares, upon achievement of gross revenues of $50 million. They were issued in exchange for services pursuant to an Incentive Stock Option Agreement under the 2018 Incentive Stock Plan and expire ten years from the date of grant.
- F3These options vested in instalments of 37,500 shares on each of 9/29/2019, 4/29/2020, 9/29/2020 and 4/29/2021. They were issued in exchange for services pursuant to an Incentive Stock Option Agreement under the 2018 Incentive Stock Plan.
- F4These options vested on May 12, 2022. They were issued in exchange for services pursuant to an Incentive Stock Option Agreement under the 2018 Incentive Stock Plan.
- F5These options vested over four years, in equal annual instalments of 250,000 shares, commencing on July 12, 2023. They were issued in exchange for services pursuant to an Incentive Stock Option Agreement under the 2018 Incentive Stock Plan.
- F6These RSUs vested automatically in equal annual instalments of 100,000 shares on each anniversary date, without execution or any need for exercise, and had no expiration date. They were issued in exchange for services pursuant to an RSU Agreement.