Flux Power (FLUX) director converts 50,000 RSUs into common shares

Rhea-AI Filing Summary

Flux Power Holdings director and 10% owner Michael Johnson exercised 50,000 restricted stock units on May 28, 2026, converting them into 50,000 shares of common stock at a price of $0.00 per share. These RSUs were originally granted on May 28, 2025 and vested one year later.

After the conversion, Johnson directly holds 106,311 shares of Flux Power common stock. He also indirectly holds 4,061,799 shares through Esenjay Investments, L.L.C., where he is the sole director and beneficial owner. The company notes this RSU grant had previously not been reported due to an administrative error.

Insider Trade Summary

50,000 shares exercised/converted

Mixed 4 txns

Insider Johnson Michael

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	50,000	$0.00	--
Exercise	Common Stock	50,000	$0.00	--
Grant/Award	Restricted Stock Units	50,000	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 106,311 shares (Direct, null); Common Stock — 4,061,799 shares (Indirect, Esenjay Investments, L.L.C.)

Footnotes (1)

1. On May 28, 2025, the reporting person was granted restricted stock units ("RSUs"), which vested on May 28, 2026. Upon vesting, each RSU converted into one share of the Issuer's common stock. The Reporting Person is the sole director and beneficial owner of Esenjay Investments, L.L.C. Due to an administrative error, this grant was not previously reported.

Key Figures

RSUs converted: 50,000 units Exercise price: $0.00 per share Direct holdings after transaction: 106,311 shares +3 more

6 metrics

RSUs converted 50,000 units Restricted stock units vested and converted May 28, 2026

Exercise price $0.00 per share Conversion of RSUs into Flux Power common stock

Direct holdings after transaction 106,311 shares Flux Power common stock held directly by Michael Johnson

Indirect holdings 4,061,799 shares Common stock held through Esenjay Investments, L.L.C.

RSU grant date May 28, 2025 Date 50,000 RSUs were granted to Michael Johnson

RSU vesting date May 28, 2026 Each RSU converted into one share of common stock

Key Terms

Restricted Stock Units, beneficial owner, grant, award, or other acquisition, derivative exercise/conversion

4 terms

Restricted Stock Units financial

"the reporting person was granted restricted stock units ("RSUs"), which vested on May 28, 2026"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

beneficial owner financial

"The Reporting Person is the sole director and beneficial owner of Esenjay Investments, L.L.C."

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

derivative exercise/conversion financial

"transaction_action": "derivative exercise/conversion""

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Johnson Michael

(Last) (First) (Middle)

C/O FLUX POWER HOLDINGS, INC.

2685 S. MELROSE DRIVE

(Street)

VISTA CALIFORNIA 92081

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Flux Power Holdings, Inc. [ FLUX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/28/2026		M		50,000	A	(1)	106,311	D
Common Stock								4,061,799	I	Esenjay Investments, L.L.C.(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)(3)	05/28/2025		A		50,000		(1)	(1)	Common Stock	50,000	(1)	50,000	D
Restricted Stock Units	(1)	05/28/2026		M			50,000	(1)	(1)	Common Stock	50,000	(1)	0	D

Explanation of Responses:

1. On May 28, 2025, the reporting person was granted restricted stock units ("RSUs"), which vested on May 28, 2026. Upon vesting, each RSU converted into one share of the Issuer's common stock.

2. The Reporting Person is the sole director and beneficial owner of Esenjay Investments, L.L.C.

3. Due to an administrative error, this grant was not previously reported.

	/s/ Kevin S. Royal, Attorney-in-fact	06/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Flux Power (FLUX) report for Michael Johnson?

Flux Power reported that director and 10% owner Michael Johnson converted 50,000 restricted stock units into 50,000 shares of common stock. The RSUs vested on May 28, 2026, and were settled at an exercise price of $0.00 per share.

How many Flux Power (FLUX) shares does Michael Johnson hold after this Form 4?

After this transaction, Michael Johnson directly holds 106,311 Flux Power common shares. He also indirectly holds 4,061,799 shares through Esenjay Investments, L.L.C., where he is the sole director and beneficial owner, according to the Form 4 footnotes.

What was the size and nature of the RSU grant reported by Flux Power (FLUX)?

The Form 4 shows a grant of 50,000 restricted stock units to Michael Johnson on May 28, 2025. These RSUs vested on May 28, 2026, and each unit converted into one share of Flux Power common stock at a price of $0.00 per share.

Was there any issue with the timing of the RSU reporting at Flux Power (FLUX)?

Yes. A footnote explains that the 50,000 restricted stock unit grant dated May 28, 2025 had not been previously reported due to an administrative error. The current Form 4 corrects that oversight and details the vesting and conversion into common stock.

How are Michael Johnson’s indirect Flux Power (FLUX) holdings structured?

Michael Johnson’s indirect ownership consists of 4,061,799 Flux Power common shares held by Esenjay Investments, L.L.C. A footnote states he is the sole director and beneficial owner of Esenjay Investments, which holds these shares on his behalf.