Aqua Metals, Inc.
US ˙ NasdaqCM ˙ US03837J1016

SecurityAQMS / Aqua Metals, Inc.
InsiderStephen Cotton
This page shows the track record and history of Cotton Stephen insider trades in Aqua Metals, Inc.. The SEC defines Insiders as officers, directors, or significant investors (greater than 10% ownership) in a company. It is illegal for insiders to make trades in their companies based on material, non-public information ("MNPI"). This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4.
Insider Purchases - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made by Stephen Cotton in AQMS / Aqua Metals, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
2024-05-14 250,000 0.3900 16,667 5.8500 97,500 205 2.8200 -50,502 -51.80
2020-08-07 721 1.0400 48 15.6000 750
2020-07-24 670 1.1200 45 16.8000 750
2020-07-10 676 1.1100 45 16.6500 750
2020-06-26 682 1.1000 45 16.5000 750
2020-06-12 872 0.8600 58 12.9000 750
2020-06-08 50,069 0.8700 3,338 13.0500 43,560
2019-06-14 10,000 1.5050 667 22.5750 15,050
2019-01-17 15,000 1.9000 1,000 28.5000 28,500
2018-08-13 6,400 2.4949 427 37.4235 15,967
2018-06-18 30,000 2.8500 2,000 42.7500 85,500
2015-08-24 2,500 4.7278 167 70.9170 11,820
2015-08-21 2,500 4.9543 167 74.3145 12,386

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

AQMS / Aqua Metals, Inc. Insider Trades
Insider Sales - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made by Stephen Cotton in AQMS / Aqua Metals, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
2022-07-08 283,758 0.7700 18,917 11.5500 218,494 165 0.5064 -208,913 -95.62
2022-03-24 100,605 1.4100 6,707 21.1500 141,853
2022-01-05 124,474 1.2700 8,298 19.0500 158,082
2021-07-02 193,173 2.7100 12,878 40.6500 523,499
2021-03-24 87,660 3.8800 5,844 58.2000 340,121
2021-03-02 187,461 5.0200 12,497 75.3000 941,054
2021-03-01 45,000 5.1500 3,000 77.2500 231,750
2021-01-04 69,874 3.3600 4,658 50.4000 234,777
2020-07-02 169,606 1.1500 11,307 17.2500 195,047
2020-03-23 13,315 0.3900 888 5.8500 5,193
2020-01-07 4,918 0.8000 328 12.0000 3,934
2020-01-03 197,090 0.7100 13,139 10.6500 139,934

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

AQMS / Aqua Metals, Inc. Insider Trades
Insider Transaction History
File
Date		 Trade
Date		 Form Insider Ticker Security Title Code 10b5-1 Direct Exercise
Price		 Unit
Price		 Units
Changed		 Value
Changed (1K)		 Remaining
Options		 Remaining
Shares
2025-08-21 2025-08-20 4 Cotton Stephen AQMS Common Stock F - Taxes D 3.6800 -1,920 -7 104,119
2025-08-21 2025-08-19 4 Cotton Stephen AQMS Common Stock A - Award D 3.9500 46,824 185 106,039
2025-07-03 2025-07-01 4 Cotton Stephen AQMS Common Stock F - Taxes D 0.4900 -9,301 -5 592,154
2025-02-24 2025-02-20 4 Cotton Stephen AQMS Common Stock A - Award D 37,103 601,455
2025-01-03 2025-01-01 4 Cotton Stephen AQMS Common Stock F - Taxes D 2.5200 -13,337 -34 564,352
2024-12-23 2024-12-19 4 Cotton Stephen AQMS Common Stock A - Award D 271,927 577,689
2024-07-03 2024-07-01 4 Cotton Stephen AQMS Common Stock F - Taxes D 0.3200 -236,986 -76 6,115,247
2024-05-16 2024-05-14 4 Cotton Stephen AQMS Common Stock P - Purchase D 0.3900 250,000 98 6,352,233
2024-01-03 2024-01-02 4 Cotton Stephen AQMS Common Stock F - Taxes D 0.7900 -220,103 -174 6,202,233
2023-12-14 2023-12-12 4 Cotton Stephen AQMS Common Stock A - Award D 420,000 6,422,606
2023-12-14 2023-12-12 4 Cotton Stephen AQMS Common Stock A - Award D 100,000 6,002,606
2023-12-14 2023-12-12 4 Cotton Stephen AQMS Common Stock A - Award D 1,365,000 5,902,606
2023-07-06 2023-07-06 4 Cotton Stephen AQMS Common Stock D - Sale to Issuer D 1.1100 -37,633 -42 4,537,606
2023-07-06 2023-07-05 4 Cotton Stephen AQMS Common Stock D - Sale to Issuer D 1.1600 -62,367 -72 4,575,239
2023-07-06 2023-07-03 4 Cotton Stephen AQMS Common Stock F - Taxes D 1.2100 -209,102 -253 4,637,606
2023-03-24 2023-03-23 4 Cotton Stephen AQMS Common Stock F - Taxes D 1.0500 -82,636 -87 4,846,708
2023-01-05 2023-01-03 4 Cotton Stephen AQMS Common Stock F - Taxes D 1.1500 -228,732 -263 4,929,074
2022-12-27 2022-12-22 4 Cotton Stephen AQMS Common Stock A - Award D 0.6300 100,000 63 5,157,806
2022-12-14 2022-12-12 4 Cotton Stephen AQMS Common Shares A - Award D 1,270,589 5,057,806
2022-07-08 2022-07-08 4 Cotton Stephen AQMS Common Shares S - Sale D 0.7700 -283,758 -218 3,787,217
2022-03-28 2022-03-24 4 Cotton Stephen AQMS Common Shares S - Sale D 1.4100 -100,605 -142 4,070,975
2022-01-06 2022-01-05 4 Cotton Stephen AQMS Common Shares S - Sale D 1.2700 -124,474 -158 4,171,580
2021-12-15 2021-12-13 4 Cotton Stephen AQMS Common Stock A - Award D 722,334 4,296,054
2021-07-06 2021-07-02 4 Cotton Stephen AQMS Common Shares S - Sale D 2.7100 -193,173 -523 1,483,354
2021-03-26 2021-03-24 4 Cotton Stephen AQMS Common Shares S - Sale D 3.8800 -87,660 -340 1,215,213
2021-03-03 2021-03-02 4 Cotton Stephen AQMS Employee Stock Option (right to buy) M - Exercise D 1.88 -187,461 2,971,680
2021-03-03 2021-03-02 4 Cotton Stephen AQMS Common Stock S - Sale D 5.0200 -187,461 -941 1,092,873
2021-03-03 2021-03-02 4 Cotton Stephen AQMS Common Stock M - Exercise D 1.8800 187,461 352 1,280,334
2021-03-03 2021-03-01 4 Cotton Stephen AQMS Employee Stock Option (right to buy) M - Exercise D 1.88 -45,000 3,159,141
2021-03-03 2021-03-01 4 Cotton Stephen AQMS Common Stock S - Sale D 5.1500 -45,000 -232 1,092,873
2021-03-03 2021-03-01 4 Cotton Stephen AQMS Common Stock M - Exercise D 1.8800 45,000 85 1,137,873
2021-01-05 2021-01-04 4 Cotton Stephen AQMS Common Shares S - Sale D 3.3600 -69,874 -235 1,092,873
2020-12-18 2020-12-16 4 Cotton Stephen AQMS Restricted Stock Units A - Award D 0.00 969,828 3,840,346
2020-08-10 2020-08-07 4 Cotton Stephen AQMS Common Shares P - Purchase D 1.0400 721 1 863,071
2020-07-27 2020-07-24 4 Cotton Stephen AQMS Common Shares P - Purchase D 1.1200 670 1 862,350
2020-07-14 2020-07-10 4 Cotton Stephen AQMS Common Shares P - Purchase D 1.1100 676 1 861,680
2020-07-07 2020-07-02 4 Cotton Stephen AQMS Common Shares S - Sale D 1.1500 -169,606 -195 861,004
2020-06-29 2020-06-26 4 Cotton Stephen AQMS Common Shares P - Purchase D 1.1000 682 1 730,933
2020-06-15 2020-06-12 4 Cotton Stephen AQMS Common Shares P - Purchase D 0.8600 872 1 730,251
2020-06-08 2020-06-08 4 Cotton Stephen AQMS Common Shares P - Purchase D 0.8700 50,069 44 729,379
2020-05-20 2020-05-19 4 Cotton Stephen AQMS Restricted Stock Units A - Award D 0.00 1,316,250 2,870,518
2020-03-25 2020-03-23 4 Cotton Stephen AQMS Restricted Stock Units A - Award D 0.00 371,250 1,517,416
2020-03-25 2020-03-23 4 Cotton Stephen AQMS Stock Options D - Sale to Issuer D 3.08 -420,000 1,146,166
2020-03-25 2020-03-23 4 Cotton Stephen AQMS Stock Options D - Sale to Issuer D 4.18 -420,000 1,146,166
2020-03-25 2020-03-23 4 Cotton Stephen AQMS Stock Options D - Sale to Issuer D 3.68 -420,000 1,566,166
2020-03-25 2020-03-23 4 Cotton Stephen AQMS Restricted Common Stock A - Award D 630,000 1,309,310
2020-03-25 2020-03-23 4 Cotton Stephen AQMS Common Shares S - Sale D 0.3900 -13,315 -5 679,310
2020-01-09 2020-01-07 4 Cotton Stephen AQMS Common Shares S - Sale D 0.8000 -4,918 -4 633,211
2020-01-06 2020-01-03 4 Cotton Stephen AQMS Common Shares S - Sale D 0.7100 -197,090 -140 619,703
2020-01-06 2020-01-02 4 Cotton Stephen AQMS Common Shares A - Award D 700,000 816,793
2019-09-25 2019-09-23 4 Cotton Stephen AQMS Restricted Share Units A - Award D 0.00 59,414 2,484,006
2019-07-08 2019-07-06 4 Cotton Stephen AQMS Common Shares F - Taxes D 1.8300 -7,533 -14 208,924
2019-06-14 2019-06-14 4 Cotton Stephen AQMS Common Shares P - Purchase D 1.5050 10,000 15 216,457
2019-02-27 2019-02-25 4 Cotton Stephen AQMS Stock Options A - Award D 3.08 420,000 2,332,461
2019-02-27 2019-02-25 4 Cotton Stephen AQMS Stock Options A - Award D 4.18 420,000 2,332,461
2019-02-27 2019-02-25 4 Cotton Stephen AQMS Stock Options A - Award D 3.68 420,000 1,912,461
2019-01-22 2019-01-17 4 Cotton Stephen AQMS Common Stock P - Purchase D 1.9000 15,000 28 206,457
2019-01-07 2019-01-04 4 Cotton Stephen AQMS Employee Stock Option A - Award D 1.88 232,461 232,461
2019-01-07 2019-01-04 4/A Cotton Stephen AQMS Employee Stock Option (right to buy) A - Award D 1.88 232,461 232,461
2019-01-07 2019-01-04 4/A Cotton Stephen AQMS Common Stock A - Award D 110,557 191,457
2018-08-13 2018-08-13 4 Cotton Stephen AQMS Common Stock P - Purchase D 2.4949 6,400 16 80,900
2018-06-18 2018-06-18 4 Cotton Stephen AQMS Common Stock P - Purchase D 2.8500 30,000 86 74,500
2018-05-09 3 Cotton Stephen AQMS Common Stock D 89,000
2018-05-09 3 Cotton Stephen AQMS Common Stock D 89,000
2018-05-09 3 Cotton Stephen AQMS Common Stock D 89,000
2017-04-20 2017-04-19 4 Cotton Stephen AQMS Common Stock S - Sale D 17.2605 -4,415 -76 93,291
2017-03-24 2017-03-22 4 Cotton Stephen AQMS Common Stock S - Sale D 17.8390 -4,415 -79 97,706
2017-01-03 2016-12-30 4 Cotton Stephen AQMS Common Stock G - Gift D -3,000 102,121
2016-01-12 2016-01-08 4 Cotton Stephen AQMS Employee Stock Option (Right to Buy) A - Award D 5.07 22,248 22,248
2015-08-25 2015-08-24 4 Cotton Stephen AQMS Common Stock P - Purchase D 4.7278 2,500 12 105,121
2015-08-25 2015-08-21 4 Cotton Stephen AQMS Common Stock P - Purchase D 4.9543 2,500 12 102,621
2015-07-30 3 Cotton Stephen AQMS Common Stock D 200,242
2015-07-30 3 Cotton Stephen AQMS Common Stock D 200,242
P
Achat sur le marché public ou privé d'un titre non dérivé ou dérivé
S
Vente sur le marché public ou privé d'un titre non dérivé ou dérivé
A
Attribution, récompense ou autre acquisition de titres de l'entreprise (comme une option).
C
Conversion d'un produit dérivé
D
Vente ou transfert de titres à l'entreprise
F
Paiement du prix d'exercice ou de la dette fiscale en utilisant une partie des titres reçus de l'entreprise
G
Don de titres par ou à l'initié
K
Swaps d'actions et opérations de couverture similaires
M
Exercice ou conversion d'un titre dérivé reçu de l'entreprise (tel qu'une option)
V
Une transaction déclarée volontairement sur le formulaire 4
J
Autre (accompagnée d'une note de bas de page décrivant la transaction)