---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-004911"
form_type: "8-K"
ticker: "AERG"
cik: "0000879911"
company_name: "APPLIED ENERGETICS, INC."
filed_at: "2023-01-25T23:59:59+00:00"
generated_at: "2026-06-20T10:14:52.597183+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Applied Energetics amends consulting agreements; extends Chief Scientist term, increases comp, issues contingent RSUs

## Summary
- Stephen W. McCahon (Chief Scientist) extended to 3 years with compensation of $300K/$325K/$350K per year.
- Westpark Advisors extended to 3 years with compensation of $260K/$275K/$290K per year.
- Westpark eligible for 940,909 RSUs contingent on $5M cumulative revenue and funding condition; nullifies 1M unissued options.

## SEC filing metadata
- accession: 0001213900-23-004911
- form_type: 8-K
- ticker: AERG
- cik: 0000879911
- company_name: APPLIED ENERGETICS, INC.
- filed_at: 2023-01-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/879911/000121390023004911/0001213900-23-004911-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/879911/000121390023004911/ea172146-8k_applied.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-004911
- JSON: https://secwatch.observer/filing/0001213900-23-004911.json
- Plain text: https://secwatch.observer/filing/0001213900-23-004911.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.