[Form 3] iPower, Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Guo Yue, appointed as a director of iPower Inc. (IPW), reported beneficial ownership of 16,667 shares equivalent via restricted stock units (RSUs). The RSUs vest in scheduled tranches: 2,778 shares on June 30, 2025; 4,167 on each of September 30, 2025, December 31, 2025 and March 31, 2026; and 1,388 on April 30, 2026. Each RSU converts to one share of IPW common stock. The Form 3 indicates direct ownership reported by one reporting person.

Positive

• Clear alignment of new director with shareholders via time-based RSUs
• Detailed vesting schedule provides transparency on potential future share issuance
• Direct beneficial ownership clearly reported on Form 3

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: New director granted a standard equity package with time-based vesting; governance alignment but not immediately dilutive.

The Form 3 documents an initial equity award of 16,667 RSUs to Guo Yue following board appointment, with explicit time-based vesting through April 30, 2026. This aligns the directors interests with shareholders over the vesting period. The filing shows direct beneficial ownership and provides clear vesting dates and amounts, enabling investors to track potential future share issuance as RSUs convert to common stock.

Securities Analyst

TL;DR: Disclosure is routine and informational; the award size and schedule are specified, with no derivative instruments disclosed.

The Form 3 reports only non-derivative RSUs totaling 16,667 shares and lists the precise vesting cadence. There are no warrants, options, or convertible securities reported. The document provides sufficient detail to quantify near-term potential increases in outstanding shares as RSUs vest and convert.

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

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1. Name and Address of Reporting Person^*

Guo Yue

(Last) (First) (Middle)

C/O IPOWER INC.

8798 9TH STREET

(Street)

RANCHO CUCAMONGA CA 91730

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/08/2025

3. Issuer Name and Ticker or Trading Symbol
iPower Inc. [ IPW ]

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

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	16,667(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Following her appointment to the Issuer's board of directors, the Reporting Person received 16,667 restricted stock units ("RSUs"), which RSUs will vest as follows: 2,778 shares vest on June 30, 2025, 4,167 shares vest on each of September 30, 2025, December 31, 2025 and March 31, 2026, and the remaining 1,388 shares vest on April 30, 2026. Each RSU represents the right to receive one shares of IPW Common Stock, par value $0.001 per share.

	/s/ Yue Guo	09/04/2025
	** 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 5 (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.

FAQ

Who filed the Form 3 for iPower Inc. (IPW)?

The Form 3 was filed by Guo Yue, reporting initial beneficial ownership as a director.

How many shares does Guo Yue beneficially own according to the filing?

The filing reports 16,667 common stock units represented by RSUs.

What is the vesting schedule for the 16,667 RSUs?

Vesting occurs: 2,778 on 06/30/2025; 4,167 on 09/30/2025, 12/31/2025, and 03/31/2026; and 1,388 on 04/30/2026.

Do the RSUs convert to common stock one-for-one?

Yes. Each RSU represents the right to receive one share of IPW common stock.

Were any derivative securities (options, warrants) reported by the filer?

No. The filing lists only non-derivative RSUs; no options, warrants, or convertibles are reported.