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

Energous (WATT)

Fiscal year 2025 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
81.45%
Say-on-pay support, latest vote
Companies that benchmark against WATT
No companies currently name WATT as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

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 FY20242025
Mallorie Burak$790,000

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

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 BurakRSU8753,491
Mallorie BurakRSU6252,494
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
20232023-06-1420,237,5884,609,498472,81781.45%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
20232023-06-1481.45%a
20152015-06-1172.58%b

a. Voting standard not stated in the filing.

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 Committee55,0001,22556,225
J. Michael DodsonIndependent · Audit Committee (Chair) · Compensation Committee · Corporate Governance and Nominating Committee55,0001,22556,225
Mallorie BurakEmployee director0
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.

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: 81.45% (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 09b board cost (computed)ComputedcomputedCash 185,000 + equity 4,637 + all other 0 = 189,637, summed across the director compensation table rows.machine: formula: Σ = 189,637
9Energous (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