Stephen Cotton - 02 Jan 2026 Form 4 Insider Report for Aqua Metals, Inc. (AQMS)

Role: Chief Executive Officer, Director
Signature: /s/ Eric West, by power of attorney
Issuer symbol: AQMS
Transactions as of: 02 Jan 2026
Net transactions value: -$15,398
Form type: 4
Filing time: 06 Jan 2026, 18:54:48 UTC
Previous filing: 22 Dec 2025
Next filing: 09 Jan 2026
SEC: View on sec.gov

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	06 Jan 2026	0001649322

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AQMS	Common Stock	Tax liability	$15,398	-3,208	-2.1%	$4.80	147,559	02 Jan 2026	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the number of shares withheld and returned to the plan to cover the tax liability of the January 2, 2026 vesting of a previously reported restricted share grant represented in Table I.
F2	Includes 102,649 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable.