Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-29

Energous (WATT)

CEO Mallorie Burak was paid $790,000 in fiscal year 2025, ↓ down 7.0% from fiscal year 2024 (SEC filing 0001104659-26-051573 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$790,000 ↓
Mallorie Burak total, FY2025
—
CEO pay percentile vs peers
—
CEO-to-median pay ratio
79.93%
Say-on-pay support, latest vote

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WATT's next annual pay disclosure, estimated April 29, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Mallorie Burak$395,000$395,000$0$0$0$0$0$790,000
Chief Executive Officer and Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Mallorie Burak$790,000$849,551—↓ −59,551

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against WATT
1 company names WATT as a compensation peer

The list of companies that name WATT as a peer is temporarily unavailable — recheck shortly.

01b

Executives — the chief executive

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Mallorie BurakCEO$790,000
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
David RobersonChair of the Board$77,187
J. Michael DodsonIndependent Director$56,225
Rahul PatelIndependent Director$56,225
02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Mallorie BurakRSU1,299—$5,183
Mallorie BurakRSU875—3,491
Mallorie BurakRSU625—2,494
05

Incentive-plan design — the Compensation Discussion & Analysis

To offer executive officers compensation and benefits that are competitive and meet goals of attracting, retaining and motivating highly skilled management, emphasizing long-term performance-based equity compensation over base annual salaries to conserve cash and align interests with stockholders.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultant—
Clawback policy—
Anti-hedging—
Anti-pledging—
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20232023-06-1420,237,5884,609,498472,81779.93%Passed
20152015-06-113,562,7051,345,99790,52372.58%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20232023-06-1479.93%a
20152015-06-1172.58%b

a. Approved under the standard stated in the filing — “With respect to Proposals 6 and 7, abstentions and broker non-votes will have the effect of a vote "Against." For Proposal 1, you may vote "For all", "Withhold all" or vote "For all except" one or more of the director nominees you specify.”.

b. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
David RobersonIndependent · Board Chair · Audit Committee · Compensation Committee · Corporate Governance and Nominating Committee (Chair)$75,000$2,187———$77,187
Rahul PatelIndependent · Audit Committee · Compensation Committee (Chair) · Corporate Governance and Nominating Committee55,0001,225———56,225
J. Michael DodsonIndependent · Audit Committee (Chair) · Compensation Committee · Corporate Governance and Nominating Committee55,0001,225———56,225
Mallorie BurakEmployee director—————0
09

Board fee structure and ownership guideline

Annual cash retainer$25,000
Annual equity retainer—
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 10,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$185,000
Equity awards (grant-date value)$4,637
All other compensation$0
Total cost of the board$189,637

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Energous2025Mallorie Burak$395,000$0$0$0$790,000

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10d

Frequently asked questions

Who was the highest-paid executive at Energous in fiscal 2025?
As disclosed, Mallorie Burak (Chief Executive Officer and Chief Financial Officer) was the highest-paid executive at Energous in fiscal 2025, with total compensation of $790,000.
How did shareholders vote on Energous's executive compensation?
As disclosed, 79.93% of shareholders supported Energous's executive compensation in the latest say-on-pay vote.
How much does Energous spend in total on board compensation for fiscal 2025?
As disclosed, Energous reported total board compensation of $189,637 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Mallorie BurakDEF 14A2026-04-290001104659-26-051573Section “Executive Compensation”. As printed: 790,000. Filing ↗machine: span 372464–372471
2Section 08, David RobersonDEF 14A2026-04-290001104659-26-051573Section “Director Compensation”. As printed: 77,187. Filing ↗machine: span 191840–191846
3Section 08, Rahul PatelDEF 14A2026-04-290001104659-26-051573Section “Director Compensation”. As printed: 56,225. Filing ↗machine: span 187596–187602
4Section 08, J. Michael DodsonDEF 14A2026-04-290001104659-26-051573Section “Director Compensation”. As printed: 56,225. Filing ↗machine: span 189659–189665
5Section 08, Mallorie BurakDEF 14A2026-04-290001104659-26-051573Section “Director Compensation”. As printed: 0. Filing ↗
6Section 06, 2023 voteForm 8-K2023-06-210001193125-23-171146Item 5.07 · say-on-pay result. As reported: 79.93% (votes for as printed: 20,237,588). Filing ↗
7Section 06, 2015 voteForm 8-K2025-06-130001104659-25-059401Item 5.07 · say-on-pay result. As reported: 72.58% (votes for as printed: 3,562,705). Filing ↗
8Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
9Section 09b board cost (computed)Computed——Cash 185,000 + equity 4,637 + all other 0 = 189,637, summed across the director compensation table rows.machine: formula: Σ = 189,637
10Energous (subject), Section 10b CEO totalDEF 14A2026-04-290001104659-26-051573CEO total compensation as printed in Energous's own proxy. As printed: 790,000. Filing ↗machine: span 372464–372471

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