Stephen Cotton - 19 Aug 2025 Form 4 Insider Report for Aqua Metals, Inc. (AQMS)

Signature
/s/ Eric West, by power of attorney
Issuer symbol
AQMS
Transactions as of
19 Aug 2025
Net transactions value
+$177,889
Form type
4
Filing time
21 Aug 2025, 18:44:16 UTC
Previous filing
03 Jul 2025
Next filing
23 Sep 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Cotton Stephen Chief Executive Officer, Director 5370 KIETZKE LN, SUITE 201, RENO /s/ Eric West, by power of attorney 21 Aug 2025 0001649322

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AQMS Common Stock Award $184,955 +46,824 +79% $3.95 106,039 19 Aug 2025 Direct F1
transaction AQMS Common Stock Tax liability $7,066 -1,920 -1.8% $3.68 104,119 20 Aug 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 46,824 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. The RSUs will vest and be settled in six equal semi-annual installments over a three year period, subject to the Reporting Person's continuation of service with the Company. These RSUs have been granted under the Company's 2025 Long Term Incentive Program as non-cash stock awards. Each RSU shall entitle its holder to receive one Common Stock of the issuer.
F2 Represents the number of shares withheld and returned to the plan to cover the tax liability of the August 19, 2025 vesting of a previously reported restricted share grant represented in Table I.
F3 Includes 76,057 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable.