AQMS · Aqua Metals, Inc. · Insider Trading
Substantial doubt about the company's ability to continue as a going concern.
“Management believes that the Company's capital resources remain insufficient to sustain operations through at least the next twelve months from the date of this filing. Additionally, in view of the Company's expectation to incur significant losses and continue utilizing cash in operations for the foreseeable future, the Company will be required to raise additional capital resources in order to fund its operations, although the availability of, and the Company's access to such resources, cannot be assured. Accordingly, management believes that there is substantial doubt regarding the Company's ability to continue operating as a going concern through the next twelve months from the date of this filing.”View the 10-Q filed Jul 30, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-08-24 | HENDERSON STEVEN K |
Executive Vice President |
Award↑
Filing footnotes — Common Stock (Direct)
Represents 10,427 shares underlying restricted stock units ("RSUs"). The first installment vested immediately on August 24, 2026, and the remaining RSUs will vest in three installments on 11/1/2026, 2/1/2027, and 5/1/2027. Each RSU shall entitle its holder to receive one share of Common Stock of the issuer. Includes 7,820 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
10,427 |
| 2026-08-24 | West Eric |
Chief Financial Officer |
Award↑
Filing footnotes — Common Stock (Direct)
Represents 37,352 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 2026 Long Term Incentive Program as non-cash stock awards. Each RSU shall entitle its holder to receive one share of Common Stock of the issuer. Includes 65,591 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
37,352 |
| 2026-08-24 | Gangloff Eric John |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents 10,427 shares underlying restricted stock units ("RSUs"). The first installment vested immediately on August 24, 2026, and the remaining RSUs will vest in three installments on 11/1/2026, 2/1/2027, and 5/1/2027. Each RSU shall entitle its holder to receive one share of Common Stock of the issuer. Includes 7,820 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
10,427 |
| 2026-08-24 | DIVITO VINCENT L |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents 15,641 shares underlying restricted stock units ("RSUs"). The first installment vested immediately on August 24, 2026, and the remaining RSUs will vest in three installments on 11/1/2026, 2/1/2027, and 5/1/2027. Each RSU shall entitle its holder to receive one share of Common Stock of the issuer. Includes 11,731 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
15,641 |
| 2026-08-24 | Cotton Stephen |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Common Stock (Direct)
Represents 104,818 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 2026 Long Term Incentive Program as non-cash stock awards. Each RSU shall entitle its holder to receive one share of Common Stock of the issuer. Includes 178,536 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
104,818 |
| 2026-08-24 | Taecker Benjamin S. |
Chief Eng and Opr Officer |
Award↑
Filing footnotes — Common Stock (Direct)
Represents 30,958 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 2026 Long Term Incentive Program as non-cash stock awards. Each RSU shall entitle its holder to receive one share of Common Stock of the issuer. Includes 53,312 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
30,958 |
| 2026-08-19 | Cotton Stephen |
Director, Chief Executive Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents the number of shares withheld and returned to the plan to cover the tax liability of the August 19, 2026 vesting of a previously reported restricted share grant represented in Table I. Includes 73,718 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
3,305 |
| 2026-08-19 | Taecker Benjamin S. |
Chief Eng and Opr Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents the number of shares withheld and returned to the plan to cover the tax liability of the August 19, 2026 vesting of a previously reported restricted share grant represented in Table I. Includes 22,354 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
1,005 |
| 2026-08-19 | West Eric |
Chief Financial Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents the number of shares withheld and returned to the plan to cover the tax liability of the August 19, 2026 vesting of a previously reported restricted share grant represented in Table I. Includes 28,239 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
1,213 |
| 2026-07-01 | Taecker Benjamin S. |
Chief Eng and Opr Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents the number of shares withheld and returned to the plan to cover the tax liability of the July 1, 2026 vesting of a previously reported restricted share grant represented in Table I. Includes 24,727 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
744 |
| 2026-07-01 | Cotton Stephen |
Director, Chief Executive Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents the number of shares withheld and returned to the plan to cover the tax liability of the July 1, 2026 vesting of a previously reported restricted share grant represented in Table I. Includes 81,522 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
2,402 |
| 2026-05-19 | West Eric |
Chief Financial Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents the number of shares withheld and returned to the plan to cover the tax liability of the May 19, 2026 vesting of a previously reported restricted share grant represented in Table I. Includes 31,102 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
721 |
| 2026-04-13 | West Eric |
Chief Financial Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents the number of shares withheld and returned to the plan to cover the tax liability of the April 13, 2026 vesting of a previously reported restricted share grant represented in Table I. Includes 32,803 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
863 |
| 2026-04-13 | Taecker Benjamin S. |
Chief Eng and Opr Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents the number of shares withheld and returned to the plan to cover the tax liability of the April 13, 2026 vesting of a previously reported restricted share grant represented in Table I. Includes 26,482 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
715 |
| 2026-04-13 | Cotton Stephen |
Director, Chief Executive Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents the number of shares withheld and returned to the plan to cover the tax liability of the April 13, 2026 vesting of a previously reported restricted share grant represented in Table I. Includes 87,192 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
2,352 |
| 2026-02-24 | West Eric |
Chief Financial Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents the number of shares withheld and returned to the plan to cover the tax liability of the February 24, 2026 vesting of a previously reported restricted share grant represented in Table I. Includes 34,840 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
1,214 |
| 2026-02-24 | Cotton Stephen |
Director, Chief Executive Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents the number of shares withheld and returned to the plan to cover the tax liability of the February 24, 2026 vesting of a previously reported restricted share grant represented in Table I. Includes 92,745 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
3,307 |
| 2026-02-24 | Taecker Benjamin S. |
Chief Eng and Opr Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents the number of shares withheld and returned to the plan to cover the tax liability of the February 24, 2026 vesting of a previously reported restricted share grant represented in Table I. Includes 28,170 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
1,006 |
| 2026-02-13 | West Eric |
Chief Financial Officer |
Award↑
Filing footnotes — Common Stock (Direct)
The reporting person is reporting the acquisition of shares of the issuer's common stock pursuant to the Aqua Metals, Inc. 2026 Employee Stock Purchase Plan. Includes 37,703 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
28,390 |
| 2026-02-13 | Taecker Benjamin S. |
Chief Eng and Opr Officer |
Award↑
Filing footnotes — Common Stock (Direct)
The reporting person is reporting the acquisition of shares of the issuer's common stock pursuant to the Aqua Metals, Inc. 2026 Employee Stock Purchase Plan. Includes 30,543 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
23,306 |
| 2026-02-13 | Cotton Stephen |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Common Stock (Direct)
The reporting person is reporting the acquisition of shares of the issuer's common stock pursuant to the Aqua Metals, Inc. 2026 Employee Stock Purchase Plan. Includes 100,549 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
79,873 |
| 2026-01-07 | Cotton Stephen |
Director, Chief Executive Officer |
Other↓
Filing footnotes — Performance Share Units (Direct)
Represents voluntary agreement to forfeit and cancel all outstanding performance stock units ("PSUs") previously granted and reported on Table II. |
Performance Share Units
|
1,510 |
| 2026-01-07 | Taecker Benjamin S. |
Chief Eng and Opr Officer |
Other↓
Filing footnotes — Performance Share Units (Direct)
Represents voluntary agreement to forfeit and cancel all outstanding performance stock units ("PSUs") previously granted and reported on Table II. |
Performance Share Units
|
1,329 |
| 2026-01-07 | Taecker Benjamin S. |
Chief Eng and Opr Officer |
Other↓
Filing footnotes — Performance Share Units (Direct)
Represents voluntary agreement to forfeit and cancel all outstanding performance stock units ("PSUs") previously granted and reported on Table II. |
Performance Share Units
|
443 |
| 2026-01-07 | Taecker Benjamin S. |
Chief Eng and Opr Officer |
Other↓
Filing footnotes — Performance Share Units (Direct)
Represents voluntary agreement to forfeit and cancel all outstanding performance stock units ("PSUs") previously granted and reported on Table II. |
Performance Share Units
|
443 |
| 2026-01-07 | Taecker Benjamin S. |
Chief Eng and Opr Officer |
Other↓
Filing footnotes — Performance Share Units (Direct)
Represents voluntary agreement to forfeit and cancel all outstanding performance stock units ("PSUs") previously granted and reported on Table II. |
Performance Share Units
|
443 |
| 2026-01-07 | Cotton Stephen |
Director, Chief Executive Officer |
Other↓
Filing footnotes — Common Stock (Direct)
Represents voluntary agreement to forfeit and cancel unvested restricted stock units ("RSUs") previously granted and reported on Table I. Includes 100,549 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
2,100 |
| 2026-01-07 | Cotton Stephen |
Director, Chief Executive Officer |
Other↓
Filing footnotes — Performance Share Units (Direct)
Represents voluntary agreement to forfeit and cancel all outstanding performance stock units ("PSUs") previously granted and reported on Table II. |
Performance Share Units
|
1,510 |
| 2026-01-07 | Cotton Stephen |
Director, Chief Executive Officer |
Other↓
Filing footnotes — Performance Share Units (Direct)
Represents voluntary agreement to forfeit and cancel all outstanding performance stock units ("PSUs") previously granted and reported on Table II. |
Performance Share Units
|
1,510 |
| 2026-01-07 | Cotton Stephen |
Director, Chief Executive Officer |
Other↓
Filing footnotes — Performance Share Units (Direct)
Represents voluntary agreement to forfeit and cancel all outstanding performance stock units ("PSUs") previously granted and reported on Table II. |
Performance Share Units
|
4,530 |
| 2026-01-07 | Taecker Benjamin S. |
Chief Eng and Opr Officer |
Other↓
Filing footnotes — Common Stock (Direct)
Represents voluntary agreement to forfeit and cancel unvested restricted stock units ("RSUs") previously granted and reported on Table I. Includes 30,543 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
13 |
| 2026-01-02 | Taecker Benjamin S. |
Chief Eng and Opr Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
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. Includes 30,556 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
979 |
| 2026-01-02 | Cotton Stephen |
Director, Chief Executive Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
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. Includes 102,649 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
3,208 |
| 2025-12-18 | Cotton Stephen |
Director, Chief Executive Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents the number of shares withheld and returned to the plan to cover the tax liability of the December 18, 2025 stock awarded. Includes 109,377 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
6,247 |
| 2025-12-18 | Cotton Stephen |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Common Stock (Direct)
Represents 14,749 of common stock issued to the reporting person on a fully vested basis. |
Common Stock
|
14,749 |
| 2025-11-20 | West Eric |
Chief Financial Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents the number of shares withheld and returned to the plan to cover the tax liability of the November 20, 2025 vesting of a previously reported restricted share grant represented in Table I. Includes 37,703 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
720 |
| 2025-10-13 | Cotton Stephen |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Common Stock (Direct)
Represents 33,320 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. Includes 109,377 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
33,320 |
| 2025-10-13 | Taecker Benjamin S. |
Chief Eng and Opr Officer |
Award↑
Filing footnotes — Common Stock (Direct)
Represents 10,132 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. Includes 32,607 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
10,132 |
| 2025-10-13 | West Eric |
Chief Financial Officer |
Award↑
Filing footnotes — Common Stock (Direct)
Represents 12,224 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. Includes 39,403 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
12,224 |
| 2025-09-19 | Cotton Stephen |
Director, Chief Executive Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents the number of shares withheld and returned to the plan to cover the tax liability of the September 19, 2025 stock awarded. Includes 76,057 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
4,765 |
| 2025-09-19 | Cotton Stephen |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Common Stock (Direct)
Represents 11,250 of common stock issued to the reporting person on a fully vested basis. |
Common Stock
|
11,250 |
| 2025-08-20 | Taecker Benjamin S. |
Chief Eng and Opr Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
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. Includes 22,475 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
564 |
| 2025-08-20 | Cotton Stephen |
Director, Chief Executive Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
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. Includes 76,057 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
1,920 |
| 2025-08-19 | West Eric |
Chief Financial Officer |
Award↑
Filing footnotes — Common Stock (Direct)
Includes 27,179 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
17,179 |
| 2025-08-19 | Taecker Benjamin S. |
Chief Eng and Opr Officer |
Award↑
Filing footnotes — Common Stock (Direct)
Represents 14,238 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. |
Common Stock
|
14,238 |
| 2025-08-19 | Cotton Stephen |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Common Stock (Direct)
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. |
Common Stock
|
46,824 |
| 2025-07-01 | Cotton Stephen |
Director, Chief Executive Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents the number of shares withheld and returned to the plan to cover the tax liability of the July 1, 2025 vesting of a previously reported restricted share grant represented in Table I. Includes 374,750 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
9,301 |
| 2025-07-01 | Taecker Benjamin S. |
Chief Eng and Opr Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents the number of shares withheld and returned to the plan to cover the tax liability of the July 1, 2025 vesting of a previously reported restricted share grant represented in Table I. Includes 117,488 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
3,043 |
| 2025-05-06 | HENDERSON STEVEN K |
Executive Vice President |
Award↑
Filing footnotes — Common Stock (Direct)
Represents 54,347 shares underlying restricted stock units ("RSUs"). The RSUs will vest and be settled in four equal quarterly installments on 8/6/2025, 11/6/2025, 2/6/2026, and 5/6/2026. Each RSU shall entitle its holder to receive one Common Stock of the issuer. Includes 54,347 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
54,347 |
| 2025-05-06 | Zhang Peifang |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents 43,478 shares underlying restricted stock units ("RSUs"). The RSUs will vest and be settled in four equal quarterly installments on 8/6/2025, 11/6/2025, 2/6/2026, and 5/6/2026. Each RSU shall entitle its holder to receive one Common Stock of the issuer. Includes 43,478 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. |
Common Stock
|
43,478 |