Aqua Metals, Inc.
US ˙ NasdaqCM ˙ US03837J1016

SecurityAQMS / Aqua Metals, Inc.
InsiderJudd Merrill
This page shows the track record and history of Merrill Judd 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 Judd Merrill 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 37,500 0.3900 2,500 5.8500 14,625 205 2.8200 -7,575 -51.79
2020-08-07 481 1.0400 32 15.6000 500
2020-07-24 446 1.1200 30 16.8000 500
2020-07-10 450 1.1100 30 16.6500 500
2020-06-26 455 1.1000 30 16.5000 500
2020-06-09 2,400 1.0500 160 15.7500 2,520
2020-06-08 100 0.8700 7 13.0500 87
2019-06-14 2,000 1.4967 133 22.4505 2,993
2019-01-17 5,000 1.9000 333 28.5000 9,500

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 Judd Merrill 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 (%)
2021-07-02 85,311 2.7100 5,687 40.6500 231,193 326 0.7287 -227,048 -98.21
2021-03-24 17,393 3.8800 1,160 58.2000 67,485
2021-03-02 46,725 5.1500 3,115 77.2500 240,634
2021-03-01 9,973 5.1500 665 77.2500 51,361
2021-01-04 41,773 3.3600 2,785 50.4000 140,357
2020-07-02 61,445 1.1500 4,096 17.2500 70,662
2020-01-07 619 0.8000 41 12.0000 495
2020-01-03 106,034 0.7100 7,069 10.6500 75,284

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
2025-02-24 2025-02-20 4 Merrill Judd AQMS Common Stock A - Award D 27,208 244,119
2025-01-03 2025-01-01 4 Merrill Judd AQMS Common Stock F - Taxes D 2.5200 -6,112 -15 216,911
2024-12-23 2024-12-19 4 Merrill Judd AQMS Common Stock A - Award D 124,633 223,023
2024-07-03 2024-07-01 4 Merrill Judd AQMS Common Stock F - Taxes D 0.3200 -108,612 -35 1,967,804
2024-05-16 2024-05-14 4 Merrill Judd AQMS Common Stock P - Purchase D 0.3900 37,500 15 2,076,416
2024-01-03 2024-01-02 4 Merrill Judd AQMS Common Stock F - Taxes D 0.7900 -98,215 -78 2,138,916
2023-12-14 2023-12-12 4 Merrill Judd AQMS Common Stock A - Award D 50,000 2,237,131
2023-12-14 2023-12-12 4 Merrill Judd AQMS Common Stock A - Award D 100,000 2,187,131
2023-12-14 2023-12-12 4 Merrill Judd AQMS Common Stock A - Award D 625,624 2,087,131
2023-07-06 2023-07-06 4 Merrill Judd AQMS Common Stock D - Sale to Issuer D 1.1200 -25,000 -28 1,461,507
2023-07-06 2023-07-03 4 Merrill Judd AQMS Common Stock F - Taxes D 1.2100 -87,276 -106 1,486,507
2023-03-24 2023-03-23 4 Merrill Judd AQMS Common Stock F - Taxes D 1.0500 -16,396 -17 1,573,783
2023-01-05 2023-01-03 4 Merrill Judd AQMS Common Stock F - Taxes D 1.1500 -91,800 -106 1,590,179
2022-12-27 2022-12-22 4 Merrill Judd AQMS Common Stock A - Award D 0.6300 23,659 15 1,681,979
2022-12-14 2022-12-12 4 Merrill Judd AQMS Common Stock A - Award D 582,256 1,658,320
2022-07-08 2022-07-08 4 Merrill Judd AQMS Common Stock D - Sale to Issuer D 0.7700 -108,517 -84 1,141,064
2022-07-08 2022-07-05 4 Merrill Judd AQMS Common Stock D - Sale to Issuer D 0.8200 -65,000 -53 1,076,064
2022-03-28 2022-03-24 4 Merrill Judd AQMS Common Stock D - Sale to Issuer D 1.4100 -19,971 -28 1,314,581
2022-03-28 2022-03-23 4 Merrill Judd AQMS Common Stock D - Sale to Issuer D 1.4300 -65,000 -93 1,249,581
2022-01-06 2022-01-05 4 Merrill Judd AQMS Common Stock D - Sale to Issuer D 1.2700 -87,063 -111 1,400,052
2022-01-06 2022-01-04 4 Merrill Judd AQMS Common Stock D - Sale to Issuer D 1.3400 -65,500 -88 1,334,552
2021-12-15 2021-12-13 4 Merrill Judd AQMS Common Stock A - Award D 331,070 1,487,115
2021-07-06 2021-07-02 4 Merrill Judd AQMS Common Shares S - Sale D 2.7100 -85,311 -231 482,249
2021-03-26 2021-03-24 4 Merrill Judd AQMS Common Shares S - Sale D 3.8800 -17,393 -67 405,115
2021-03-03 2021-03-02 4 Merrill Judd AQMS Employee Stock Option (right to buy) M - Exercise D 1.88 -46,725 852,908
2021-03-03 2021-03-02 4 Merrill Judd AQMS Common Stock S - Sale D 5.1500 -46,725 -241 380,841
2021-03-03 2021-03-02 4 Merrill Judd AQMS Common Stock M - Exercise D 1.8800 46,725 88 427,566
2021-03-03 2021-03-01 4 Merrill Judd AQMS Employee Stock Option (right to buy) M - Exercise D 1.88 -9,973 899,633
2021-03-03 2021-03-01 4 Merrill Judd AQMS Common Stock S - Sale D 5.1500 -9,973 -51 380,841
2021-03-03 2021-03-01 4 Merrill Judd AQMS Common Stock M - Exercise D 1.8800 9,973 19 390,814
2021-01-05 2021-01-04 4 Merrill Judd AQMS Common Shares S - Sale D 3.3600 -41,773 -140 380,841
2020-12-18 2020-12-16 4 Merrill Judd AQMS Restricted Stock Units A - Award D 0.00 323,276 1,131,370
2020-08-10 2020-08-07 4 Merrill Judd AQMS Common Shares P - Purchase D 1.0400 481 1 314,048
2020-07-27 2020-07-24 4 Merrill Judd AQMS Common Shares P - Purchase D 1.1200 446 0 313,567
2020-07-14 2020-07-10 4 Merrill Judd AQMS Common Shares P - Purchase D 1.1100 450 0 313,121
2020-07-07 2020-07-02 4 Merrill Judd AQMS Common Shares S - Sale D 1.1500 -61,445 -71 312,671
2020-06-29 2020-06-26 4 Merrill Judd AQMS Common Shares P - Purchase D 1.1000 455 1 265,550
2020-06-09 2020-06-09 4 Merrill Judd AQMS Common Shares P - Purchase D 1.0500 2,400 3 260,095
2020-06-09 2020-06-08 4 Merrill Judd AQMS Common Shares P - Purchase D 0.8700 100 0 257,695
2020-05-20 2020-05-19 4 Merrill Judd AQMS Restricted Stock Units A - Award D 0.00 497,250 808,094
2020-03-25 2020-03-23 4 Merrill Judd AQMS Restricted Stock Units A - Award D 0.00 140,250 306,212
2020-03-25 2020-03-23 4 Merrill Judd AQMS Stock Options D - Sale to Issuer D 4.39 -62,500 165,962
2020-03-25 2020-03-23 4 Merrill Judd AQMS Stock Options D - Sale to Issuer D 4.89 -62,500 165,962
2020-03-25 2020-03-23 4 Merrill Judd AQMS Stock Options D - Sale to Issuer D 3.79 -125,000 290,962
2020-03-25 2020-03-23 4 Merrill Judd AQMS Restricted Common Stock A - Award D 125,000 400,872
2020-01-09 2020-01-07 4 Merrill Judd AQMS Common Shares S - Sale D 0.8000 -619 -0 275,872
2020-01-06 2020-01-03 4 Merrill Judd AQMS Common Shares S - Sale D 0.7100 -106,034 -75 274,175
2020-01-06 2020-01-02 4 Merrill Judd AQMS Common Shares A - Award D 360,000 380,209
2019-07-08 2019-07-06 4 Merrill Judd AQMS Common Shares F - Taxes D 1.8300 -687 -1 20,209
2019-06-14 2019-06-14 4 Merrill Judd AQMS Common Shares P - Purchase D 1.4967 2,000 3 20,896
2019-03-14 2019-03-12 4 Merrill Judd AQMS Stock Options A - Award D 4.39 62,500 62,500
2019-03-14 2019-03-12 4 Merrill Judd AQMS Stock Options A - Award D 4.89 62,500 62,500
2019-03-14 2019-03-12 4 Merrill Judd AQMS Stock Options A - Award D 3.79 125,000 125,000
2019-01-22 2019-01-17 4 Merrill Judd AQMS Common Stock P - Purchase D 1.9000 5,000 10 18,896
2019-01-07 2019-01-04 4 Merrill Judd AQMS Employee Stock Option (right to buy) A - Award D 1.88 56,698 56,698
2019-01-07 2019-01-04 4/A Merrill Judd AQMS Employee Stock Option (right to buy) A - Award D 1.88 56,698 56,698
2019-01-07 2019-01-04 4/A Merrill Judd AQMS Common Stock A - Award D 13,896 13,896
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)