<SEC-DOCUMENT>0001437749-25-031081.txt : 20251015
<SEC-HEADER>0001437749-25-031081.hdr.sgml : 20251015
<ACCEPTANCE-DATETIME>20251015185951
ACCESSION NUMBER:		0001437749-25-031081
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20251013
FILED AS OF DATE:		20251015
DATE AS OF CHANGE:		20251015

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			West Eric
		CENTRAL INDEX KEY:			0002070093
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37515
		FILM NUMBER:		251396089

	MAIL ADDRESS:	
		STREET 1:		5370 KIETZKE LN
		STREET 2:		SUITE 201
		CITY:			RENO
		STATE:			NV
		ZIP:			89511

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Aqua Metals, Inc.
		CENTRAL INDEX KEY:			0001621832
		STANDARD INDUSTRIAL CLASSIFICATION:	SECONDARY SMELTING & REFINING OF NONFERROUS METALS [3341]
		ORGANIZATION NAME:           	04 Manufacturing
		EIN:				471169572
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		2500 PERU DR.
		CITY:			MCCARRAN
		STATE:			NV
		ZIP:			89437
		BUSINESS PHONE:		(775) 525-1936

	MAIL ADDRESS:	
		STREET 1:		2500 PERU DR.
		CITY:			MCCARRAN
		STATE:			NV
		ZIP:			89437
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rdgdoc.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2025-10-13</periodOfReport>

    <issuer>
        <issuerCik>0001621832</issuerCik>
        <issuerName>Aqua Metals, Inc.</issuerName>
        <issuerTradingSymbol>AQMS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002070093</rptOwnerCik>
            <rptOwnerName>West Eric</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>5370 KIETZKE LN</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 201</rptOwnerStreet2>
            <rptOwnerCity>RENO</rptOwnerCity>
            <rptOwnerState>NV</rptOwnerState>
            <rptOwnerZipCode>89511</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOfficer>1</isOfficer>
            <officerTitle>Chief Financial Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2025-10-13</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>12224</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>9.58</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>39465</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Represents 12,224 shares underlying restricted stock units (&quot;RSUs&quot;) that are not yet vested and deliverable. The RSUs will vest and be settled in six equal semi-annual installments over a three year period, subject to the Reporting Person's continuation of service with the Company. These RSUs have been granted under the Company's 2025 Long Term Incentive Program as non-cash stock awards. Each RSU shall entitle its holder to receive one Common Stock of the issuer.</footnote>
        <footnote id="F2">Includes 39,403 shares underlying restricted stock units (&quot;RSUs&quot;) that are not yet vested and deliverable.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Eric West</signatureName>
        <signatureDate>2025-10-15</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
