STOCK TITAN

Ideal Power CFO Burns Retains 94,353 Shares After RSU Tax Settlement

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Ideal Power CFO Timothy Burns reported a Form 4 filing on June 28, 2025, disclosing a transaction dated June 20, 2025. The filing details the withholding of 5,639 shares of common stock at a price of $4.22 per share to cover tax obligations related to the vesting of a restricted stock unit award.

Key details:

  • Transaction Code: F (Payment of exercise price or tax liability using portion of securities received)
  • No actual sale of securities occurred in the market
  • Following the transaction, Burns maintains direct beneficial ownership of 94,353 shares
  • The transaction was purely administrative for tax withholding purposes

This routine transaction indicates continued equity-based compensation for the CFO, with shares being withheld for tax purposes rather than an open market sale.

Positive

  • None.

Negative

  • None.
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*
BURNS TIMOTHY

(Last) (First) (Middle)
5508 HIGHWAY 290 WEST
SUITE 120

(Street)
AUSTIN TX 78735

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Ideal Power Inc. [ IPWR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CFO
3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025
4. 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 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 06/20/2025 F 5,639(1) D $4.22 94,353 D
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
Explanation of Responses:
1. Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award. No sale of securities occurred in connection with the tax withholding.
/s/ Timothy Burns 06/24/2025
** 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 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.

FAQ

How many IPWR shares did CFO Timothy Burns dispose of on June 20, 2025?

CFO Timothy Burns disposed of 5,639 shares of IPWR common stock on June 20, 2025. These shares were withheld by the company to cover tax withholding obligations upon the vesting of a restricted stock unit award, at a price of $4.22 per share.

How many shares of IPWR does Timothy Burns own after the June 20, 2025 transaction?

Following the reported transaction on June 20, 2025, Timothy Burns directly owns 94,353 shares of Ideal Power Inc. (IPWR) common stock.

What was the purpose of IPWR CFO's Form 4 filing on June 28, 2025?

The Form 4 filing reported shares withheld by Ideal Power Inc. for tax withholding purposes when CFO Timothy Burns' restricted stock units vested. The filing explicitly notes that no actual sale of securities occurred in connection with the tax withholding.

What is the transaction code used in IPWR CFO's Form 4 filing from June 2025?

The transaction code used in the Form 4 filing is 'F', which indicates shares were withheld by the issuer to satisfy tax withholding obligations upon vesting of restricted stock units.
Ideal Pwr Inc

NASDAQ:IPWR

IPWR Rankings

IPWR Latest News

IPWR Latest SEC Filings

IPWR Stock Data

24.90M
7.69M
2.4%
27.91%
1.18%
Electrical Equipment & Parts
Semiconductors & Related Devices
Link
United States
AUSTIN